China Tobacco Co-ops on Vape - Next Move Revealed

Leona Zhu

Shanghai Shunho New Materials Technology Co., Ltd., founded in 2004 and listed on Shenzhen Stock Exchange on March 2011, has been awarded as one of the top 100 enterprises in Shanghai for many years.
 

With 15 years of solid development, Shunho Stock has become a modern international enterprise with new environmental-friendly packaging materials as its leading industry, and tobacco NGP and hemp as its two wings.

Its business sectors are clearly shown in five major industry chains including new environmentally friendly packaging materials, printing materials, new tobacco products, non-tobacco non-combustible products, organic biological agriculture, and hemp products.

Recently, Shunho Stock said on an investor interactive platform that the subsidiary of the company has undertaken the sample manufacturing business and overseas marketing of the vapes of China Tobacco Subbranches. 

Meanwhile, relying on the advantages of intellectual property rights and technology reserve, it has undertaken the R&D and design commissions of new tobacco products of many provincial-level China Tobacco companies, and the cooperation projects with China Tobacco system have covered various aspects such as granule technology, paper tube technology, cooling technology, and R&D of smoking tools.

The news indicates the next move of China Tobacco to participate in the global vaping market competition.