中信建投指出，25年第一季度整体免税销售额及海南免税销售额下滑，第二季度仍受一定影响。第 二季度海南渠道逐步转正。多地市内免税店进入落地培育阶段。关税政策下，免税渠道部分商品价格优 势扩大，预计市内免税店未来更好服务外国人离境场景下国货销售。年内海南封关将近，离岛免税政策 独立性预计仍维持，且有望受益封关后消费提振政策。 (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 中国中免(01880)盘中飙升逾9%，截至发稿，股价上涨5.10%，现报65.90港元，成交额4.081亿港 元。 中免集团发布消息称，广州首家市内免税店将于8月26日开业。据悉，广州市内免税店由中免集 团、广百股份(002187)、岭南控股(000524)和白云机场(600004)联合打造。此前，8月23日，深圳市内免 税店在试营业期间顺利迎来首单成交。上午10时许，顾客白先生在免税酒水区完成购物结算，并将 ...

中国中免（01880）盘中飙升逾9%，截至发稿，股价上涨5.10%，现报65.90港元，成交额4.081亿港元。 中免集团发布消息称，广州首家市内免税店将于8月26日开业。据悉，广州市内免税店由中免集团、广百股份、岭南控股和白云机场联合打造。此前，8月23日，深圳市内免税店在试营业期间顺 中信建投指出，25年第一季度整体免税销售额及海南免税销售额下滑，第二季度仍受一定影响。第二季度海南渠道逐步转正。多地市内免税店进入落地培育阶段。关税政策下，免税渠道部分商品 责任编辑：卢昱君 ...

智通财经APP获悉，中国中免(01880)飙升逾9%，截至发稿，涨7.26%，报67.25港元，成交额3.27亿港 元。 消息面上，中免集团发布消息称，广州首家市内免税店将于8月26日开业。据悉，广州市内免税店由中 免集团、广百股份、岭南控股和白云机场联合打造。此前，8月23日，深圳市内免税店在试营业期间顺 利迎来首单成交。上午10时许，顾客白先生在免税酒水区完成购物结算，并将在下周一从深圳机场启程 前往迪拜，成为免税店试营业阶段的首单顾客。这也标志着项目建设和运营取得阶段性成果。 中信建投指出，25年第一季度整体免税销售额及海南免税销售额下滑，第二季度仍受一定影响。第二季 度海南渠道逐步转正。多地市内免税店进入落地培育阶段。关税政策下，免税渠道部分商品价格优势扩 大，预计市内免税店未来更好服务外国人离境场景下国货销售。年内海南封关将近，离岛免税政策独立 性预计仍维持，且有望受益封关后消费提振政策。 ...

珠海珠免集团股份有限公司2025 年半年度报告 公司代码：600185 公司简称：珠免集团 珠海珠免集团股份有限公司 珠海珠免集团股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李向东、主管会计工作负责人高升业及会计机构负责人（会计主管人员）石晶 华声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 受各种风险、不确定因素及假设的影响，本报告中基于对未来政策、经济及产业的主观假定 和判断而作出的前瞻性陈述，可能与实际结果存在差异。本报告期内涉及未来计划、发展战略等 前瞻性陈述，不构成公司对投资者的实质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董 ...

2024年8月，财政部等五部门联合印发《关于完善市内免税店政策的通知》，明确将在深圳等8个城市各设立 1家市内免税店。深圳积极推进，从市内免税店招标选址到筹备落地，再到如今的冲刺开业，成为全国新增 市内免税店项目中最早落地执行的城市之一。 深圳首家市内免税店由中免集团、深圳免税集团、深业集团联合打造，面积近3000平方米，位于深业上城一 层黄金地段，区位优势与空间规模兼具。该店将以"免税+有税""进口+国产""线下+线上"经营思路升级市内免 税店模式，在引入众多国际知名品牌的基础上，结合深圳特色，大力推广具有深圳元素的国货潮品，打造深 圳链接世界、展示魅力的"城市新客厅"。 据深圳市内免税店总经理张海涛透露，店内将涵盖免税商品及有税商品，构建以美妆护肤、腕表首饰、高端 酒水为主，国潮精品、科技电子为特色的多元化商品矩阵，汇聚国际知名品牌、中华老字号非遗品牌及本土 化优质国民科技品牌，包括智能手机、全景相机等众多"深圳智造"产品，为消费者提供更优质、多元、便捷 的购物体验。 深圳首家市内免税店位于深业上城一层。（受访单位供图） 【深圳商报讯】（首席记者 刘琼）8月23日，深圳首家市内免税店在试营业期间迎来首单成 ...

