Jinjia Shares: new tobacco business to enter capacity ramp-up stage in H2, plans to expand vaping de

Jinjia Shares (002191) organized an investor communication event to review its performance, where investors visited the new tobacco production line and engaged in in-depth discussions with Jinjia Shares on several core issues. Jinjia Shares stated that it has laid out the upstream, midstream, and downstream of the new tobacco industry chain and will conduct investment and acquisition of quality targets in compliance with laws and regulations.

According to news from Jinjia Shares on September 12, they organized an investor communication event to review its performance, where investors visited the new tobacco production line and engaged in in-depth discussions with Jinjia Shares on several core issues.

In terms of layout for the new tobacco business, Jinjia Shares stated that it focuses on vape OEM as the core, with vape juice and supply chain services as two wings, striving to improve the domestic and international industry chain layout. Jinjia Shares also emphasized its industry layout in domestic and overseas markets and plans to utilize overseas channels for new tobacco to promote business, aiming to open up more vape markets. 

Currently, Jinjia Shares' business is mainly divided into domestic and international markets. In the domestic market, Shenzhen Yunpu Xinghe provides ODM/OEM and supply chain services for customers' export products related to new tobacco; Yunshuo Technology provides competitive 'new national standard' vape juice products to empower customers; Hong Kong Hengtian is mainly responsible for the import and export trade and marketing of tobacco and new tobacco-related products.  

In the overseas market, Jiajv Electronics has established Hong Kong Weiyue, responsible for building overseas channels for new tobacco and brand promotion, focusing on developing vape businesses in Southeast Asia, the Middle East, Russian-speaking regions, and Japan; Indonesia Yunpu Xinghe and Indonesia Jinjia New Tobacco are engaged in trade operations for HNB herbal vape pods, with Indonesia Jinjia New Tobacco completing equipment debugging and trial production, entering the capacity release stage in the second half of the year. 

Regarding supply chain business, Jinjia Shares stated that its refined services cover the vaping industry in assembly, import and export trade, logistics, etc., to deepen the binding relationship between enterprises and customers while promoting the rapid development of the vaping industry. 

Jinjia Shares stated that it will closely monitor the global trends in the new tobacco industry, make reasonable market layouts, and hopes to create better growth points.

Regarding investment and acquisition plans for the new tobacco business segment, Jinjia Shares stated that it has laid out the upstream, midstream, and downstream of the new tobacco industry chain and will conduct investment and acquisition of quality targets in compliance with laws and regulations.