Kennede Electronics Mfg Co.,Ltd.: E-Cigarette Business Development Update

Aug.13.2024

Investors inquire about Kennede Electronics' e-cigarette business performance and future prospects on August 11, receiving positive responses.

On August 11th, investors in the interactive investment platform Interactive Easy asked Kennede Electronics Mfg Co., Ltd. (002723.SZ): "How has the company's e-cigarette business performed in terms of production and sales so far this year? What are the prospects for its future development?

Kennede Electronics Mfg Co., Ltd. responded that since obtaining an e-cigarette production license, the company has been actively promoting product development and building a sales team to meet customer needs. In June of this year, the company obtained a US trademark registration certificate for class 34, including services for cigarette paper, cigarette filters, e-cigarettes, and electronic cigars. The acquisition of the above trademarks is beneficial for the company's expansion into the US e-cigarette market, as well as strengthening brand and trademark protection, increasing brand and market visibility, and further enhancing the company's core competitiveness. Detailed information on the e-cigarette business will be disclosed in regular reports, please pay attention to the company's relevant announcements.

According to information from QCC, Kennede Electronics Mfg Co., Ltd. was established in 2000 and was renamed Guangdong Xiaoyong Technology Co., Ltd. on August 1, 2022, from its original name Guangdong Jinlai Te Electric Appliance Co., Ltd. In January 2014, it was officially listed on the ChiNext board of the Shenzhen Stock Exchange. Currently, the group is divided into three main sectors: smart home appliances, health, and construction.

References:

[1] 请问今年以来公司电子烟业务产销怎样呢？发展前景如何？

Also Read:

[1] Regulatory Letter Issued to Kennede Electronics for Performance Disclosure

[2] Kennede Electronics: Main Business Covers Home Appliances, E-cigarettes

[3] Xiaosong's Subsidiary Kennede Electronics Mfg Co.,Ltd. Obtains "SONG" Trademark in USA

[4] Kennede Electronics to Expand e-Cigarette Product Line in Response

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