• Sino-Singapore Airport signed a duty-free franchise agreement covering Meilan Airport, running from July 20, 2026 to Feb. 7, 2033.
• Rights to operate duty-free sales in designated arrival areas start July 20, 2026; departure areas start Feb. 8, 2028.
• HNA Duty Free assumed the contract via a tripartite novation on Aug. 21, 2026, converting it into a continuing connected transaction.
• Franchise fees are monthly, set at the higher of a minimum guarantee or a sales-based fee.
• Annual caps total RMB 1.94 million for Aug. 21-Dec. 31, 2026, rising to RMB 37.61 million in 2032.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hainan Meilan International Airport Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12295250), on August 21, 2026, and is solely responsible for the information contained therein.