Shanghai Airport and China Duty-Free Group established a duty-free company with a registered capital of 200 million.

Tianyancha App shows that recently, China Duty Free Group Duty Free Products Co., Ltd. was established, with Yang Hongyi as the legal representative and a registered capital of 200 million RMB. Its business scope includes the sales of duty-free products, retail of tobacco products, liquor sales, food sales, information consulting services, electronic product sales, communication equipment sales, and lighting sales. It is jointly held by Shanghai Airport and China Duty Free Products Co., Ltd.