Zhuhai Duty Free Enterprises Group Co., Ltd. (“Zhuhai Duty Free Enterprises Group”) has grown out of Gongbei Duty-Free Shop, founded in 1980 as one of the first wholly state-owned companies approved by the State Council to carry out duty-free sales in China. Zhuhai Duty Free Enterprises Group, which provides duty-free goods and services for nearly 200 million domestic and foreign tourists every year, is a national outstanding travel retail operator and a leader in the port duty-free industry in Southeast China.

Zhuhai Duty Free Enterprises Group has been growing thanks to the overall economic development of the Special Economic Zone, aggressive expansion of the travel retail industry, a first-class, mature operations team, and a standard scientific management system. With stable and diverse supply channels, it has established reliable partnerships with more than 1,000 famous brands worldwide. After more than 40 years of entrepreneurial efforts and strategic reform, Zhuhai Duty Free Enterprises Group has formed a comprehensive investment and development system with duty-free business as its core, covering port duty-free, diversified commercial retail, cross-border business, port economy, commercial complex, and online shopping, with more than 20 member enterprises.

As a duty-free enterprise with wholly-owned subsidiaries covering three major businesses, i.e., duty-free, duty-paid, and bonded (cross-border) businesses, Zhuhai Duty Free Enterprises Group has more than 20 duty-free stores at land ports and airports in China, and Gongbei Port Duty-Free Shop is now the largest duty-free store at land ports in China as measured by single store area.

Zhuhai Duty Free Enterprises Group, which is built upon its regional advantages, targeted national layout, and central location for the entry and exit ports of Zhuhai, Hong Kong and Macao, has formed a new carrier for mutual promotion and win-win with Guangdong-Hong Kong-Macao Greater Bay Area economy. In recent years, Zhuhai Duty Free Enterprises Group has been gradually marching into the national duty-free layout and international markets, with its sales network covering Zhuhai, Hong Kong, Macao, Tianjin, Hainan, Guangxi, Inner Mongolia, and other provinces and cities. At the same time, through its integration and restructuring with Zhuhai Investment Holdings Limited amid the wave of state-owned enterprise reform, Zhuhai Duty Free Enterprises Group is now in the fast lane of “starting a new undertaking” through its innovation and reform efforts.

In the future, Zhuhai Duty Free Enterprises Group will fully grasp the new “dual circulation” development pattern to focus on its duty-free business based on its resource and location advantages. It will further develop the main market of Guangdong-Hong Kong-Macao Greater Bay Area with emphasis on the Hainan market to set a good example of cooperation and exchange between the Hainan Free Trade Port and the Guangdong-Hong Kong-Macao Greater Bay Area. Zhuhai Duty Free Enterprises Group will also adhere to the new philosophy of high-quality development by advancing digital transformation and integrating the most efficient resources of the industry. It will speed up the construction of modern intelligent supply chains, warehousing and logistics, and information management systems to increase the supply of high-quality products and services. It will also promote the quality improvement and expansion of consumer markets through active integration into the world-class travel retail market. By contributing to the implementation of the national “14th Five-Year Plan” for promoting a circular economy and reshaping the global economy, Zhuhai Duty Free Enterprises Group is now going all out to build itself into an industry-leading conglomerate with a global vision.