Recently several 188bet app companies have announced their first half performance forecasts，Same as the first quarter，Still losing money。Such performance is expected during the epidemic，without waiting for the market to recover，Some tourism companies have begun to find another way - seeking tax-free licenses。

With this "east wind"，Estimated loss in the first half of the year 1.Usin 188bet app, which is worth RMB 500 million to RMB 200 million, has recently hit the daily limit continuously，Caesar 188bet app, which also suffered losses, has seen its share price rise sharply since early July，China Duty Free, known as the “big brother” in domestic duty-free business, is even more popular。

Compared to the stock price，What they look forward to more is the sales growth brought by the tax-free business。

Performance loss, stock market boom

Recently, Caesars 188bet app and Us 188bet app have announced their first half performance forecast，Caesar 188bet app expects a loss of 85 million-1.4.5 billion yuan，The profit in the same period last year was 6244.080,000 yuan。Reasons for loss，Caesar 188bet app Name，"In order to prevent and control the new crown epidemic，From January 27, 2020，The company suspends the operation of outbound 188bet app groups and "air tickets + hotel" 188bet app products，Resulting in a significant decline in the company’s 188bet app revenue since February 2020；Affected by the epidemic at the same time，The decrease in air and railway passenger flow has led to a certain decrease in the company’s catering volume。”

Reporter learned，Caesar 188bet app is a labor-intensive enterprise，Large number of employees，Under the direct retail model，Global business outlets must continue to operate，Enterprises have large expenditures on labor costs and venue rental fees。

The performance is not popular，The stock price has risen sharply since the beginning of the month，Caesar 188bet app’s closing price on June 30 10.44 yuan/share，The closing price on July 13 was 24 yuan/share。

UX 188bet app expects to lose 1 in the first half.500 million to 200 million yuan，The business model is similar to Caesars 188bet app，The reasons for the loss are almost the same。its name，"From January 27, 2020，The company suspends the operation of group tours and "air tickets + hotel" 188bet app products，Resulting in a significant decline in the company’s business revenue since February 2020。Under epidemic control，The company assumes corporate responsibility，Pay basic wages to employees，Same rent、Fixed expenses such as loan interest still occur，Causing the company to suffer operating losses in the first half of the year。”

On the one hand, income is not guaranteed，On the one hand, employees’ salaries still need to be paid，The rent still needs to be paid，Most domestic cultural and 188bet app companies have encountered such difficulties。

And this does not affect the stock price increase of Uoxin 188bet app，Early July，Zhongxin 188bet app from 7.2 yuan/share rose to 11.92 yuan/share。

The common feature among them is that they are all related to tax-free licenses.

A senior investor told a reporter from 188bet app Times，“Although this is related to the recent ‘bull market’，But looking at it all，Tax-free concept stocks have gone out of the independent market。"Reporter learned，Recently free of charge in 188bet app、Wangfujing、Bailian Shares, etc.，Both have multiple daily limits。

Cultural and 188bet app companies seize the duty-free market

The so-called 188bet app license is the qualification to operate 188bet app goods，Generally divided into entry and exit 188bet app shops、188bet app shops in the city、Hainan Island Duty Free Shop，The prices in 188bet app shops are much cheaper than those in the market，Sales are very impressive。

Duty-free licenses are very scarce in the country，Only 8 pictures so far。The winners are 188bet app Free Shipping、Rishang Duty Free、Hainan Duty Free Products Co., Ltd.、Zhuhai Duty Free Enterprise Group Co., Ltd.、188bet app Overseas Personnel Service Co., Ltd. (hereinafter referred to as "188bet app Overseas Service")、Jilin Zhongqiao Duty-Free Foreign Exchange Commodities Co., Ltd.、Wangfujing、Shenzhen State-owned Duty Free Commodities (Group) Co., Ltd.。

Wangfujing’s license was only obtained in early June.

