Chinese Listed Cig Packaging Company to Make E-cigs in Indonesia
An investor has raised a question on a shareholder communication platform to the company JinJia Group.: "It has come to my attention that the cigarette packaging production workshop has been very busy for the past two months, with employees working extensive overtime. Can we expect a profitable performance in the first half of the year? Additionally, what is the current status of e-cigarette production and sales?
On July 31st, Jinjia Group responded, stating that the company's factories are currently busy and operating in an orderly manner. The license renewal process for the "Tobacco Manufacturing Enterprise Permit" of its subsidiaries, e-liquid maker Yunshuo Technology and E-cigarette device maker Shenzhen Yunpu Xinghe, has been successfully completed. In addition, trial production of Jinjia's new tobacco product has commenced in Indonesia, and in the second half of the year, it will enter a phase of increasing production capacity and improving yield rates.
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