Sixfold Growth and RMB 30 Million in Half-Year Profit: Is a Standout Vaping Company Emerging?

Expanding overseas markets is also so beautiful.

This may be the first half-year annual report of electronic atomization-related companies released?

Recently, I learned news that due to the multi-channel business layout,e-cigarettesThe net profit of Xiaosong shares in the first half of the year was expected to increase by 618% to 747%, and the increase in electronic atomization sales was one of the reasons.

It is reported that in July, it released its semi-annual results forecast for 2023. During the reporting period, the company expects to achieve a net profit attributable to shareholders of listed companies of 28 million yuan to 33 million yuan, a year-on-year increase of 618.21% to 746.46%. It said that in the first half of the year, the company actively took countermeasures, continued to expand domestic and overseas markets, continuously promoted brand work, and carried out multi-channel business layout. The company's sales of health home appliances and e-cigarettes increased.

(In the first half of the year, it was still amazing)

(Business growth)

In addition to overseas business, it also said that as more and more e-cigarette users gradually switch to national standard products, the company's investmentbodeThe company's e-cigarette sales are gradually growing. It is also reported that Xiaosong Co., Ltd. has successively launched a series of electronic atomization and other categories to the European market.

It has established a marketing network covering more than 120 countries and regions around the world, continues to extend upstream and downstream and improve the layout of the e-cigarette industry chain, actively promotes the healthy and sustainable large-scale development of the e-cigarette business, especially in emerging market demand, promotes popular products, and enhances overseas business With the profitability level, five Amazon online sales platforms including the United States, Germany, and Japan have been added. In May, it also stated that it had received orders from customers from many countries including Azerbaijan, Russia, Japan, Indonesia, France, Mexico, the United Kingdom, United Arab Emirates, and Malaysia. At present, it has a layout in nicotine for e-cigarettes, aerosols, production/generation processing, and brand holding. Also with Malaysia in Februarye-cigarette companiesCooperation was reached, with a total contract value of more than 30 million yuan.

This may be just a "microcosm" of an enterprise that enhances its overseas market layout. In the context of globalization, the electronic atomization industry with a strong supply chain is also competing globally for brand say!

China's GDP growth in half a year is only about 5% year-on-year, but a company whose half-year growth rate exceeds 600% profit growth is worthy of attention.

E-cigarette exports are about to sign an order!

On July 23, it was reported that Rundu Pharmaceutical (Jingmen) Co., Ltd.(hereinafter referred to as: Rundu Jingmen Company), a wholly-owned subsidiary of Rundu Co., Ltd., recently received the "Tobacco Monopoly Production Enterprise License" issued by the State Tobacco Monopoly Administration "(nicotine production enterprise for e-cigarettes). The scope of license (e-cigarette nicotine production enterprise) is: production of e-cigarette nicotine (domestic sales); production of e-cigarette nicotine (export). This administrative licensing matter means that the e-cigarette nicotine produced by Rundu Jingmen Company has Legal qualifications for domestic sales and export. Rundu shares said that it is gradually forming commercialization and signing orders. Rundu Co., Ltd. stated that it will actively explore markets and expand sales share in accordance with local market access mechanisms. At present, the quality of nicotine used in e-cigarettes by Rundu Jingmen Company has been recognized by customers and has formed commercial sales or signed orders.

Its synthetic nicotine can be used in many fields such as medicine, pesticides, and e-cigarettes (overseas).

Source: Interface News  

Geekvape won the award!& nbsp;     

July 23 news, from around the worlde-cigarette industryIt has been more than two months since we gathered at the National Convention Center in Birmingham to participate in the 8th Annual Vapouround Global Awards, andGeekvapeHe also accepted the award as this year's industry leader!

At present, Geekvape is highly visible in the European market. Whether it is in the UK market or other European countries, it is fully visible in some large-scale exhibitions and deserves attention.

Source: Atomized New Forces Synthesis

Winho Technology's share price has risen for three consecutive days!& nbsp;     

On July 23, it was reported that against the background of optimistic overseas markets, the stock price of e-cigarette related concepts has recently risen. According to news from the financial community, in July, intraday changes in the e-cigarette sector rose, with Winho Technology rising 10%, and Jinlong Electromechanical rising more than 6%.#p#paginated title #e#jinjiaShares, Xiaosong Shares, Shunhao Shares, Jincheng Pharmaceutical, etc. followed suit. Among them, Winhe Technology has risen by more than 30% for three consecutive days. Regarding the stock price rise, SKE parent company Winhe Technology said that the company's operations have not undergone major changes.

