On July 26, Vice President of CITS Co., Ltd., Chairman and GM of CDFG Peng Hui visited CDFG Hong Kong Co., Ltd. to inspect the ongoing work and give instructions as well as chairing the business meeting. Vice GM of CDFG Zhao Feng, GM of CDFG Hong Kong Co., Ltd. Fan Yuanchao, Vice GM Qiu Lin, GM of CDFG Cambodia Co., Ltd. Zhao Yuanzhao and related department heads of CDFG Hong Kong were present at the meeting.
During the meeting, Peng Hui instructed on the overall planning for overseas business development as he listened to the report on the overseas business development of CDFG Hong Kong. Concerned about the progress of city duty free shop project in Cambodia, he emphasized that the shop must be successfully launched in business by the end of 2014. He then held discussions with the teams of CDFG Hong Kong and CDFG Cambodia on practical issues including store leasing and design & decoration.
On July 27, Peng Hui and delegation conducted an on-site survey on retail businesses in Hong Kong including luxury retail, city duty free stores and outlets, accompanied by Vice GM of CDFG Zhao Feng and GM of CDFG Hong Kong Fan Yuanchao and Vice GM Qiu Lin, followed by talks with representatives of Symphony Holdings Limited whose main businesses include outlets and major commercial retail project development. During the meeting, Peng Hui expressed his interest in the development of downtown duty free stores and outlets in Hong Kong, and both sides discussed the feasibility of cooperation.