Recently, Shantou Dongfeng Printing Co., Ltd. (hereinafter referred to as "Dongfeng Printing"), issued a performance pre-reduction announcement for the year 2022, predicting a net profit attributable to shareholders of approximately 260 million yuan to 338 million yuan, representing a year-on-year decline of 56.95% to 66.88%.
Dongfeng Corporation is one of the oldest tobacco branding companies in China, having provided custom packaging for renowned cigarette brands such as Hongtashan, Guiyan, and Huangshan for many years. It is also one of the earliest companies in China to invest in and develop electronic cigarettes. With investments in various entities including Yunnan Xike and Shenzhen Meizhonglian (the parent company of VapeEZ), Dongfeng now owns its own brand of e-cigarettes, including Freem, Elon, Mox, and Cigoo.
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.
