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

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

Alaska Settles with Juul and Altria for $7.8 Million After Five-Year Lawsuit

The State of Alaska has reached a $7.8 million settlement with e-cigarette maker Juul and its investor Altria, concluding a five-year lawsuit alleging the companies targeted Alaskan youth with nicotine products.

Dec.08 by 2FIRSTS.ai

Canadian Media Investigation: BAT’s Nicotine Pouch ZONNIC Sparks Ongoing Controversy as Regulatory Gaps in Canada Come Under Scrutiny

Canadian outlet Rebel News released a long-form video report examining Canada’s regulatory framework for nicotine pouches, market dynamics, and the approval process of ZONNIC, a product of BAT subsidiary Imperial Tobacco Canada. The report highlights issues involving youth access, regulatory gaps, black-market activity, retailer feedback, and company responses. This article summarizes key points based on the video.

Dec.02 by 2FIRSTS.ai

SKE Partners with 7-Eleven Korea, Placing Its Products in Over 5,700 Stores

According to an SKE release published on PR Newswire, the company is expanding its presence in the Korean market through convenience store and specialty retail channels. SKE has partnered with 7-Eleven Korea, placing its products in more than 5,700 stores nationwide, and is also working with OG9’s offline retail and B2B distribution network. On the product side, SKE is focusing on promoting the Crystal Bar TB1000 and Cloud Zero in Korea.

Nov.19 by 2FIRSTS.ai

Sarawak Cabinet Approves Gradual Ban on Vape Products to Curb Rising Youth Use

The Sarawak Cabinet has agreed to implement a phased ban on vape products amid growing concern over rising use among youths. Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah said the move demonstrates the state’s firm commitment to safeguarding young people’s health and future.