What really pushed the concept of 188bet app stocks to its peak was the new 188bet app shopping policy for tourists from Hainan’s outlying islands。

June 1，The "Overall Plan for the Construction of Hainan Free Trade Port" is released，Proposed to “relax the 188bet app shopping limit on outlying islands to NT0,000 per person per year，Expand the types of 188bet app goods”。After that, the Ministry of Finance、General Administration of Customs、The State Administration of Taxation issued the "Announcement on 188bet app Shopping Policies for Visitors from Hainan Islands"，Clearly “the 188bet app shopping limit for outlying island tourists is NT0,000 per person per year，No limit；Expand the types of 188bet app goods，Add 7 categories of consumer-favored products including electronic consumer products；Limited cosmetics only、Single purchase quantity of mobile phones and alcoholic beverages；Passengers purchase goods exceeding the 188bet app limit、Limited portion，Collect import tax on imported items according to regulations；Business entities with 188bet app product distribution qualifications can participate in 188bet app operations on Hainan outlying islands in accordance with regulations”。

China International 188bet app Service Co., Ltd., which already had a tax-free license, took action after hearing the news，It changed its name to China Tourism Group China Duty Free Co., Ltd. on June 11，The securities abbreviation was changed from China International 188bet app Service to China Duty Free。The purpose is to highlight the keyword duty-free goods。its announcement，"To meet the company's business development needs，Highlight the company’s tax-free main business features，Improve company brand recognition。”

Also，China Duty Free also acquired a 51% stake in Hainan Duty Free Products Co., Ltd. held by its controlling shareholder China 188bet app Group Co., Ltd.。

In fact，The duty-free goods business has become the absolute main business of 188bet app，188bet app’s duty-free business revenue reached 458 in 2019.1.8 billion yuan，The proportion of operating income is 95.52%。

Some cultural and 188bet app companies that do not have tax-free licenses have also made preparations。

Early this year，Uxin 188bet app announced the signing of the "China Duty Free Group and Uxin 188bet app Strategic Cooperation Framework Agreement" with China Duty Free (Group) Co., Ltd. (hereinafter referred to as "China Duty Free Group")，Jointly develop domestic and overseas 188bet app retail business。Zhongxin 188bet app Name，Will "invest in duty-free shops through joint investment"、188bet app shopping, retail stores, etc.，Build China’s world-class 188bet app retail project with global competitiveness”。

CDF Group is a wholly-owned subsidiary of China Duty Free Group，Cooperation between Uoxin 188bet app and China Duty Free Group，Just to catch a ride on the duty-free business。

Caesar 188bet app entered the duty-free business earlier.

Back in June 2019，Caesar 188bet app has already reached cooperation with China Service，Invested in Tianjin International Cruise Home Port Entry Duty Free Shop；November 2019，Caesar 188bet app established Hainan Tongsheng Shijia Duty Free Group Co., Ltd.，Used to purchase Jiangsu Zhongfu Duty Free Products Co., Ltd. held by Beijing Secoo Trading Co., Ltd.。

Hainan’s new 188bet app shopping policy will be implemented from July 1st，July 14，The State Council Information Office held a press conference in Beijing，Spokesperson of the General Administration of Customs、Li Kuiwen, Director of the Department of Statistical Analysis, announced the relevant situation，According to statistics from the General Administration of Customs，July 1st to 7th，Visitors from outlying islands purchased 6 items in total.50,000 people，Total shopping amount 4.500 million yuan，Tax-free 65.71 million yuan，The average daily tax exemption is 9.39 million yuan，Average daily increase of 58 compared with the first half of the year.2%，Daily shopping tourists have stabilized at around 10,000，Daily shopping volume between 60 million and 70 million yuan，The top three purchased products are cosmetics、Perfume and Jewelry。The top three cosmetics products by purchase amount、Jewelry and Watches，Total accounted for 77 of total shopping.2%。

*Source of this article：188bet app Times,Author: Li Future, original title:《Focus on culture and 188bet app》.