According to the China Exemption Notice, on December 26, 2025, its wholly-owned subsidiary China Duty Free Co., Ltd. won the bid for section 01 of the Beijing Capital International Airport Duty Free Project. The winning bid amount was 480.27 million yuan of guaranteed operating expenses for the first year, 5% commission on sales for the first year, and the operating period is until 2034. After the project is signed, the company's domestic core airport channel advantage will be enhanced or the development of the airport duty-free business will be promoted. However, the company has yet to sign a formal contract, and the terms are uncertain.

According to the China Exemption Notice, on December 26, 2025, its wholly-owned subsidiary China Duty Free Co., Ltd. won the bid for section 01 of the Beijing Capital International Airport Duty Free Project. The winning bid amount was 480.27 million yuan of guaranteed operating expenses for the first year, 5% commission on sales for the first year, and the operating period is until 2034. After the project is signed, the company's domestic core airport channel advantage will be enhanced or the development of the airport duty-free business will be promoted. However, the company has yet to sign a formal contract, and the terms are uncertain.