CTG DUTY-FREE (01880) announced that on December 26, 2025, its wholly-owned subsidiary, China Duty Free Group Co., Ltd. (CDFG), won the bid for Lot 01 of the Beijing Capital International Airport duty-free project. On December 29, 2025, CDFG signed the "Beijing Capital International Airport Duty-Free Project (Lot 01) Contract" with Beijing Capital Airport Commerce Co., Ltd. (Beijing Capital Airport). The project is located within the international departure restricted area and the arrival area of Terminal 3 at Beijing Capital International Airport, with a total area of 10,646.74 square meters, subject to final surveyed measurements. The company will utilize its wholly-owned subsidiary as the operating entity for the inbound and outbound duty-free shop business at Beijing Capital International Airport (Terminal 3). The signing of this contract is conducive to continuously consolidating the company's channel advantages in core airports. If the aforementioned project is successfully implemented, it is expected to have a positive impact on the company's future operating performance.

