KOTL Mechanical (300032.SZ): Electronic Atomizer Business Operating Continuously

Business by 2FIRSTS.ai

Jul.05.2024

KOTL Mechanical (300032.SZ): Electronic Atomizer Business Operating Continuously

Investors inquire about KOTL Machinery's 2024 orders and e-cigarette production on interactive platform. Company confirms continuous operation.

Recently, an investor on the investment interactive platform Interactive Easy asked KOTL Machinery and Electronics (300032.SZ): How is the order volume for KOTL Machinery and Electronics in 2024? Is the e-cigarette project still in production?

In response, KOTL Electronics stated that the company's electronic atomizer and related accessories business are currently operating continuously. For information about the company's operating situation in 2024, please refer to the company's already disclosed and subsequent periodic reports.

Another investor asked: The US FDA has approved four menthol-flavored e-cigarettes, allowing them to be sold in the US market. Does this have any impact on your company?

In response, KOTL Machinery and Electronics stated that the e-cigarette products currently being sold by the company do not involve the four menthol-flavored e-cigarettes approved by the American FDA.

According to the company's official website, KOTL Electromechanical Co., Ltd. was founded in 1993 and went public on the Shenzhen Stock Exchange's Growth Enterprise Market in 2009, with the stock code 300032.

In the field of consumer electronic components, the company is mainly engaged in the research and development, production, and sales of motors, silicone plastic structural components, and touch display products. The products mainly include microdrive motors, vibration motors, silicone plastic structural components, cover glass, touch screens, display modules, etc., which are widely used in wearable devices, smartphones, smart home, automotive and other fields.

In the e-cigarette industry, the main focus is on the production of electronic vaporizers and related accessories. The products mainly include electronic vaporizers, e-cigarette mouthpieces, e-cigarette structural components, and so on.

References:

[1] 300032金龙机电2024年订单量如何？电子烟项目是否持续在生产？

[2] 美FDA批准四款薄荷醇调味电子烟允许其在美国市场销售请问董秘，对贵公司是否有影响？

Also Read:

[1] H1 2023 Report: Rising Revenue and Profit for KOTL

[2] Gold Dragon Electromechanical Releases 2023 Semi-Annual Report

[3] Xingke Electronics Obtains License for E-Cigarette Production and Processing

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