Eve Energy's Subsidiary Receives over HK$95 Million Cash Dividend from Smoore International

Business by 2FIRSTS.ai
Jun.20.2024
Eve Energy's Subsidiary Receives over HK$95 Million Cash Dividend from Smoore International
Eve Energy's subsidiary receives over HK$95 million in cash dividend from Smoore International, with no impact on 2024 profit.

Eve Energy announced on the evening of June 19th that its wholly-owned subsidiary, EBIL, holds 1.902 billion shares of Smoore International. As of the announcement date, EBIL has received a cash dividend of HK$95.076 million from Smoore International.


The company accounts for its long-term equity investment in Smoore International using the equity method, and the dividends received will have no impact on the net profit of the company for the 2024 consolidated financial statements.


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

China Tobacco Official Media Releases the 2024 World Tobacco Development Report (Part 1): Nicotine Pouch Sales Increase by 36.9% YoY to 21.23 Billion Pouches
China Tobacco Official Media Releases the 2024 World Tobacco Development Report (Part 1): Nicotine Pouch Sales Increase by 36.9% YoY to 21.23 Billion Pouches
In 2024, global heated cigarette sales hit $38.85 billion, up 12.7% YoY, led by Japan, Italy and Russia. The e-cigarette market reached $23.04 billion, with disposable e-cigarettes up nearly 19% and open-system e-cigarettes at $8.1 billion, paced by the US and France. Traditional oral tobacco sales fell, while nicotine pouches soared 36.9% YoY, making the US the top market.
May.14 by 2FIRSTS.ai
UK Orders Supermarkets to Halt Sales of Heated Tobacco Products Amid Advertising Row
UK Orders Supermarkets to Halt Sales of Heated Tobacco Products Amid Advertising Row
The UK has told Sainsbury’s and Morrisons to stop advertising heated tobacco, saying it breaks tobacco laws. The supermarkets disagree but are reviewing the notice. A new bill may soon ban all tobacco and vape ads.
Jun.17 by 2FIRSTS.ai
Malaysia’s Health Ministry Clarifies: Ispire Licensed for Nicotine Manufacturing Only, Not for Local E-Cigarette Sales
Malaysia’s Health Ministry Clarifies: Ispire Licensed for Nicotine Manufacturing Only, Not for Local E-Cigarette Sales
Malaysia’s Health Ministry recently clarified that although foreign company Ispire has been granted a manufacturing license to produce nicotine-containing vaping devices, the license is for export purposes only and does not permit local sales. Under the 2024 Control of Smoking Products Act, all e-cigarette products must be registered with the Health Ministry before being sold in Malaysia.
Jun.05 by 2FIRSTS.ai
[2Firsts Special Report] EPO Enlarged Board of Appeal Issues Key Decision: China YTI Gains Procedural Advantage in Heated Tobacco Patent Dispute with Philip Morris
[2Firsts Special Report] EPO Enlarged Board of Appeal Issues Key Decision: China YTI Gains Procedural Advantage in Heated Tobacco Patent Dispute with Philip Morris
The EPO’s Enlarged Board of Appeal has issued decision G 1/24, confirming that claims must always be interpreted with reference to the description and drawings. This standard supports the position of China YTI in its heated tobacco patent dispute with Philip Morris, giving the Chinese company a procedural advantage. The case now returns to the Technical Board of Appeal for further review.
Jun.19
Maldives Customs Calls for Cap on E-Cigarette Fines, Citing Enforcement Difficulties
Maldives Customs Calls for Cap on E-Cigarette Fines, Citing Enforcement Difficulties
Maldives Customs is concerned about the current fine mechanism for e-cigarette smuggling. It suggests setting a cap on fines to prevent excessive penalties.
May.08 by 2FIRSTS.ai
Japan Tobacco to Discontinue Ploom X Advanced; Next-Generation Device Set for May 27 Launch
Japan Tobacco to Discontinue Ploom X Advanced; Next-Generation Device Set for May 27 Launch
Japan Tobacco (JT) has announced it will discontinue sales of its heated tobacco device “Ploom X Advanced” starting mid-May 2025. The company also revealed plans to launch the next-generation model in the series on May 27.
May.13 by 2FIRSTS.ai