Overseas Vaping Factory of a RMB 10 Billion Company Has Also Begun Trial Production — Another Busy S

Is the season of booming production and sales here? Have you seized this opportunity?

Recently, Jinjia Co., with a market value of 10.1 billion, has clearly stated that its Indonesian subsidiary has begun trial production of new tobacco and will enter the capacity ramp-up and yield improvement phase in the second half of the year.

(The market always has opportunities; it depends on how to seize them.)

Recently, investors inquired about Jinjia Co., describing that "the production workshop has been busy for nearly two months, with employees working overtime. Can the performance in the first half of the year be profitable? What is the actual production and sales situation of e-cigarettes?" In response, they stated, "Currently, the company's factory is busy and orderly. The renewal of the 'Tobacco Monopoly Production Enterprise License' for its subsidiaries, Yunshuo Technology and Shenzhen Yunpu Xinghe, has been successfully completed. In addition, the Indonesian new tobacco has begun trial production and will enter the capacity ramp-up and yield improvement phase in the second half of the year."

(The Indonesian factory is also in production.)

It is evident that as domestic license renewals stabilize, more companies with booming production and sales are emerging, adding market vitality for overseas expansion.

Data also shows that Jinjia Co. had e-cigarette revenues of 550 million in 2022, maintaining rapid growth for two consecutive years!

In terms of revenue, this company's scale is comparable to that of SCORE, a subsidiary of Yinghe Technology, but it is also evident that some companies are experiencing continuous growth in overseas markets, bringing vitality to production. The official website of SCORE International shows that this year, the monthly shipment of e-cigarettes is 20 million units, with all sales being disposable e-cigarettes, mainly exported to European countries. Jinjia primarily sells to Southeast Asia. Jinjia entered the e-cigarette industry in 2014, investing 51 million to do so. Now, it is expanding in overseas markets, with its Indonesian factory primarily selling its vaporized e-cigarettes to markets such as Russia, the Philippines, and Malaysia. Regarding the Indonesian factory, last November, Jiajun Bio invested 30 billion Indonesian Rupiah (approximately 13.5 million RMB) in Jinjia's new tobacco in Indonesia, focusing on developing e-cigarette business in Southeast Asia, the Middle East, Russian-speaking regions, and Japan.

Based on the strong follow-up of production and sales, many e-cigarette-related sectors in China have recently seen an increase, such as the e-cigarette sector strengthening, with companies like Shunhao Co., Gongda Electronics, Jinlong Electromechanical, Yidong Electronics, Shaanxi Jinye, and Jinjia Co. all rapidly rising.

These signals are worth paying attention to.

This year, brands like ELFBAR, Elux, Geek Bar (Geek Bar), and SKE Crystal (SCORE) are all significant disposable brands globally, with explosive growth in overseas disposable products, and e-cigarette exports are expected to strengthen!