Collected 100 Million Yuan in Dividends: China's Vaping Industry's "Manufacturing Power" Is Astonish
It's already July, look at ite-cigarette industryWhat's new?
Recently, I noticed a piece of news that a battery company receivede-cigarettesThe giant's dividends of more than 100 million yuan are enviable.
It is reported that this company is Yiwei Lithium Energy. What is interesting is that Yiwei Lithium Energy is also a battery new energy giant with a market value of over 100 billion yuan. It recently stated that EBIL, a wholly-owned company of Yiwei Lithium Energy, has received a cash dividend of HK$152 million from its shareholding company Simmore International.
It is understood that Yiwei Lithium Energy, a company listed on the Shenzhen Stock Exchange, issued an announcement stating that the company's wholly-owned grandson, EVE BATTERY INVESTMENT LTD (EBIL), holds 1.901 billion shares of Simmore International and is expected to receive a cash dividend of HK$152 million. As of the date of this announcement, EBIL has received the cash dividend of HK$152 million. nbsp;
(E-cigarette dividends are enviable)
It can also be seen from the information that Yiwei Lithium holds more than 1.9 billion shares of Simmore, ande-cigarette companies"Deep bundling" can be said to be a "strong alliance".
The news also shows that Simmore International had previously listed as the "No. 1 share of e-cigarettes", which once caused Liu Jincheng, founder of Yiwei Lithium Energy, to exceed 74 billion yuan.
At present, Yiwei Lithium holds shares in Simmore International, accounting for approximately 32.44% of Simmore International's issued share capital. The data also shows that Simmore International's net profit in 2022 will be 2.51 billion yuan, compared with 5.287 billion yuan in 2021. Although profits decline, it still maintains profits on investment. From batteries, mobile phones, headphones, Bluetooth to e-cigarettes, Yiwei Lithium Energy also interprets the myth of the investment world. In fact, Yiwei Lithium, which is good at discovering air outlets, has targeted e-cigarettes several years ago. In March 2014, Yiwei Lithium Energy announced a large purchase of 439 million yuan.McQuay"50.1% equity. I remember that before the acquisition, McWeir's annual revenue in 2012 was only 5.1627 million, but in 2013 it was already 167.9 million. During the period, the focus was that in 2012, there was only a profit of 42,800, but the net profit in 2013 was already 31.7472 million, and the profit in 2014 exceeded 100 million. Later, the two sides jointly studiede-cigarette market, do a good job in making the e-cigarette industry chain bigger and stronger. In the early days, McQuail also began to take over from the United Statese-cigarette brandsNJOY and Logic's orders are gradually increasing.
(The wealth-making myth of investment in the battery industry is bound to move to a new stage)
It can be seen that as the supply chain position of China's e-cigarette industry is increasingly consolidated and strengthened, domestic giant manufacturing companies have joined forces to jointly develop the e-cigarette business, naturally including the biggest cake at present, which is the "international market cake"!
Of course, as e-cigarettes mature in the sea, they have also moved from manufacturing to brand competition, from attacking Europe and the United States to attacking the world, including Europe, the Middle East, Eastern Europe, Southeast Asia and other markets.
the onlye-cigarette enterprisesListed headquarters companies!
July 2 news, recently, the Shenzhen Municipal Bureau of Commerce released the city's 2023 trade-oriented headquarters enterprise identification list (the first batch). Among them,Love miracles(Shenzhen) Innovation Technology Co., Ltd. is the only e-cigarette company on the list.
On the list, all are giant companies, such as Zhengwei Industrial, Wentai Technology, Chuanyin Holdings, etc. This time, there are 32 companies in the first batch of trade-oriented headquarters enterprises identification list in 2023, which means that special support will be received.# p#pagination title #e#
Source: Atomized New Forces Synthesis
Rhine Biotech subscribes for $35 million in Ispire shares
On July 2, Rhine Biotech recently announced that subsidiary Holding used its own funds of approximately US$3.5 million to participate in the subscription of 490759 shares of Ispire's private placement of ordinary shares with unlimited sales conditions, at a subscription price of US$7.1318/share. As of now, Ispire's private placement has been completed, and Rhein Biotech holds a total of 705044 shares of Ispire.
