China International Travel Service Corporation Limited (601888.SH), a subsidiary of China Duty Free Group, won the bid for the duty-free project 01 at Beijing Capital International Airport, with a minimum guaranteed operating fee of 4.8 billion yuan in the first year.

Zhtng Cijng APP News, China International Travel Service Corporation Limited (601888.SH) announced that its wholly-owned subsidiary, China Duty Free Group Co., Ltd., has become the winning bidder for the 01 section of the duty-free project at Beijing Capital International Airport. The winning bid includes a guaranteed annual operating fee of 480 million yuan in the first year, with a commission rate of 5% on the first year's sales revenue. The operating period is from the starting date specified in the contract until February 10, 2034. After signing this project, the company's channel advantage at core domestic airports will further enhance, which will help meet the diverse shopping needs of inbound and outbound travelers, improve the diversified duty-free shopping experience, and promote the high-quality development of airport duty-free business. If the above-mentioned project is successfully implemented, it will have a positive impact on the company's future business performance and development.