---
title: "GGITG: Q3 2025 revenue of 172 million yuan, a year-on-year increase of 11.11%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263460980.md"
description: "GGITG's revenue in the third quarter of 2025 was 172 million yuan, a year-on-year increase of 11.11%. As of the end of the third quarter of 2025, the company operated 11 stores in the Gansu, Ningxia, and Qinghai regions, with a total operating area of 361,500 square meters. The Gansu Shanshan Outlets, a joint venture with Shanshan Commercial, opened in July 2020, with an operating area of 106,200 square meters. The Zhangye GGITG Plaza, which is expected to start trial operations in August 2026, is currently under construction"
datetime: "2025-10-30T08:42:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263460980.md)
  - [en](https://longbridge.com/en/news/263460980.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263460980.md)
---

# GGITG: Q3 2025 revenue of 172 million yuan, a year-on-year increase of 11.11%

GGITG announced that as of the end of the third quarter of 2025, the company has 11 operational stores in Gansu, Ningxia, and Qinghai, with a total operating area of 361,500 square meters. The Gansu Fenshen Outlets, a joint venture with Fenshen Commercial, opened in July 2020, covering an area of 106,200 square meters. The Zhangye GGITG Plaza, which is planned for investment and construction, is expected to have a trial operation in August 2026. In 2025, the company will commence the second phase of the upgrade and renovation project for the Lanzhou GGITG Department Store at Dongfanghong Plaza, with several stores completing or advancing renovations. The subsidiary Lanzhou GGITG Department Store collaborates with "Ma Liu Ji," "Haidilao," and others. From July to September 2025, the company's revenue reached 172 million yuan, a year-on-year increase of 11.11%, with a gross profit margin of 43.83%, an increase of 5.96 percentage points year-on-year

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