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

Aug.13.2024
Kennede Electronics Mfg Co.,Ltd.: E-Cigarette Business Development Update
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.


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

Philip Morris International and Swedish Match Win Collective Lawsuit Over Zyn Nicotine Pouches
Philip Morris International and Swedish Match Win Collective Lawsuit Over Zyn Nicotine Pouches
In a recent victory, Philip Morris International and Swedish Match won a lawsuit concerning their product Zyn's pricing.
Sep.25 by 2FIRSTS.ai
UK Vaping Product Approvals Soar to 1,552, a 32x Increase | Pod Products Drive Growth
UK Vaping Product Approvals Soar to 1,552, a 32x Increase | Pod Products Drive Growth
The UK's MHRA database saw a 32-fold increase in e-cigarette registrations from Sep 8-14, with 1,552 new approvals. Pod products from brands like ELFBAR and SMOK made up over 90% of the new entries.
Sep.16 by 2FIRSTS.ai
Russia’s FSB Seizes Illegal Vape Warehouse Worth USD 6 Million
Russia’s FSB Seizes Illegal Vape Warehouse Worth USD 6 Million
Russia’s Federal Security Service (FSB) in the Tula Region dismantled an underground warehouse containing counterfeit vape products worth over 500 million rubles (approximately USD 6 million). A 27-year-old suspect was detained and faces up to 12 years in prison.
Nov.06 by 2FIRSTS.ai
Mexico Mulls 30% Tobacco Tax Hike from 2026; Industry Warns of Illicit Market Growth and Revenue Losses
Mexico Mulls 30% Tobacco Tax Hike from 2026; Industry Warns of Illicit Market Growth and Revenue Losses
Mexico’s National Tobacco Industry Council (Conainta) has raised concerns over a federal proposal to increase the Special Tax on Production and Services (IEPS) on cigarettes and nicotine products by more than 30% starting in 2026, and to levy up to a 200% tax on alternative nicotine products. Conainta and the Mexican Confederation of Industrial Chambers (Concamin) estimate illicit consumption could climb to 50%, with annual fiscal losses of MXN 13–15 billion.
Sep.22 by 2FIRSTS.ai
Research Report: E-Cigarette Device Market to Hit $34.29 Billion by 2031; Top Brands Now Hold Nearly Half the Share
Research Report: E-Cigarette Device Market to Hit $34.29 Billion by 2031; Top Brands Now Hold Nearly Half the Share
Market research firm LP Information has released a global e-cigarette market report forecasting that the e-cigarette device market—including both disposable and reusable devices—will reach US$34.29 billion by 2031, with a 9.4% CAGR from 2025 to 2031.
Oct.16
Illegal Market Surges After Kazakhstan Bans E-Cigarettes; Telegram Becomes the Main Trading Channel
Illegal Market Surges After Kazakhstan Bans E-Cigarettes; Telegram Becomes the Main Trading Channel
Since Kazakhstan banned e-cigarette sales in June 2024, transactions have gone underground, shifting to Telegram and some e-commerce platforms and making enforcement harder; related research indicates the ban has not significantly reduced demand.
Oct.20 by 2FIRSTS.ai