△东南亚媒体记者们在陵水黎安国际教育创新试验区内进行交流 另一股消费回流力量，正在博鳌乐城国际医疗旅游先行区加速汇聚。这里凭借"先行先试"的政策优势，吸引了国 内外高端医疗资源的聚集。 8月22日下午，三亚国际免税城内人流如织，来自东南亚的媒体记者们穿行其间，感受海南离岛免税购物"金字招 牌"的魅力。来自世界各地的消费者汇聚于此，手提购物袋、畅享优惠，现场氛围热烈。这正是海南持续促进高端 购物、医疗、教育"三大境外消费回流"的生动缩影。 依托海南自贸港开放政策，海南正通过擦亮免税购物金字招牌、吸引高端医疗消费回流和塑造"留学海南"国际品 牌三张关键牌，持续推动消费回流能级提升。 作为推动"海南国际教育创新岛"建设的重要平台，陵水黎安国际教育创新试验区以中外合作办学和境外高校独立 办学为特色，吸引了越来越多东南亚地区的学生前来深造。8月22日，东南亚媒体记者们走进园区，实地体验具有 自贸港特色的国际化人才培养模式。今年以来，试验区已签约国内外知名高校26所，累计获批中外合作办学机构 （项目）9个，正在推动教育消费从"境外流"转向"境内留"。 当东盟记者来到三亚国际免税城，看看他们都买了什么？ 编辑/周超 △东南 ...

深圳商报·读创客户端首席记者 刘琼 2025年8月23日，深圳首家市内免税店在试营业期间迎来首单成交。上午10时许，顾客白先生在免税酒 水区完成购物结算，并将在下周一从深圳机场启程前往迪拜。在工作人员的专业引导下，顺利完成免税 购物流程，成为免税店试营业阶段的首单顾客。据悉，深圳市内免税店将于月26日正式开业。 市内免税店，是一种设立在城市核心区域，面向即将在规定期限内离境的旅客（包括但不限于中国籍旅 客）销售免税商品的零售业态，相比传统的口岸免税店，具有购物时间更灵活、购物环境更舒适、商品 品类更丰富，且更能与城市商业、文化、旅游资源深度融合的优势。 据深圳市内免税店总经理张海涛透露，店内将涵盖免税商品及有税商品，构建以美妆护肤、腕表首饰、 高端酒水为主，国潮精品、科技电子为特色的多元化商品矩阵，汇聚国际知名品牌、中华老字号非遗品 牌及本土化优质国民科技品牌，包括智能手机、全景相机等众多"深圳智造"产品，为消费者提供更优 质、多元、便捷的购物体验。 据悉，深圳市内免税店将采取"市内选购，机场、邮轮母港离境提货"的创新模式，为离境消费者提供便 捷的购物体验。与传统离境退税约8%至9%的优惠幅度相比，市内免税店 ...

