Group 1 - The company aims to develop a super international hub, with potential primarily in international passenger flow [2] - With the recovery of passenger traffic, the company has introduced a batch of brand direct stores and airport hotels, which will drive future revenue growth [2] - The advertising and duty-free segments have potential for improvement, with recent surveys indicating that advertising has already shown signs of recovery in Q3 [2][3] Group 2 - The duty-free segment is highlighted as a key area, with expectations for increased competition among operators, which could lead to significant changes [2] - The current minimum guarantee does not reflect the commercial value of Pudong, and a more reasonable guarantee could enhance the motivation of duty-free operators [2]