Silverage Technology: Subsidiary began producing and selling e-cigarette accessories in the first ha

On August 10, Silverage Technology responded to questions about its e-cigarette business on the investor interaction platform for listed companies. The original response is as follows:
Q: How is the company’s e-cigarette project progressing? Has it already entered the market for sales? What is the revenue situation?
A: Dear investor, hello, and thank you for your attention to the company. The company’s main business is the R&D, production, and sales of modified plastics. In the first half of the year, Dongguan Zhongyao Electric Technology Co., Ltd., a subsidiary included within the scope of the consolidated financial statements, began producing and selling e-cigarette accessory products. The product line has now completed installation and commissioning and is currently in the initial production and capacity ramp-up stage. At present, the related operating revenue accounts for only a small proportion of the company’s consolidated financial statements and does not meet the disclosure standard.