Zhuhai Duty Free Group (600185.SH) plans to acquire the remaining 49% equity of the duty-free company; shares suspended.

date
11/11/2026
Zhitong Finance APP news, Zhuhai Duty Free Group (600185.SH) issued an announcement that on November 11, 2026, the company signed a Letter of Intent with Zhuhai Investment Holdings Co., Ltd. (referred to as "Haitou Company") and Zhuhai Kangge Investment Co., Ltd. (referred to as "Kangge Investment"). The company is planning to acquire, through the issuance of shares and cash payment, a 26% equity interest in Zhuhai Duty Free Enterprise Group Co., Ltd. (referred to as "Duty Free Company") held by Haitou Company and a 23% equity interest in the Duty Free Company held by Kangge Investment, and to raise supporting funds. The company currently holds a 51% equity interest in the Duty Free Company. Upon completion of this transaction, the Duty Free Company will become a wholly-owned subsidiary of the company.