On August 3rd, 2022, Smore International announced on the Hong Kong Stock Exchange that its two wholly-owned subsidiaries, Shenzhen McWealth Technology Co., Ltd. and Shenzhen McBrother Technology Co., Ltd. had received tobacco monopoly production enterprise licenses from the Tobacco Monopoly Bureau. These licenses are valid from July 25th, 2022 to July 31st, 2023.
Simone International announced that the issuance of the license further strengthens the corporation's confidence in future development. The overall operation of the group will proceed as planned.
Picture source: Announcement from a Hong Kong Stock Exchange listed company.
For more information on compliance, please click: Special Topic on Tobacco Monopoly Production Enterprise License.
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