On February 20, 2023, Rheinland Biotech and its subsidiaries used no more than 50 million yuan (RMB) of their own funds for securities investment. On April 4, 2023 (US time), Holding, a wholly-owned subsidiary of Rheinland Biotech, used its own funds of approximately US$1.5 million to allocate 214285 Ispire initial public offering of shares on the NASDAQ Stock Exchange in the United States, at an issue price of US$7.00/share. Ispire is an emerging growth company registered in the United States, mainly engaged inBrand electronic cigarettesResearch and development, design and sales of atomization products.
Source: Overseas Network
IVG's "four bombs at one time" is originally plagiarism?
July 2 news, recently, the founder of Happy Vibes said: IVG copied us. It can be clear that Happy Vibes 'related product Twist was released much earlier than the IVG 2400. It said that the IVG2400 is not really the "first compliant one-time bill." It is reported that Happy Vibes will officially launch Twist on December 7, 2022. The press release clearly describes Twist's product features: built-in 4 differentthe cartridge, you can switch flavors by rotating, and emphasized that this is the first product to achieve this function under the premise of legal compliance: "This is only for export. Copying products imported in the UK will face the same risks and even be solved." Happy Vibes analyzed: "In addition, relevant regulatory agencies have always encouraged innovation and attached importance to intellectual property protection. Once the "fraud" is confirmed, it is very likely to affect the renewal of the license of the licensed company, and the OEM company will definitely not lose the big because of small things." According to Happy Vibes, Happy Vibes 'lawyers are making preliminary preparations. Even if it is not from the perspective of intellectual property rights, the plagiarism may be suspected of violating the anti-unfair competition law-in other words, the plagiarism may be difficult to sell normally as expected.
It is reported that Happy Vibes has applied for as many as 12 patents, including the core patent of "a multi-oil-bin rotatable e-cigarette." According to Owen Guo, if you continue to adopt this rotary design, you must "step on the pit" like Happy Vibes, but the corresponding solutions have been protected by patents. The ins and outs of "the UK's first compliant 2400 one-off" are now clear.& nbsp;
Source: Overseas Network
25,000 e-cigarettes disguised as "makeup changes" were investigated in Turkey!
On July 2, it was reported that Turkish customs recently seized 25,000 smuggled items at Istanbul's Sabiha Gokcen Airporte-cigarette products, valued at 2.5 million Turkish lira (approximately RMB 710,000).
After preliminary investigation, it was learned that these products were marked as "cosmetic care products" when customs declaration, but customs scanning found that the boxes containing these products had suspicious densities. During further customs inspection, it was found that the boxes were filled with e-cigarette products. Currently, relevant Turkish authorities are investigating this incident.
Source: Overseas Network
Belarus implements e-cigarettes from July #p#pagination title #e#smoke oilTrade licensing system!
On July 2, the Belarusian tax and collection department revealed that starting from July 1, the sales of smokeless nicotine products and e-cigarette liquid will require a license.
According to the provisions of the Licensing Law of Belarus, starting from January 1, 2023, license management will be required for the retail business of smokeless nicotine products and e-cigarettes and liquids. In order to ensure that operators can obtain licenses, transitional provisions have been established so that commercial entities can obtain licenses in sufficient time. Those who have already retailed these items on January 1, 2023 can continue retailing until July 1 without a license. In order to continue to sell these goods in the future, commercial entities need to obtain retail trade licenses. If you have held a license that includes "retail of tobacco products" services before January 1, 2023 and have sold smokeless nicotine products and e-cigarette liquid, then the operator can continue to conduct this business. According to the transitional period regulations, as of July 1, 2023, operators must submit a notice of the ④ MAR form to the licensing authority in accordance with the regulations. If a license has not been obtained, they must apply as soon as possible. The Belarusian tax and collection department stressed that after July 1, operators who do not comply with regulations will be banned from retailing smokeless nicotine products and e-cigarette liquid.
Source: Overseas Network
Illegal e-cigarettes in Australia reach 80%!
On July 2, the recent four-day Global Nicotine Forum 2023 (GFN23) was held at the Marriott Hotel in Warsaw, Poland. The theme of this forum is "Reducing Tobacco Harm-The Next Decade." The forum attracted senior practitioners, scientists and scholars from international tobacco companies, well-known international universities, non-profit organizations and research institutions. As the official cooperative media of GFN23, Two Supremes participated in and reported on the agenda of important meetings of the forum.
