Developments and Trends in the E-cigarette Industry

Aug.25.2023
Developments and Trends in the E-cigarette Industry
Yinghe Technology's H1 2023 financial report reveals a 3.84% YoY increase in revenue, driven by its e-cigarette business.

On August 25th, Winha Technology released its interim financial report for the first half of 2023. The company's operating revenue amounted to 4.801 billion yuan, representing a year-on-year growth of 3.84%. Notably, the e-cigarette business generated a revenue of 1.433 billion yuan, recording an exceptional growth of 1477.33%. The operating profit reached 485 million yuan, with a net profit of 417 million yuan.


With the rapid development of the e-cigarette industry, the concept stocks of e-cigarettes are receiving increasing attention.


According to the stock trading platform Eastern Wealth, as of the closing data at 3 PM on August 25th, among the e-cigarette concept stocks, 29 experienced a decline while only 6 witnessed an increase. The average decrease in value for e-cigarette concept stocks was 1.68%.


The six stocks that recorded gains are Jingjia Co., Jincheng Pharm, Winjoint Technology, Jinlong Electrical and Mechanical, Xiaosong Co., and Sunhao Co. They saw respective increases of 2.2%, 2.65%, 0.63%, 19.98%, 0.97%, and 0.09%.


According to a search on the Oriental Fortune website, the concept stock of e-cigarettes includes Huabao shares, Jiyou shares, Luxun Precision, Penghui Energy, Yiwu Lithium Energy, Shuobo Technology, Minxin Technology, Fuman Micro, Winhe Technology, Wogelight Electric, Langte Intelligent, Zhongwei Semiconductor, Jincheng Pharm, Winfun Technology, Xunwei Communication, Hongxin Electronics, Kehui Technology, Huanxu Electronics, Xinwangda, Guoguang Electric, Wangzi New Materials, Rundu shares, Lansitech, Gongda Acoustic, Xiaosong shares, Changying Precision, Dafu Technology, Jiyou shares, Tianyin Holdings, Aishide, Jinjia shares, Golden Dragon Electromechanical, Kesen Technology, Yiya Tong, Dongfeng shares, Shunhao shares.


After conducting research, it has been found that 80% of these 36 listed companies mainly engage in contract manufacturing for e-cigarette components.


Disclaimer: This article is intended solely for industry research purposes and does not constitute any investment advice.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Chill Brands and SYP Global Develop Novel Nicotine Delivery System, Expected to Launch Within 12 Months
Chill Brands and SYP Global Develop Novel Nicotine Delivery System, Expected to Launch Within 12 Months
Chill Brands Group has formed a strategic partnership with SYP Global, which is developing a heating-free nicotine delivery technology designed to reduce harmful by-products. Chill Brands will support SYP’s market entry through its distribution network, though commercial launch is expected within 12 months with no immediate revenue impact.
Sep.09
France’s Finance Committee Rejects 2026 Vaping Tax, Backs Online Sales Ban
France’s Finance Committee Rejects 2026 Vaping Tax, Backs Online Sales Ban
France’s National Assembly Finance Committee voted to oppose the government’s plan in Article 23 of the 2026 budget bill to tax vaping products at €0.30/10mL for low-nicotine liquids and €0.50/10mL for others (with typical bottles priced €5–€7). Lawmakers arguing against the tax said vaping is less harmful than combustible cigarettes and can aid cessation; others warned of a gateway effect for youth and sustained nicotine dependence.
Oct.23 by 2FIRSTS.ai
EPO Invalidates Philip Morris Heated Tobacco Patent After Imperial Brands Challenge
EPO Invalidates Philip Morris Heated Tobacco Patent After Imperial Brands Challenge
The European Patent Office invalidated Philip Morris International’s heated tobacco patent, ruling it lacked inventiveness after a challenge by Imperial Brands’ subsidiary Fontem Ventures BV.
Oct.11 by 2FIRSTS.ai
Russia’s State Duma may table new vape bills; full ban proposal would prohibit manufacture, sale, and use
Russia’s State Duma may table new vape bills; full ban proposal would prohibit manufacture, sale, and use
Alexey Kurinny, deputy chair of the State Duma Committee on Health Protection, said a pending bill to fully ban vapes would outlaw their production, sale, and consumption if enacted. Speaker Vyacheslav Volodin earlier noted the Duma intends to consider a total sales ban on vapes and e-liquids within two months, with fines for public use. Kurinny added that at least two related bills have been under review for more than six months, and new initiatives are not ruled out.
Sep.08
Malaysian state of Selangor proposes sharing e-cigarette tax revenue with federal government for local enforcement agencies
Malaysian state of Selangor proposes sharing e-cigarette tax revenue with federal government for local enforcement agencies
Selangor, Malaysia proposes federal government share e-cigarette tax revenues for local enforcement, suggesting collaboration for better regulation.
Oct.13 by 2FIRSTS.ai
Newport News, Virginia, USA, has passed new regulations requiring new e-cigarette shops to be approximately 610 meters away from schools
Newport News, Virginia, USA, has passed new regulations requiring new e-cigarette shops to be approximately 610 meters away from schools
New zoning regulations in Newport News, Virginia require e-cigarette shops to be at least 2000 feet from schools and daycares.
Sep.25 by 2FIRSTS.ai