GRANDBUY jointly invests in Guangzhou Duty-Free Shop Co., Ltd. to enter the city duty-free market

Zhitong
2025.05.16 10:29
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GRANDBUY, together with CTG DUTY-FREE, LN Holdings, and GBIAC, jointly invested to establish CTG DUTY-FREE (Guangzhou) Co., Ltd., with a registered capital of 45 million yuan, of which GRANDBUY invested 8.775 million yuan, accounting for 19.50%. This move aims to explore the duty-free market in Guangzhou, respond to the policies of five ministries, promote the healthy development of downtown duty-free shops, integrate supply chain resources, drive the "retail + tourism" business, and upgrade the industrial ecological layout