In the news, Debon Securities pointed out that it is optimistic that e-cigarette sales will increase by nearly 50% in three years, a one-time increase.e-cigarette marketIt is experiencing explosive growth, with more than half of the U.S. disposable e-cigarette market share, and the industry structure is undergoing reshaping.

Source: Financial community

Can the first batch of 3 billion yuan a nicotine manufacturer expand its production scale?& nbsp;     

On July 23, it was reported that Jincheng Pharmaceutical, which recently had a revenue of 3 billion yuan, announced that it had obtained a new tobacco monopoly license. The important thing is that it has increased its export business and expanded its production scale and exports.

It is reported that the newly issued "Tobacco Monopoly Production Enterprise License" changes the relevant contents of the original license, allowing Jincheng Pharmaceutical to engage in the domestic sales and export of nicotine for e-cigarettes in accordance with the law. The production scale will not exceed the National Tobacco Monopoly Bureau. The validity period of the data approved by the Bureau is extended to June 30, 2025. Further, after receiving the new license, Jincheng Pharmaceutical can expand production according to the newly approved production scale by the State Tobacco Monopoly Administration. On the other hand, the company can also carry out export business of nicotine for e-cigarettes in accordance with the law and explore foreign markets. The overseas market is vast. In the first quarter of this year, Simmore International contributed approximately 2.512 billion yuan in revenue from overseas markets, a year-on-year increase of approximately 58.2%. Most companies or companies that have not yet obtained licenses need to go abroad if they want to maintain production and operations at this stage. Today, Jincheng Pharmaceutical has also won tickets to enter overseas markets and will face greater market and competition.

Source: Atomized New Forces Synthesis

A large number of China companies have added e-cigarettes!

On July 23, it was reported that recently, six companies including Jincheng Pharmaceutical, Haopeng Technology, ST Tongzhou, Zhongrong, Zhongke Information, and Xinlong Holdings have added the concept of e-cigarettes.

Among them, Haopeng Technology's small polymer soft-pack lithium-ion batteries are mainly used in fields such as wearable devices and e-cigarettes. ST Tongzhou Holding subsidiary Dongguan city Tongtai Micro Technology Co., Ltd. focuses on e-cigarette chips,microphone, design and research and development of the plan.

Source: Securities Network

Xiwu is available on Shenzhen and other platforms!

July 23 news, recentlyfogA tweet posted on the official public account mentioned: Starting from November 18, 2022, Xifog national standard products will be launched and officially sold on the national unified e-cigarette trading management platform. As of today, happy fog has been and will soon be in Shenzhen, Hubei, Heilongjiang, and Guangdong. Sichuan, Chongqing, and Hunan (in no particular order) and other 20 provincial tobacco units manage regional markets for sale. At the same time, we are also communicating and negotiating with provincial tobacco units that have not yet introduced Xifogu national standard products, striving to quickly achieve nationwide coverage.

Previously, the official public account of Xiwu had not released any news for a long time. The last official public account update dates back to the release on December 26, 2022Wuling Technology: Obtained the Tobacco Monopoly Production Enterprise License (e-cigarette brandsHolding a company)."

Source: Atomized New Forces Synthesis

Platinum's performance is growing!

On July 23, Xiaosong Co., Ltd. recently stated that the sales of e-cigarettes of Bode Company, in which the company invests, are gradually increasing.

He was asked by investors, what are the sales of e-cigarettes in Shenzhen Platinum, which our company invests in? Xiaosong Co., Ltd. said on the investor interaction platform that as more and more e-cigarette users gradually switch to national standard products, the sales of e-cigarettes of Bode Company, which the company invests in, are gradually increasing.

Source: Oriental Fortune Network

The core components of Yingqu Technology's e-cigarette have been mass-produced!

July 23 news, recentlyyingqu technologySaid that the core components of e-cigarettes have been mass-produced. But not once.

However, Yingqu Technology said that the company mainly provides customers withHeating does not burn #p#pagination title #e#e-cigarette productsR & D and manufacturing, etc. It is reported that Yingqu Technology produces IQOS widgets for Philip Morris International (PMI).

Source: Overseas Network

Will the UK ban one-off?

On July 23, local councils in England and Wales recently stated that disposable e-cigarettes will cause environmental pollution and fire hazards, and are too attractive to minors. 1.3 million disposable e-cigarettes are discarded every week. It is hoped that disposable e-cigarettes will be completely banned by 2024. As the European Union plans to ban disposable e-cigarettes in 2026, France will implement the ban in December this year, there is a risk that market closures will cause disposable e-cigarettes to flood the UK.