Group 1 - In July, the total retail sales of consumer goods reached 38,780 billion yuan, with a year-on-year growth of 3.7% [1][6] - Excluding automobiles, the retail sales of consumer goods amounted to 34,931 billion yuan, growing by 4.3% [1][6] - From January to July, the total retail sales of consumer goods were 284,238 billion yuan, with a growth rate of 4.8% [1][6] Group 2 - Urban retail sales in July were 33,620 billion yuan, reflecting a year-on-year increase of 3.6%, while rural retail sales reached 5,160 billion yuan, growing by 3.9% [3] - For the first seven months, urban retail sales totaled 246,669 billion yuan, with a growth of 4.8%, and rural retail sales were 37,569 billion yuan, increasing by 4.7% [3] Group 3 - In July, the retail sales of goods were 34,276 billion yuan, with a year-on-year growth of 4.0%, while catering revenue was 4,504 billion yuan, growing by 1.1% [3][6] - From January to July, the retail sales of goods reached 252,254 billion yuan, with a growth of 4.9%, and catering revenue was 31,984 billion yuan, increasing by 3.8% [3] Group 4 - For the first seven months, retail sales in convenience stores, supermarkets, department stores, specialty stores, and brand exclusive stores grew by 7.0%, 5.2%, 1.1%, 5.8%, and 1.9% respectively [4] - The national online retail sales reached 86,835 billion yuan, with a year-on-year growth of 9.2%, and the physical goods online retail sales were 70,790 billion yuan, growing by 6.3% [4] Group 5 - The newly opened Apple Store in Shenzhen is the third in the city and the 58th in Greater China, completing the layout along the east-west axis of Shenzhen [11] - The first city duty-free store in Shenzhen is set to open on August 26, featuring a diverse range of products including beauty, watches, and high-end liquor [13] Group 6 - The local fashion brand Lemanism is opening its first store in Nanchang, focusing on a comfortable and sunny shopping experience for the youth [25] - The brand BornTooth is expanding with its fourth store in Shanghai, emphasizing natural pet care products [27] Group 7 - The high-end dining brand PIZZERIA from Pizza Hut has opened its first store in South China, targeting young consumers with a focus on aesthetic dining experiences [30] - JD's first outlet in Nanjing has opened, featuring over 70 brands and a unique shopping experience [31] Group 8 - The sports brand 361 Degrees reported a revenue of 5.705 billion yuan for the first half of 2025, with a year-on-year growth of 11% [38] - Lilang Group's revenue for the first half of the year was 1.727 billion yuan, reflecting a growth of 7.9% [41] Group 9 - The company Bubu Gao reported a net profit of 201 million yuan for the first half of 2025, marking a significant turnaround [42] - The company has improved its operational quality by closing underperforming stores and focusing on high-potential locations [43]

Group 1 - The A-share duty-free store concept has shown strong performance, with notable stock increases for companies such as Wushang Group (up 7.19%) and Huayang Lianzhong (up 2.46%) [1] - The duty-free industry is benefiting from multiple favorable policies, including the implementation of personal consumption loan interest subsidies by the central government [1] - The Ministry of Finance announced that this is the first time the central government has provided interest subsidies for personal consumption loans, aimed at reducing consumer credit costs and stimulating consumption [1] Group 2 - The first city duty-free store in Shenzhen is set to open at the end of August, featuring a 3,000 square meter area and a business model that combines duty-free and taxable goods [2] - The Guangzhou city duty-free store will also open soon, showcasing a mix of international brands and local specialties, which is expected to drive growth in the duty-free sector [2] - The opening of these city duty-free stores is anticipated to create new growth points for the duty-free industry and enhance the prosperity of urban commercial districts [2]

Core Viewpoint - Guangzhou Baiyun International Airport Co., Ltd. has signed a cooperation contract with China Duty Free Group Co., Ltd. for the operation of the T3 terminal's outbound duty-free project, transferring the operating rights of specific areas to the duty-free group for a period of 10 years [2][3][11]. Transaction Overview - The contract allows China Duty Free Group to operate duty-free goods in designated areas of the T3 terminal, in accordance with national policies [2][3]. - The contract was established through a public bidding process, and no board approval was required for its signing [4]. Counterparty Information - China Duty Free Group is a wholly-owned limited liability company with a registered capital of approximately 1.052 billion yuan, established in 1985, and operates various duty-free retail services [5][6]. - There are no related party transactions or significant asset restructuring involved in this agreement [5]. Transaction Details - The operating area for the duty-free project is approximately 3,050 square meters located on the fourth floor of the T3 terminal [9]. - The contract stipulates that at least 1,200 square meters must be operational by the time the international functions of T3 are activated, with a total of at least 1,600 square meters operational by December 31, 2026 [10][11]. Financial Terms - The monthly operating fee is determined by the higher of a guaranteed minimum fee or a sales commission, with the minimum fee set at 2,300 yuan per square meter [17][18]. - The minimum fee will increase by 6% annually starting from January 1, 2027, with specific conditions for adjustments based on passenger throughput [18][19]. Impact on the Company - This cooperation is expected to enhance the service quality at the airport and meet the needs of international travelers, thereby increasing the value of the terminal's retail resources [20].