Zhufu Group announced that its subsidiary, Zhuhai Duty Free Enterprise Group Co., Ltd. plans to jointly invest with Zhuhai Grand Hengqin Commercial Management Co., Ltd. and Hengqin Shenhewen Business and Tourism Management Co., Ltd. to establish a joint venture with a registered capital of 20 million yuan, of which the duty-free company will invest 10.2 million yuan and hold 51% of the shares. The joint venture will specifically operate the Hengqin Port Duty-free Shop. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review.

Zhufu Group announced that its subsidiary, Zhuhai Duty Free Enterprise Group Co., Ltd. plans to jointly invest with Zhuhai Grand Hengqin Commercial Management Co., Ltd. and Hengqin Shenhewen Business and Tourism Management Co., Ltd. to establish a joint venture with a registered capital of 20 million yuan, of which the duty-free company will invest 10.2 million yuan and hold 51% of the shares. The joint venture will specifically operate the Hengqin Port Duty-free Shop. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review.