It is worth noting that relevant reports once again mentioned ELFBAR and Lost Mary, pointing out that the two major brands accounted for more than half of the nearly 300 million e-cigarettes sold in the UK last year, and sales increased by more than 4 times compared with the previous year., occupying an important position in the UK market. In response, ELFBAR responded that issues such as the recycling of e-cigarette products and the provision of e-cigarette products for the UK's free e-cigarette program 'Swap to Stop' were discussed, thereby helping the British government achieve its smoke-free goal.

Source: Overseas Network

A large number of unmarked e-cigarettes in Russia were investigated!

On July 23, according to the Kemerovo Customs Information Service recently, the Kemerovo Customs Tomsk Service Office, in conjunction with the Security Bureau and the Traffic Police, seized a large number of unmarked e-cigarettes. The total number of this batch of e-cigarettes exceeds 7000 and is worth more than 6.5 million rubles.

According to preliminary information from the investigation department, offenders have established an international e-cigarette supply channel, and a large number of illegally imported unmarked e-cigarettes are shipped from China to Russia. The cigarettes were then sent to retail stores in the Tomsk region. The maximum penalty is 12 years in prison. Involved Premium Bar.

Source: Overseas Network

BAT plans to launch VUSE in South Korea!

July 23 news, British American Tobacco (BAT) recently plans to introduce its product VUSE to the Korean market in mid-July.

It is reported that VUSE is an e-cigarette brand launched by Renault Tobacco in 2013. After British American Tobacco (BAT) acquired Renault Tobacco (RJ) in 2017, it integrated this atomized e-cigarette brand into its own group business. However, as a South Korean subsidiary of BAT, it has not launched this aerosol e-cigarette brand in the Korean market. Previously, KT G launched the e-cigarette product Lil Vapor in May 2019, but stopped selling it the following year.&"" It once accounted for more than 70% of the US e-cigarette marketJUULIt also withdrew only one year after entering the Korean market in 2020. According to data from market research firm EuroMonitor, BAT's share of heated tobacco products in South Korea in 2022 will be 11%, ranking third behind KT G (49%) and Philip Morris (PMI)(40%).

Source: South Korea Economic News Report

Spain calls for equal treatment of e-cigarettes (with and without nicotine)!

On July 23, the Spanish National Tobacco Control Commission (CNPT) recently reported that the CNPT called for support for urgent and necessary measures to combat tobacco crimes. In a manifesto to all political parties, the CNPT required that the new government approve a comprehensive Smoking Prevention and Control Plan (PIT) within its first 100 days in office to achieve the goal of a smoke-free society by 2030. Currently, the smoking rate in Spain is close to 20%, and the goal of the declaration is to reduce the smoking rate to 5%. The plan was unanimously approved by the medical community, but was suddenly shelved in legislation in this administration. CNPT believes that PIT should also serve as the basis for updating the tobacco law, and the new session should also promote this work.

The main measures proposed by the CNPT include: treating e-cigarettes (with and without nicotine) on an equal footing with traditional cigarettes in all aspects; expanding the scope of smoke-free areas to include beaches, swimming pools, public and private transportation, areas around schools, parks and hospitals, sports venues, and complex areas.huashangIndustrial neighborhoods, etc.; reduce the number of tobacco shops by half and eliminate the possibility of vending machines in hotels, gas stations, convenience stores and other places to sell tobacco and new forms of tobacco products.# p#pagination title #e#

Source: Overseas Network

Brookfield, USA limits the number of independent cigarette/e-cigarette stores in commercial districts!

July 23, the Brookfield Village Council in the United States is expected to approve changes to its zoning regulations on July 24 to limit the number of independent cigarette/e-cigarette stores in commercial districts.

Since 2021, three such stores have opened, two of which are located on Ogden Avenue, just a few blocks away from each other. Regulation amendments recommended by the Brookfield Planning and Zoning Board last month would make it more difficult to open a cigarette/e-cigarette store in Brookfield than to open a liquor store. The Planning and Zoning Board voted 5 - 0 to recommend that smoke/e-cigarette stores be at least 3,000 feet away from each other and 1,000 feet away from any school or day care facility. It also limits such stores to the business districts of 31st Street, Octagon and Ogden Avenue and the industrial district of 47th Street. Cigarette shops/e-cigarette shops will no longer be allowed in any zoning of the station area, such as the Grand Avenue/Prairie Avenue area, which has owned a cigarette shop/e-cigarette shop for many years and was the site of other cigarette shops in the past.

