Core Viewpoint - China Tourism Group Duty Free Co., Ltd. has won the bid for duty-free shop projects at Shanghai Pudong International Airport and Shanghai Hongqiao International Airport, enhancing its market position in domestic core airports [1][8]. Project Details - Project Name: Duty-free shop projects at Shanghai Pudong and Hongqiao International Airports [1]. - Bid Sections: Section Two for Pudong Airport (T2 terminal and S2 satellite hall) and Section Three for Hongqiao Airport (T1 terminal) [1][2]. - Winning Entity: China Duty Free Group [1]. - Fee Structure: Monthly fixed fee for Pudong is ¥3,090 per square meter, with commission rates from 8% to 24%; for Hongqiao, the fixed fee is ¥2,827 per square meter, with commission rates from 8% to 22% [1][5]. Contract Terms - Contract Duration: 5+3 years, starting from January 1, 2026, to December 31, 2033 [3][4]. - Area: Pudong Airport covers 9,630.98 square meters; Hongqiao Airport covers 2,470.55 square meters [2][7]. Financial Impact - The project is expected to enhance the company's channel advantages at key domestic airports, catering to diverse shopping needs of inbound and outbound travelers, thus promoting high-quality development of airport duty-free business [8]. Joint Venture - The company will invest ¥102 million to establish a joint venture with Shanghai Airport, holding 51% of the shares [7].

Core Viewpoint - China Duty Free Group has been awarded the contract for duty-free shops at Shanghai Pudong International Airport and Shanghai Hongqiao International Airport, enhancing its market position and operational capabilities in key domestic airports [1] Group 1: Contract Award and Joint Venture - The company received a "Notice of Winning Bid" from Shanghai International Airport Co., confirming that its subsidiary, China Duty Free Group, is the winning bidder for duty-free shop projects at both airports [1] - A joint venture has been established with an investment of RMB 102 million, where China Duty Free Group holds a 51% stake and Shanghai Airport holds 49% [1] - The joint venture will operate duty-free shops at specified terminals in both airports, enhancing the company's operational footprint in the region [1] Group 2: Business Impact and Growth Potential - The successful implementation of this project is expected to improve the company's channel advantages at core domestic airports [1] - The initiative aims to meet the diverse shopping needs of inbound and outbound travelers, thereby enhancing the overall duty-free shopping experience [1] - This development is anticipated to positively impact the company's future operational performance and drive high-quality growth in airport duty-free business [1]

人民财讯12月17日电，中国中免（601888）12月17日公告，近日，公司收到上海机场（600009）发来的 《中标通知书》，确认公司全资子公司中免集团为上海浦东国际机场和上海虹桥国际机场相关免税店项 目的中标人，并分别与上海国际机场股份有限公司及其控股子公司上海虹桥国际机场有限责任公司签署 了《上海浦东国际机场(T2航站楼及S2卫星厅国际区域场地)进出境免税店项目经营权转让合同》和《上 海虹桥国际机场(T1航站楼国际区域场地)进出境免税店项目经营权转让合同》。 ...

证券日报网讯 12月15日晚间，珠免集团发布公告称，公司因经营发展需要向广东南粤银行股份有限公 司珠海分行（简称"南粤银行"）申请新增借款人民币2.8亿元。此前，公司向南粤银行借款人民币2亿 元，公司控股子公司免税公司已为该笔借款提供最高额不超过人民币2亿元的连带责任保证担保。为满 足本次新增借款需求，公司控股子公司免税公司拟与南粤银行签订《担保类合同通用补充协议》，约定 免税公司为公司前述既有借款及本次新增借款提供连带责任保证担保，担保的借款本金最高额不超过人 民币4.8亿元，保证期间为主债务履行期届满之日起三年。本次担保不涉及反担保。上述担保无需提交 公司董事会、股东会审议。 （文章来源：证券日报） ...

Group 1 - The duty-free shop index strengthened during intraday trading, with most constituent stocks showing active performance [1] - Haikou Group led the gains, followed by Youhao Group, Nanning Department Store, Zhuhai Duty-Free Group, and Wangfujing, among others, which saw significant increases [1]

出品｜达摩财经 12月11日，中国招标投标公共服务平台显示，上海机场集团浦东、虹桥国际机场进出境免税店项目中标 候选人结果出炉，中国中免（601888.SH）旗下全资子公司中国免税品（集团）有限责任公司与杜福睿 （上海）商业有限公司成为中标候选人。 上海机场集团本次招标项目分为浦东机场T1、浦东机场T2（均包括卫星厅）、虹桥机场T1三个标段。 三个标段的经营权转让期限最长都为8年，自2026年起至2033年年末。 令人意外的是，在上海机场盘踞26年的日上免税行没有出现在候选人名单中。 据多家媒体报道，12月6日，日上免税行（上海）有限公司（下称"日上上海"）突然召开董事会，围绕 公司是否参加上海机场免税项目招投标进行表决。公司7名董事中，有4名董事明确表示不同意日上上海 参与投标。 日上上海的第一大股东现为中免集团（海南）运营总部有限公司，该公司是中国中免的全资孙公司，其 在2018年收购了日上上海51%股权，成为控股股东。目前日上上海的董事中，有5位来自中国中免一 方，日上上海的董事长王延光现在中国中免担任副总经理。 值得一提的是，双方当初在合作协议时曾约定，目前及未来中国中免或其关联方在上海、北京两地机场 ...

