Company's Electronic Cigarette Product Launch and Sales Performance

Mar.15.2023

Electronic cigarette brand under Shunhao Stock is expected to debut in March 2023 for purchase through licensed retailers.

An investor has posed questions on an investor forum regarding the upcoming launch of a new e-cigarette product in March, rumors of the company signing contracts worth up to $50 million in North America recently, and how this will affect their profits. They also asked about the sales performance in Europe, how it compares to America, and how to purchase the e-cigarettes offline in China. Thank you.

On March 15, Shunhao Holdings (002565.SZ) announced on an investor interaction platform that the company's electronic cigarette brand is expected to be listed in March 2023. After the product is listed, it can be purchased offline through operating entities that have obtained tobacco monopoly retail licenses.

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The electronic cigarette brand, owned by Shun Hao Corporation, is expected to go public in March 2023.

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