Hong Kong stock exchange-listed company Tianchang Group (02182.HK) recently announced that its unaudited operating data for the 11 months ending November 30, 2023, and other relevant information regarding its e-cigarette product division, revealed a decrease of approximately 79% in sales compared to the same period last year. The main reason for the decline was the cancellation of exclusive rights terms in sales orders with customers.
Tianchang Group announced its plans to expand its customer base by actively seeking new clients for purchasing high-quality e-cigarette products.
According to reports, Tianchang Group is an integrated injection molding solution provider, specializing in mold design and manufacturing services, as well as injection component design and manufacturing services. In recent years, the company has expanded its business to OEM manufacturing of e-cigarette products. Tianchang Group has previously acted as a contract manufacturer (OEM) for the e-cigarette brand "blu" under Imperial Tobacco.
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
