BYD Electronics: Two More Tobacco Monopoly License
BYD Electronics has been granted three Tobacco Monopoly License for electronic cigarettes. BYD Electronics stated that the awarding of the "tobacco monopoly license" is an acknowledgment of the company's standardized operation and all-around technical strength, as well as a long-term boost to its confidence in the field of electronic cigarettes. BYD Electronics will firmly support the relevant national policies, continue to implement regulatory requirements, compliance, and orderly operation, and continue to increase investment in research and development, and constantly improve technological innovation and product development and manufacturing capabilities, committed to becoming a practitioner and leader in the field of electronic cigarettes.
As early as 2018, BYD laid out the necessary electronic atomization for e-cigarettes. After that, within a year, the market study and product design of electronic cigarettes were finished, followed by the basic product shape. 2020 despite the abrupt pandemic, BYD Electronics increased research and development, and the rate of progress is accelerating.
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