Megmeet: Vaping Is Less Harmful Than Traditional Cigarettes

On March 29, Megmeet, a company active in the heated tobacco sector, said on an investor interaction platform that both heated tobacco products and e-liquid vaping devices are widely regarded as safer and less harmful than traditional cigarettes.

The following is the exchange:

Investor question: According to some news reports, e-cigarettes are carcinogenic. Why is the company still researching related e-cigarette components, and what is the reasoning behind this?

Board Secretary's response (Megmeet SZ002851): The company has the relevant core technologies, so it is exploring entry into the e-cigarette sector. Whether heated tobacco products or e-liquid vaping devices, both are widely considered safer and less harmful than traditional cigarettes. Your statement is unfounded. Thank you.