China Boton Group Signs Contract with Influential E-Cigarette Company

Sep.02.2024

China Boton Group signs a contract with a significant Chinese e-cigarette company, promising sales totaling 19 billion RMB in 36 months.

Recently, the board of directors of China Boton Group Limited released a latest announcement, stating that they have successfully signed a contract with a Chinese e-cigarette company on August 29th. According to the contract, China Boton Group will supply e-cigarette and e-liquid products for a period of 36 months, with a total sales volume of not less than 1.9 billion yuan (approximately 2.1 billion Hong Kong dollars).

It is reported that China Boton Group has not disclosed its partner, but mentioned that the e-cigarette company they are collaborating with is "highly influential.

China Boton Group has obtained the necessary production licenses for the e-cigarette supply chain. The company claims to have the capability to supply custom e-cigarette and e-liquid products, and can design and produce different styles of e-cigarettes to promote the development of the company's e-cigarette products department.

References:

[1] 中國波頓自願性公告最新業務發展

Also Read:

[1] China Boton (3318.HK) Mid-Year Report: Revenue Down 6.7% to 750M Yuan, E-Cig Business Decreases by 21% YoY

[2] 103% Surge in 10 Days: What Does China Boton 2023 Performance Report Reveal?

[3] China Boton's E-cigarette Revenue Declines Due to New Policies

[4] China Boton Announces Sale of Subsidiary Mons

#E-liquids #Asia #China #Major companies

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