Yiwu Vape Operator Jinyan Tech Fined RMB 10,000 for Illegal Advertising

On September 3, news reported that according to Qichacha, the Shenzhen Market Supervision Bureau's Nanshan branch imposed an administrative penalty of 10,000 yuan on Yiwu electronic cigarette operator Jinyan Technology in early August.
 
After investigation, it was found that the penalty was due to illegal advertising, but no further details are currently available.

Jinyan Technology is the operating entity of Yiwu electronic cigarette company and has previously received investment from Bopai Capital. In October last year, it also received investment from Shanghai Jingdongyu Investment Partnership, with the controlling entity being Hupu, and the largest investor in the partnership being the listed company Guireniao.