China Tourism Group Duty Free warns of stock volatility after price swings

China Tourism Group Duty Free Corporation Limited (CTGDF) announced its A-share stock experienced abnormal fluctuations, with a cumulative deviation of over 20% in closing prices over three consecutive trading days: November 7, 10, and 11, 2025. The company confirmed its routine operations remain normal and found no significant undisclosed events or risks affecting its stock price after self-inspection and inquiries with its controlling shareholder, China Tourism Group Limited.

CTGDF will host a 2025 Q3 earnings briefing on November 19, 2025, from 10:00 to 11:00 AM, accessible via the Shanghai Stock Exchange Roadshow Center. This online interactive session will provide investors with an opportunity to engage with company management regarding its Q3 2025 operating results and financial performance.

Investors can submit questions in advance from November 12 to November 18, 2025, and are encouraged to note the short-term volatility in the company's stock price. The company's primary disclosure media are *Securities Daily*, *Shanghai Securities News*, and the Shanghai Stock Exchange website.