Source: Overseas Network

The Russian Ministry of Health will announce the list of e-cigarette flavoring additives before September 1!

July 23 news, the Russian Ministry of Health recently plans to develop e-cigarettes before September 1smoke oilList of seasoning additives prohibited in.

On April 11 this year, the Russian State Duma passed a law aimed at banning certain e-cigarette oil flavoring additives. According to the explanation of Maxim Topilin, chairman of the State Duma Economic Policy Committee, the corresponding ban list should be approved before September 1. Recently, at the plenary session of the State Duma, Health Minister Mikhail Murashko was questioned: "How does the government plan to implement this regulation (list of flavoring additives)? After all, September 1st is coming soon." In response, Mikhail thanked the State Duma for the law passed, adding that efforts must continue to combat smoking. He said that by September 1, the list will be announced.

Source: Overseas Network

The United States consumes more than 20 million e-cigarettes a month!

July 23 news, recent data, according to the US CDC data, the sales of e-cigarettes in the United States increased from 15.5 million in January 2020 to 22.7 million in December 2022, an increase of nearly 50% in three years, and one-time sales exceeded replacement.

According to data from the United States (CDC), the total number of e-cigarette brands in the United States continues to grow. From January 2020 to December 2022, the total number of e-cigarette brands in the U.S. market increased by 46.2%, from 184 to 269. In terms of sales, data shows that from May 2022 to December 2022, total sales of e-cigarettes in the United States fell by 12.3%, but compared with the beginning of 2020, sales are still millions of dollars higher. The CDC attributed the decline in sales to multiple factors, including the health department's efforts to regulate e-cigarette sales, and other factors such as the "surge in single-use e-cigarettes." At the same time, this data is limited to the sales performance of traditional brick-and-mortar retailers. Maybe sales did not actually decline, but shifted to other channels, such as online orders and e-cigarette specialty stores that were not included in the company's sales data.

Source: Overseas Network

The British Health Council calls for restrictions on disposable e-cigarettes!

On July 23, the British Health and Social Care Commission recently urged the government to restrict the packaging and marketing of disposable e-cigarettes in response to the "worrying trend" of children using these addictive products. The committee said restrictions should be placed on the sale of e-cigarettes, consistent with restrictions applicable to tobacco products.

Disposable e-cigarettes have become extremely popular recently. Since 2021, the proportion of young people aged 11 to 18 who use e-cigarettes (7.6%) has exceeded the proportion of cigarettes (3.6%). Lawmakers have called for a review of trade standards enforcement powers to prevent e-cigarettes from being sold to children. They also urged the government to assess the impact of imposing a consumption tax on disposable e-cigarettes to curb the import of illegal products.

Source: Overseas Network

Are there more e-cigarette shops than pharmacies in New Zealand?

July 23, the latest research shows that the number of e-cigarette shops in New Zealand far exceeds that of KFC and McDonald's chains. Currently, professional e-cigarette retailers have four times more stores than McDonald's and KFC, and also more than the number of community pharmacies across the country. Since that study, the number of professional e-cigarette shops has almost doubled.

#p#Pagination Title #e#

At present, the New Zealand Electronic Cigarette Regulatory Authority has approved applications from 671 professional electronic cigarette shops. By the end of March this year, 534 more applications had been approved. A growing number of small retailers, often dairy store owners.

Source: Otago Daily Times

Philip Morris International IQOS sales increase sharply in Europe!

On July 23, Philip Morris International (NYSE:PM) recently introduced its results for the second quarter of 2023 and the first half of 2023.

Data showed that PMI net income increased by 19.0% year-on-year. Adjusted net income on a real basis (including Swedish Match in all periods) increased by 11.1% year-on-year. Net income from combustible tobacco increased by 6.0%; on an organic basis, it increased by 7.4%, mainly driven by pricing exceeding 9%. HTU's market share in the IQOS market increased by 1.6 percentage points to 9.2%. Adjusted intra-market sales of HTU, excluding the favorable impact of dealer and wholesaler inventory adjustments, are expected to increase by 16%. As of the end of the quarter, the total number of IQOS users was approximately 27.2 million (an increase of 1.4 million from March 2023), of which approximately 19.4 million have switched to IQOS and quit smoking. PMI said the continued growth of IQOS users stems from its success in the European market.

Source: Overseas Network