China Tourism Group Duty Free Corp Ltd - Company Profile
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China Tourism Group Duty Free Corp Ltd (CTG Duty Free), a subsidiary of China Tourism Group Co, Ltd, is a state-owned enterprise that provides comprehensive services in the travel industry. The company's main activities include organizing tours, managing events, and offering travel-related services. CTG Duty Free offers a variety of products and services, such as city tours, group tours, themed tours, and train tours. Its services serve both domestic and foreign tourists, providing duty-free goods and services. CTG Duty Free operates through a network of retail stores located in airports, railway stations, and cities. The company operates in China, Macau, Cambodia, and Hong Kong. CTG Duty Free is headquartered in Beijing, China.
Headquarters
China
Address
8/F, Building A, No. A2 Dongzhimenwai Xiaojie, Dongcheng District, Beijing, 100027
Website
www.ctgdutyfree.com.cn
Telephone
86 10 84479696
No of Employees
14,485
Industry
Leisure and Arts
Ticker Symbol & Exchange
601888 (SHA)
Revenue (2024)
$7.5B
-4.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-16%
(2024 vs 2023)
Market Cap*
$17.3B
Net Profit Margin (2024)
XYZ
-11.6%
(2024 vs 2023)
* As of and is in US$
China Tourism Group Duty Free Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Duty free | Inbound, Outbound, and Domestic Travel |
| Individual Tours | |
| Leisure Tours | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with Beijing Capital Airport Commercial & Trading Co., Ltd, Shanghai Pudong International, and Shanghai Hongqiao International Airports to increase the competitiveness of the airport duty-free business at the Chinese hub. |
| 2023 | Corporate Awards | In June, the company was ranked 60th among the China's 500 Most Valuable Brands at the "World Brand Conference" by World Brand Lab. |
| 2023 | Incorporation/Establishment | In March, the company has announced the opening of duty-free store at Chengdu Tianfu International Airport. |
Competitor Comparison
| Key Parameters | China Tourism Group Duty Free Corp Ltd | Trip.com Group Ltd | China CYTS Tours Holding Co Ltd | Tibet Tourism Co Ltd | GZL International Travel Service Ltd. |
|---|---|---|---|---|---|
| Headquarters | China | Singapore | China | China | China |
| City | Beijing | Singapore City | Beijing | Lasa | Guangzhou |
| State/Province | Beijing | - | Beijing | Tibet | Guangdong |
| No. of Employees | 14,485 | 43,574 | 5,790 | 434 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chen Guoqiang | Vice Chairman | Executive Board | 2023 | 61 |
| Wang Xuan | Chairman, President | Executive Board | 2023 | - |
| YU Hui | Chief - Accountant | Senior Management | 2017 | 46 |
| Zhou Lingjun | Vice President | Senior Management | 2023 | 48 |
| Ge Ming | Director | Non Executive Board | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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