Dr. Carolyn Beaumont, Australia's general practitioner and founder of MedicalNicotine, delivered a speech at the 2023 Global Nicotine Forum (GFN) to discuss the consequences of Australia's ban on over-the-counter e-cigarettes. After Australia implemented a prescription e-cigarette system, it failed to ban the use of non-prescription e-cigarettes. In places densely populated by teenagers, such as music festival venues, the illegal use of disposable e-cigarettes by teenagers is very serious. Beaumont pointed out: "E-cigarettes are everywhere in music festivals, mainly because of participants and young people under the age of 21." The vast majority of this group buy disposable e-cigarettes on the black market, a trend that is soaring in Australia. Because the products are officially illegal, festival participants keep them during the event and discard them after the event to avoid detection by security. Despite the ban, the illegal e-cigarette market in Australia is still booming. Dr Beaumont estimates that these illegal e-cigarettes account for 80 per cent of all e-cigarette use and almost 100 per cent of use among young people.
Source: Overseas Network
Malaysia's e-cigarette oil lacks warning labels!
On July 2, it was reported that Malaysia lacks specific regulations and regulatory measures to control e-cigarette products, which is worrying. In Malaysia, e-cigarette liquids that can be purchased lack clear information about nicotine content. Some products provide vague descriptions, omitting units such as mg, or provide numerical values without specifying their relationship to nicotine content.
In addition, online merchants fail to clearly specify nicotine levels, and some sellers only display numbers and labels in purchase options, without specifying nicotine concentration. These situations highlight the potential health risks that failure to comply with regulations and can pose to unsuspecting e-cigarette users, especially young people who may not be aware of the dangers of these substances.
Source: Overseas Network
Russia will be fined one million rubles if it produces e-cigarettes without the corresponding license!
On July 2, according to INTERFAX.RU, the Construction and Legislation Committee of the Russian State Duma passed a series of bills aimed at strengthening the supervision of the circulation and production of tobacco and nicotine-containing products.
#p#Pagination Title #e#
One of the bills (310899-8) stipulates that starting from March 1, 2024, producing or trading tobacco products, tobacco products, nicotine-containing products and related raw materials without corresponding licenses will face administrative liability. The bill also stipulates that the person directly responsible involved will be punished, and the person in charge will be fined between 150,000 and 300,000 rubles. As an alternative punishment, they can also be deprived of their business qualifications for 2 to 3 years and confiscated the products, commodities, equipment, raw materials, semi-finished products or other items used to manufacture the above products. According to the provisions of the bill, legal entities will be fined 300,000 to 1 million rubles, and their business activities can be suspended for 60 to 90 days at the same time. The bill also stipulates that individuals will be subject to an administrative fine of 3000 to 5000 rubles for major technical equipment used to produce tobacco products, tobacco products, nicotine-containing products and related raw materials that is not registered under the procedures prescribed by Russian law, and the main technical equipment will be confiscated; for personnel in office, the fine will range from 20,000 to 50,000 rubles, and relevant equipment will be confiscated at the same time; For legal entities, the fine ranges from 100,000 to 150,000 rubles, and relevant equipment is confiscated at the same time. In addition, the committee also passed a bill (310855-8) on Monday that stipulates that the production, supply, procurement, and storage of tobacco products, nicotine-containing products and related raw materials without corresponding licenses on a large scale will face criminal liability. Under the bill, violations are punishable by a fine of 500,000 to 1 million rubles, or up to three years in prison.
Source: Overseas Network
Canada requires manufacturers to release half-year sales data for e-cigarettes!
On July 2, the Canadian government recently announced the "E-Cigarette Product Reporting Regulations", requiring manufacturers to disclose information on the sales and ingredients of their e-cigarette products to the Ministry of Health Canada.
