VapeEZ Secures Multi-Million RMB Financing from Shunhao Shares

According to news from the investment and financing community, Shenzhen Meizhonglian Technology Co., Ltd. (VapeEZ TECHNOLOGY LTD), which focuses on the electronic cigarette technology manufacturing industry, has secured Pre-A round financing from Shunhao Shares in June 2019, amounting to several tens of millions of RMB.
 
Meizhonglian Technology Co., Ltd. is committed to providing solutions for small vaping products and becoming an industry capacity expert. Its predecessor was the Sino-American joint venture Shenzhen Meizhonglian International Trade Co., Ltd. (AMERICAN WHOLESALE VAPOR LTD), which serves as a distribution channel for most electronic cigarette retail stores in the central United States. With its strong market foundation, Meizhonglian International Trade Co., Ltd. has consistently ranked among the industry's top performers.

Since 2016, the company has transformed from its original model to a technology manufacturing company integrating R&D, marketing, and sales, officially changing its name to Shenzhen Meizhonglian Technology Co., Ltd. (VapeEZ TECHNOLOGY LTD). To date, it has provided professional services to over 3,000 domestic and international clients, mastering deep channel and user resources. Given its deep understanding of market trends and users, along with the strong backing of a publicly listed company, Meizhonglian Technology Co., Ltd. has also launched the electronic cigarette brand JUSTVAPE and the CBD technology brand SUPCELL, which have already received enthusiastic responses from distributors even before their official release.

In fact, most domestic electronic cigarette factories have faced quality issues with core heating element technologies, coupled with varying levels of professionalism among service providers, making it difficult for quality products to emerge and for industry service providers to specialize, which has hindered the progress of brand owners.

To effectively address these pain points, Meizhonglian has made breakthroughs in two areas:

1. Technology Upgrade:

The first-generation SUPCELL ceramic technology launched in 2018 quickly gained significant attention after its release in the U.S.;

The flat atomizer for electronic cigarettes was the first to introduce a patented technology for 2 years of storage without oil leakage, solving the industry's biggest pain point! In terms of CBD-related technology, it has established deep cooperation with a U.S. listed company, leading the automation process in the industry.

2. Service Upgrade

Since November 2018, all personnel responsible for liaising with VapeEZ clients are professional and efficient electronic cigarette practitioners, and the team members are young and energetic.

"VapeEZ hopes to become a respected enterprise, allowing all clients we serve to amplify their value through us," said VapeEZ CEO Shi Jinglian.
  (CEO Shi Jinglian)

Since entering the industry after graduating in 2008, Shi Jinglian has experienced the ups and downs of this industry, embodying the tenacity of his nickname "Stone" given by friends. During 2014-2015, Shi Jinglian served as the marketing director and deputy director of the R&D department at the joint venture Shenzhen Green New Feng under Shunhao Group and Dongfeng Shares. Coincidentally, his former employer, Shunhao Shares, has been actively laying out the entire industrial chain of industrial hemp in recent years. After conducting comprehensive research on VapeEZ and considering its accumulated advantages in technology and market, it is bound to help Shunhao Shares become a leader in the entire CBD industry chain. Given his understanding of Shi Jinglian's character during his tenure, the entire financing process went very smoothly.

Shi Jinglian revealed: "The investment funds from Shunhao Shares in VapeEZ will focus on automation investments in GMP production workshops and the R&D of heating element technologies. Through this win-win financing plan, both the investors and I are confident that within two years, VapeEZ will rank among the top three in the segmented fields of CBD and small vaping products, with the highest level of professionalism in the industry.