Boton Group Supports HUOQI E-Cigarettes in Building a 3.3 Billion International-Class Vaping Industr

According to the latest reports, Dianbai District grandly held the “2018 Flavors and Fragrances Industry Forum and Signing Ceremony for the Boton (Dianbai) Flavors and Fragrances Industrial Park Project.” Entrepreneurs from the flavors and fragrances industry across the country gathered together to discuss development plans for Dianbai’s flavors and fragrances sector and to witness the signing of the Boton (Dianbai) Flavors and Fragrances Industrial Park project as it returned and settled in Dianbai, the company’s hometown. Chen Xiaofeng, Member of the Municipal Standing Committee, Secretary of the Dianbai District Committee, and Secretary of the Party Working Committee of Shuidong Bay New City, attended the event. Wang Mingfan, Chairman of the Board of China Flavors and Fragrances Group and President and Chairman of Boton Group, signed the agreement on behalf of Boton Group together with Hua Cui, District Mayor of Dianbai.

Boton Group has many years of experience cooperating with China Tobacco and holds a leading position domestically in tobacco flavorings and fragrances. It has now entered the e-cigarette sector through its HUOQI e-cigarette brand, and hopes to use the establishment of this industrial park to support HUOQI e-cigarettes in achieving substantial growth in the domestic market. Signing ceremony现场
Chen Xiaofeng, Member of the Municipal Standing Committee, Secretary of the Dianbai District Committee, and Secretary of the Party Working Committee of Shuidong Bay New City; Hua Cui, Deputy Secretary of the District Committee and District Mayor; Wang Mingfan, Chairman of the Board of China Flavors and Fragrances Group and President and Chairman of Boton Group; Pan Jiadong, Member of the Standing Committee of the Shenzhen CPPCC and Director of the Hong Kong, Macao, Taiwan, Overseas Chinese and Foreign Affairs Committee; as well as district leaders Yang Dexian, Yang Yuping, Chen Jianxiang, Chen Yibiao, and Liao Fuzhi, all attended the event. Officials from relevant municipal and district departments, bank representatives, entrepreneurs and delegates from the flavors and fragrances industry from Shanghai, Hainan, Jiangxi, Shenzhen, Guangzhou, Jiangmen, Yangjiang, and other places, along with guests from all sectors of society, also took part.

In his speech, Chen Xiaofeng pointed out that Dianbai is currently facing excellent development opportunities. Transportation infrastructure has achieved leapfrog development, public security has continued to improve, Party and government conduct has clearly improved, and service efficiency has been enhanced, creating an environment suitable for major development. Chen said that Dianbai would fully support the construction of the Boton (Dianbai) project and sincerely welcome entrepreneurs to invest and start businesses in Dianbai. The district would provide the most favorable investment environment and the highest-quality business attraction services, and would do a good job in supporting, serving, and assisting investors so that they can achieve better returns in Dianbai. Wang Mingfan, Chairman of the Board of China Flavors and Fragrances Group and President and Chairman of Boton Group
According to the introduction, Boton Group is a national high-tech enterprise with leading comprehensive strength in China’s flavors and fragrances industry, and it successfully listed on the Hong Kong Main Board in 2005. The Boton (Dianbai) Flavors and Fragrances Industrial Park project is invested in and built by Shenzhen Boton Group. It covers nearly 1,000 mu, with a total construction area of approximately 1.264 million square meters and a planned total investment of RMB 3.3 billion. The project will build two bases, aiming to create a world-class flavors and fragrances R&D and manufacturing center, a world-class e-cigarette manufacturing industrial park, and China’s top e-cigarette production base. Construction will be carried out in two phases, with each phase lasting three years, for a total construction period of six years. After completion, the project is expected to generate nearly RMB 20 billion in annual output value and provide more than 5,000 jobs. It is understood that Boton Group has already built and put into operation two e-cigarette production bases in Huizhou and Dongguan, and its current production scale is already among the domestic leaders.

It is also understood that flavors and fragrances, as a traditional competitive industry in Dianbai, are one of the district’s leading industrial sectors and hold an important position nationwide. At present, there are more than 30 flavors and fragrances manufacturing enterprises in the district, including leading companies such as Huachen Flavors, Changli Fragrance, and Deweisheng Technology. Among the more than 20 tobacco-specific flavor manufacturers designated by the State Tobacco Monopoly Administration, 16 are operated by people from Dianbai. Their production and output value rank first among counties and districts nationwide, and more than 20 companies have output values exceeding RMB 100 million. In recent years, Dianbai District has strengthened guidance for the flavors and fragrances industry, encouraged expansion through mergers and shareholding structures, promoted the introduction of talent and equipment, and advanced modern management models, with the goal of cultivating the flavors and fragrances industry into an intensive, modern, high-growth sector.