Introduction
China Tourism Group Duty Free Corp Ltd is a China-based company mainly engaged in the retail business of travel commodities and the provision of related services. The Company conducts its businesses primarily through two segments. The Commodity Sales Business segment is mainly engaged in the sale of duty-free and tax-taxed goods. The Investment and Development of Commercial Complex segment is principally engaged in the development of tourism retail complexes and property leasing. The Company is mainly engaged in tourism retail business mainly focusing on duty-free, including wholesale and retail of duty-free goods such as tobacco, alcohol, cosmetics, goods, clothing, and electronic products. The Company conducts its businesses in the domestic market and overseas markets.