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Zhongmin Group, a subsidiary of China Zhimin (01880), signed a project contract with Beijing Capital Airport

Zhitongcaijing·12/29/2025 13:49:05
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According to Zhitong Finance App, China Finance (01880) issued an announcement stating that on December 26, 2025, China Duty Free (Group) Co., Ltd. (China Duty Free Group), a wholly-owned subsidiary of the company, won the bid for section 01 of the Beijing Capital International Airport Duty Free Project. On December 29, 2025, China Duty Free Group and Beijing Capital Airport Trading Co., Ltd. (Beijing Capital Airport) signed the “Beijing Capital International Airport Duty Free Project (Section 01) Project Contract”.

The location and operating area of the project is within the international exit quarantine area and entry area of Beijing Capital International Airport Terminal 3, with a total area of 10,646.74 square meters. The details are based on the measured area.

The company will use a wholly-owned subsidiary as the carrier to operate the business related to inbound and outbound duty-free shops at Beijing Capital International Airport (T3 Terminal). After the contract is signed, it is conducive to continuing to consolidate the company's channel advantages at core airports. If the above projects are successfully implemented, it will have a positive impact on the company's future business performance development.