Zhi Xin Gai

Xinxing Cathay International Group Co., Ltd. engages in the asset management, capital operations, and production management activities. Its business scopes include metallurgical casting, light industrial textile, equipment manufacturing, business trade and logistics, and modern farming industries. Its products include ductile cast iron pipes, pipe fittings, steel gratings, oil equipment, textiles, garments, and rubber products. The company was founded in June 1950 and is headquartered in Beijing, China.

CITS Group Corp. operates travel agencies. Its business activities include distribution of duty free products, integrated tourism project development and investment, electronic commerce, and other related travel services. The company was founded in 2003 and is headquartered in Beijing, China.

China International Travel Service Ltd. Head Office provides leisure, travel, and tourism services. The company is based in Beijing, China. The Chinese company is ultimately controlled by the Government of China.

China Duty Free Group Co., Ltd. is a state-owned enterprise authorized by the State Council to operate duty-free business across the country. The company is based in Beijing, China and ultimately controlled by the Government of China. With a vast network of retail locations in airports, cruise terminals, and downtown stores, CDFG is dedicated to providing travelers and consumers with a world-class shopping experience, offering a diverse range of high-quality products and services. Founded in 1984, the Chinese company has established long-term relationships with nearly 1,000 brands and has over 240 duty-free stores in more than 30 provinces, municipalities, and autonomous regions.