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Key takeaway: On the evening of August 18, Intretech released its half-year performance report, saying that revenue for the first half of 2023 was about RMB 1.844 billion, down 19.4% year on year; net profit attributable to shareholders of the listed comp
Key takeaway: Looking at global market size through penetration rates, World Health Organization statistics show that there are currently more than 1 billion smokers worldwide, while the number of users of vaping products is about 82 million. China
Key takeaway: On August 20, Jinlong Machinery & Electronics announced that its wholly owned subsidiary Xingke Electronics received a Tobacco Monopoly Production Enterprise License (vaping OEM) issued by the State Tobacco Monopoly Administration on August
Key takeaway: On August 15, Jinlong Machinery & Electronics released an announcement on the renewal of its wholly owned subsidiary's Tobacco Monopoly Production Enterprise License, stating that Xingke Electronics received from the State Tobacco Monopoly A
Key point: On August 20, Russia announced minimum prices for nicotine products. It specifically noted that nicotine-free e-liquid for e-cigarettes and hookah tobacco mixtures are currently not subject to tobacco tax.
Key point: New e-cigarette projects have recently appeared in some regions. For example, in Hunan, an e-cigarette casing project with annual output of 600 million units has passed approval and public notice, with multiple production lines planned.
Key point: On August 20, Argentina's vaping association recently questioned the government's e-cigarette control policies, calling for independent regulation rather than treating them the same as traditional tobacco products.
Key point: On August 22, major US distributor General Vape announced a partnership with EBdesign, officially becoming an authorized distributor for the brand. EBdesign is the brand behind ELF BAR.
Key point: According to The Bangkok Post on August 13, Thailand's Ministry of Digital Economy and Society, together with the Royal Thai Police, has shut down 76 websites selling e-cigarettes online.
Key point: After visiting major core distributors in Vietnam with representatives of domestic partner companies, the DKECE Vietnam team held friendly exchanges on product experience, industry trends, and market developments.
Key point: On August 20, Silver Age Sci & Tech said on an investor interaction platform that its core business is the R&D, production, and sales of modified plastics. A subsidiary within its consolidated financial statements is now trial-producing e-cigar
Key point: On August 20, several well-known vaping companies were recently found recruiting for CBD-related positions. These include ALD, Geekvape, Uwell, Joyetech, and Freemax parent company Fusion Creative.