The regulations will take effect from the date of registration. Manufacturers of e-cigarette products must submit their initial sales reports within one month after the first full semi-annual reporting period after the regulation takes effect. For example, if registration takes place in June 2023, the first full semi-annual cycle will run from July 1 to December 31, 2023, and sales reports must be submitted on or before January 31, 2024. After the initial report, sales reports must be submitted semi-annually and must be submitted on or before the last day of the month following each semi-annual cycle. Any manufacturer who violates section 7.3(1) of the Tobacco and Electronic Cigarette Products Act commits an offence and is liable on summary conviction to a fine not exceeding $50,000 or imprisonment for a term not exceeding six months, or both. This means that Canada must have a "reporting" system for e-cigarettes in the future. Currently, Canada has also increased e-cigarette controls, such as prohibiting the promotion of e-cigarette products in places where young people can see them, requiring warnings about the risks of e-cigarettes to be displayed on advertisements and packaging labels, and limiting the concentration of nicotine in e-cigarette products. The second legislative review of the Tobacco and E-Cigarette Products Act is underway.
Source: Overseas Network
British American Tobacco spends 4 billion yuan to establish an e-cigarette innovation center in Italy!
On July 2, according to the official website of British American Tobacco (BAT), BAT's innovation center in Trieste, Italy officially opened. It is reported that this innovation center cost 500 million euros (about 4 billion yuan) and has laboratories, production offices, technical rooms and 12 new product production lines. It took five years to complete.
According to reports, the innovation center was completed within 21 months and was designed according to the latest sustainability standards. It uses 100% renewable energy and plans to obtain carbon neutrality certification in early 2024. The center has digital boutiques and innovation laboratories focusing on digital transformation, sustainable development and open innovation; photovoltaic arrays and bio-power plants will provide most of the building's energy needs, and the remaining energy will be purchased from certified sustainability suppliers. According to BAT estimates, this innovation center will create 2700 jobs, including 600 direct employment and 2100 indirect employment. British American Tobacco Italy has partnered with about 400 agricultural supply chain companies, employing more than 6000 people. Fabio De, CEO of British American Tobacco ItalyPetryFabio de Petris, CEO of the Trieste Innovation Center, said: "The completion of the Trieste Innovation Center marks an important milestone for BAT in its global innovation and sustainability strategy. I am proud that BAT has become the first company in the industry to promote its full range of new products."
Source: Overseas website #p#pagination title #e#
Dutch e-cigarette flavor ban postponed again!
On July 2, it was reported that the Dutch government decided to postpone the implementation of the e-cigarette flavor ban again, which will take effect on January 1, 2024. Previously, the Dutch government planned to ban all flavors of e-cigarettes except tobacco from October 1, 2023, but the time is now set three months later than the original plan.
The ever-extended "taste ban". The Dutch "taste ban" was announced as early as 2021, when the government planned to formally implement it on July 1, 2022. However, by June 2022, a government spokesperson said that some difficulties were encountered in implementing the taste ban and additional inspections were necessary to determine whether the seasoning ingredients used were truly safe. As a result, the time was postponed to January 1, 2023, and a 10-month window period (officially implemented on October 1) was set aside for the tobacco industry to digest existing flavored tobacco products.
Source: Overseas Network
Brazilian e-cigarettes with 2.2 million users are not far away from legal?!
On July 2, it was reported that Brazil's National Health Supervision Agency (Anvisa) recently planned to start a public consultation on e-cigarette regulation in the second half of this year, which may think that e-cigarettes are in the legal process. Currently, Brazil prohibits the sale, import and distribution of e-cigarettes, and violators of the regulations may face fines of up to 1.5 million reais (approximately 2.25 million yuan). During the public consultation period, social and economic parties involved in the issue will have time to submit opinions, suggestions and criticisms to the agency.
It is reported that research institute Ipec shows that the number of e-cigarette users in Brazil has increased from 500,000 to 2.2 million. In the capital Brasilia, 4% of the population already use e-cigarettes. BAT said it has plans to expand the factory to accommodate e-cigarette production, and will use imported components for e-cigarette assembly in the initial stage;PMI representatives said that if Brazil's National Health Supervision Agency lifts e-cigarettes,heating non-burningIf the product is banned, PMI will plan to build a new factory in Rio Grande do Sul (the southern Brazilian city).
Source: Overseas Network
Vietnam forcibly destroyed more than 5000 e-cigarettes!
July 2 news, it was recently reported that from January to June 2023, Ho Chi Minh City, Vietnam, seized 39 e-cigarette related violations, fined a total of VND 634 million (approximately RMB 195,000), forcibly destroyed 5043 e-cigarette products and accessories, seized 5403 products and accessories, and seized a total value of more than VND 974 million (approximately RMB 300,000).