Market Performance - Major indices opened mixed, with the Shanghai Composite Index down 0.1% and the ChiNext Index up [1] - Precious metals continued to rise, with notable gains in companies like Xiaocheng Technology, which rose over 6% [1] - Nuclear power stocks experienced a surge, with companies like Boying Special Welding hitting the daily limit [1] - The commercial aerospace sector strengthened, with Chaojie Co. also hitting the daily limit and other companies seeing gains over 10% [1] Individual Stock Movements - Moore Threads-U saw significant volatility, opening sharply lower and dropping nearly 20% before narrowing its losses [3] - Victory Energy resumed trading and hit the daily limit, with over 1 million shares on the limit order. The company’s major shareholder signed a share transfer agreement to transfer 29.99% of its shares to Qiteng Robotics [3] - Two new stocks are available for subscription today: Xihua Technology and Tian Su Measurement, with respective issuance amounts of 10 million shares and 1.63 million shares [4][5] Financing and Investment Trends - As of December 11, the total market financing balance was 2.49 trillion yuan, a decrease of 6.26 billion yuan from the previous trading day [5] - The agriculture, forestry, animal husbandry, and fishery sector saw the largest increase in financing balance, up 459 million yuan [5] - 14 stocks had net financing purchases exceeding 1 billion yuan, with Shenghong Technology leading at 504 million yuan [6] Shareholder Concentration - A total of 348 stocks reported shareholder numbers as of December 10, with 185 showing a decrease compared to November 30 [7] - The largest decrease in shareholder numbers was for Zhihua Technology, down 16.35% to 18,537 shareholders [8] Institutional Research Activity - In the past two trading days, 73 companies announced institutional research records, with Zhongke Shuguang and Haiguang Information attracting the most attention, each receiving inquiries from 341 institutions [10] - The focus of institutional interest was on the future business development of these companies following the termination of their major asset restructuring [10]

Core Viewpoint - The Shanghai Airport Group has announced the candidates for the duty-free shop projects at Pudong and Hongqiao International Airports, with the winning bidders being Dufo Ray (Shanghai) Commercial Co., Ltd. and China Duty Free Group Co., Ltd. for the first two segments of the project [1] Group 1 - The project consists of three segments, with the first two segments awarded to the same candidates [1]

批复后我省口岸进出境免税店数量增加至52家，位居全国前列，将为广大口岸通关旅客在粤消费提供便 利的购物场所，降低消费者来粤旅游购物成本，有效促进在粤出入境人数优势转化为在粤购物的消费增 量。 省财政厅有关负责人表示，接下来将继续会同省有关部门指导推动相关地市促进免税店顺利开业运营。 同时，我省将大力支持免税店增加线上预订服务，引进广东特色品牌产品进入免税渠道、开发具有我省 特色的主题免税购物场景，增强免税经济发展活力。 12月4日，省财政厅牵头会同省商务厅、省文化和旅游厅、海关总署广东分署、省税务局等五部门印发 《关于设立部分口岸出境免税店的通知》，批复我省两家出境免税店，其中在广州市南沙邮轮母港口岸 新增设立出境免税店，提升邮轮旅客出行体验，促进粤港澳大湾区邮轮产业发展；同时，同意经营协议 即将到期的广州市白云国际机场T2航站出境免税店继续设立，支持口岸出入境客流较大、历史经营情 况良好的免税店稳定运营，促进出入境旅客消费。 10月30日，财政部等五部委印发通知，首次放宽了免税店审批权限，明确自11月1日起将设立口岸出境 免税店的审批权限下放至省级财政等部门，赋予了地方政府更多免税店管理权限，支持地方因地制 ...

Market Performance - The A-share market showed mixed results, with the Shanghai Composite Index down 0.23% and the Shenzhen Component Index up 0.29% as of the close [1] - The total market turnover was 1.79 trillion yuan, a decrease of 126 billion yuan compared to the previous day [1] Sector Performance - The consumer sector performed actively, with notable gains in retail, duty-free shops, film and television, and precious metals, with respective increases of 2.08%, 3.01%, 1.49%, and 3.38% [1] - In the retail sector, several stocks hit the daily limit, including Yonghui Supermarket and Central Plaza, with increases around 10% [2] - The duty-free shop sector saw stocks like Hainan Development and Zhongbai Group also reach the daily limit [2] - The film and television sector had notable performances, with Bona Film Group hitting a 10% limit and Beijing Culture rising over 3% [2] - Precious metals stocks like Xiaocheng Technology and Hunan Silver saw increases of 13.66% and 3.84%, respectively [2] Economic Indicators - The Consumer Price Index (CPI) rose by 0.7% year-on-year in November, marking the highest level since March 2024 [3] - The Producer Price Index (PPI) increased by 0.1% month-on-month but decreased by 2.2% year-on-year [3] - The retail industry is being positioned as a key focus for developing a complete domestic demand system during the 14th Five-Year Plan period, emphasizing quality and service-driven growth [3]