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Jinjia Group: Jinjia Indonesia's new tobacco business has started trial production, with capacity ra

Key point: On July 31, Jinjia Group responded to investor questions on an interaction platform, saying its new tobacco project in Indonesia has begun trial production and will enter a capacity ramp-up phase in the second half of the year.

On July 31, Jinjia Group replied to an investor on the investor interaction platform for listed companies. The original response was as follows:
Q: It is understood that over the past two months, the cigarette pack printing workshop has been very busy, and employees have been working extended overtime. Is the company expected to report a profit for the first half of the year? What is the actual production and sales situation of the vaping devices business?
A: Hello, and thank you for your attention to the company! At present, production at the company’s factories is busy and orderly. The license renewal procedures for the Tobacco Monopoly Production Enterprise Licenses held by the group’s subsidiaries Yunshuo Technology and Shenzhen Yunpu Xinghe have been successfully completed. In addition, Jinjia Indonesia’s new tobacco business has begun trial production, and in the second half of the year it will enter the stage of capacity ramp-up and yield improvement. For specific operating results, please refer to the company’s regular reports. Thank you!

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