According to the photos provided by the report, the seized products involved SMOK, GEEK VAPE,VOOPOOWait.
Source: According to Vietnam media congthuong
The number of e-cigarette brands available in the United States has tripled!
On July 2, according to sales data obtained by the Associated Press, since 2020, the number of e-cigarette devices on the U.S. market has almost doubled to more than 9000 types. This increase is mainly due to disposable e-cigarettes that are not authorized by the FDA.
Most disposable e-cigarette products are related to mainstream brands on the market, but hundreds of new products are launched every month. Companies copy designs from each other, blurring the line between authentic and counterfeit products. Brands can launch new products within weeks by sending their brand logos and taste requirements to China manufacturers. According to IRI,(2022), the U.S. e-cigarette retail market will be approximately US$7 billion, while disposable e-cigarettes account for approximately 40%. IRI conducts proprietary data analysis by collecting bar code scanner sales data from convenience stores, gas stations and other retailers. The data shows that there are currently more than 5,800 unique disposable e-cigarette products on the market, sold in multiple flavors and formulations, up 1500 percent from 365 at the beginning of 2020. At the time, the FDA effectively banned all flavors of replaceable e-cigarettes except menthol and tobacco, such asJUULThe accusation has triggered a nationwide surge in the use of e-cigarettes by minors. IRI data provides more insight, which shows that by the end of 2022, the number of e-cigarette brands in the United States has increased by nearly 50% to 269.# p#pagination title #e#
Source: Overseas Network
Starting in JulyJillGisstein bans the circulation of non-tax-compliant e-cigarettes andHNB！
On July 2, the Information Office of the State Taxation Administration of Kyrgyzstan recently issued a statement. According to the Cabinet resolution of February 22, 2022, starting from July 1, 2023, the State Taxation Administration of Kyrgyzstan will ban the circulation of goods not marked with consumption tax.
The following goods that are not marked with excise tax will be banned from circulation: beer (in bulk and packaging) classified under cargo code HS 2203; nicotine-containing tobacco fluid used in e-cigarettes (HS 2404); disposable e-cigarettes containing tobacco fluid (HS 2404); e-cigarettes and similar personal electronic atomizing equipment used to deliver nicotine (HS 8543 40 0000); heatable tobacco products (HS 2404). For goods that are not marked but need to be marked, if the consumption tax mark or identification mark is not printed on the goods and/or packaging during the production, import, introduction, storage and sales process, or if the regulations and/or rules on the use of identification marks are violated, but do not constitute a crime, a fine will be imposed. According to the provisions of the Code of Offences, individuals will be fined 20000 som (approximately RMB 1660), and legal persons will be fined 65000 som (approximately RMB 5400). Therefore, the State Taxation Administration of Kyrgyzstan reminds everyone that products must be marked in a timely manner in accordance with the above-mentioned cabinet resolution.
Source: Overseas Network
Britain found large sums and confiscated them directly!
On July 2, British Customs recently joined forces with the British Medicines and Health Products Administration (MHRA) to conduct a strict inspection of e-cigarette products at Heathrow Airport (LHR Airport). The insider said,"This inspection is very strict. If the investigation is found, it will be confiscated directly and there will be no chance to respond." It introduced that in March this year, MHRA and customs conducted a joint law enforcement at LHR Airport and seized many products.
According to previous reports, in the past three years, trade standards departments across the UK have seized more than 2.5 million illegal e-cigarettes. In Hillingdon, near Heathrow Airport, an important port of entry for illegal trade, law enforcement officials have seized more than 1.35 million e-cigarettes, an area that has been a focus for law enforcement. According to British law, only disposable e-cigarettes with a capacity of 2 milliliters (about 600 puffs) are allowed to be sold on the market, and any behavior exceeding this limit is illegal.
Source: Overseas Network
Ireland may increase e-cigarette license fees by at least 10 times!
On July 2, irishexaminer reported that Irish Health Minister Stephen Donnelly is considering setting a license fee of 500 euros/year for each e-cigarette retail store. This means e-cigarette retailers with multiple stores in the country will face paying thousands of euros a year.
However, under the current tobacco retailer system, the one-time registration fee is only 50 euros, and retailers can operate an unlimited number of e-cigarette retail stores at any time period. The new licensing system is expected to be implemented this fall. In addition, in addition to the price increase, permits can only be issued to owners who have been operating at the venue for at least 12 months, a move the government hopes will eliminate temporary stalls. The move will ban the sale of tobacco products and e-cigarettes at music festivals, and will also ban the sale of such products in vending machines.
Source: Overseas Network
The President of Kazakhstan has stated that he will take measures to crack down on e-cigarettes!
On July 2, Kazakhstan President Kasym Zhomart Tokayev recently talked about the use of e-cigarettes by young Kazakhstan at a national conference.# p#pagination title #e#
Tokayev emphasized that e-cigarettes have posed a "threat" to young people, and that Kazakhstan needs to take urgent systemic measures to combat this dangerous phenomenon. Another disaster that poses a threat to our national health is so-called e-cigarettes and various types of e-cigarettes. He said that these e-cigarettes have become popular among teenagers. This is mainly because they are widely available and advertised as harmless. "We need to take urgent systemic measures to combat this dangerous phenomenon, and bans alone will not help."
Source: Overseas Network
The American e-cigarette product newspaper "headphones" will be checked!
On July 2, it was reported that the U.S. Customs and Border Protection (CBP) was recently conducting a strict inspection of e-cigarette freight forwarders in Los Angeles, and hundreds of tons of e-cigarette products have been intercepted.
People familiar with the matter have the latest information on this matter. It revealed that the inspection is still in progress, and some of the intercepted products have been released after submitting declarations and paying taxes, while those in more serious situations are still waiting for customs inspection. The insider said that more serious situations include concealment and underreporting, such as "headphones" for e-cigarette products, or "zero-tariff" products, which were found to require fines and heavy taxes. The insider said that many domestic freight forwarders stopped flying to Los Angeles this week.
Source: Overseas Network
India adds e-cigarette ban restrictions!
July 2 news, although India has recently promulgated a ban on e-cigarettes in 2019, e-cigarettes are still easy to purchase online and in tobacco shops. Recently, the Indian Ministry of Health issued an announcement calling for stricter enforcement of the bill banning the production, sale and promotion of e-cigarettes.
Additional bans and restrictions. India's Prohibition of Electronic Cigarettes (Production, Manufacturing, Import, Export, Transport, Sales, Distribution, Storage and Advertising) Act came into effect in 2019. The Ministry of Health has instructed all manufacturers, manufacturers, importers and other companies not to directly or indirectly produce, manufacture, import, export, transport, sell, distribute or store e-cigarettes, whether complete products or any parts thereof. In a recent notice issued by the Ministry of Health, companies in all aspects are not allowed to advertise e-cigarettes or participate in advertisements that directly or indirectly promote the use of e-cigarettes. The ministry added in the announcement that violations of the production, manufacturing, import, export, transportation, sale (including online sales), distribution, storage and advertising of e-cigarettes are verifiable and will be punished under the statutory provisions of the bill.
Source: Overseas Network
Russia's e-cigarette law is moving from a prescription-oriented implementation!
On July 2, it was reported that the 26th "St. Petersburg International Economic Forum" was recently held at the St. Petersburg International Convention and Exhibition Center, Russia. Jointly discuss issues such as the regulatory direction, future challenges and solutions for the Russian tobacco and alcohol industry. Sergey Katasonov emphasized that a major focus of the tobacco market at present is new nicotine products, especially e-cigarette products. Currently, 90% of e-cigarettes on the Russian market are illegal products. He believes that the key to combating illegal nicotine products lies in strengthening regulatory measures.
He also mentioned the need to unify the tobacco consumption tax rate and emphasized that countries should maintain the stability of the tobacco consumption tax rate. For example, if Russia raises the tobacco consumption tax rate, other countries should also adjust the tax rate accordingly. If Russia reduces the tax rate, other countries should also limit the increase in tax rates to keep the tax rate at a stable level of 13%. Oleg Balvin, general manager of British American Tobacco (BAT) Russia, suggested that the government should first list tobacco as a national strategic material and implement a tracking and navigation system to prevent illegal products from entering the country illegally; secondly, it should include the retail network in supervision and adopt corresponding regulatory measures to prevent offline retail stores from "bypassing" national laws and regulations and continuing to sell illegal products.
Source: Overseas Network
