Shunho Stock Confirms Patent Authorization for Synthetic Nicotine Composition

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May.08.2024

Shunho Stock Confirms Patent Authorization for Synthetic Nicotine Composition

Shunho shares confirm subsidiary Yunnan Xike's patent approval for synthetic nicotine composition in the US for medical business expansion.

On May 6th, an investor asked a question to Shunho shares (003565) on the interactive platform, "It is rumored that the company's shareholding company Yunnan Xike has been granted authorization for the patent 'Synthetic Nicotine Composition' in the United States. This patented technology will be used to expand into the biopharmaceutical sector. Can you confirm this? Does the company or its subsidiaries have any other strategic plans in the field of synthetic biology?

Shunho Corporation stated that its affiliated company, Yunnan Xike Technology Co., Ltd., was granted the invention patent "Synthetic Nicotine Composition" in August 2021, and this patent is still valid. The synthetic nicotine composition covered by this patent technology has the advantages of safety, stability, and ease of storage. It can be used in various fields such as low-temperature HNB products, e-cigarettes, nicotine release patches, pharmaceutical synthesis, etc.

References:

[1] 顺灏股份问答

Also Read:

[1] Shunho 2023 Annual Performance: Revenue Increase and Yilong Brand Expansion

[2] Shunho Group: Cooperation with China Tobacco Subsidiaries on HNB

[3] Shunhao Shares Response to Legalization of Cannabis in Europe

#E-liquids #Asia #Market #China #Technology.#Products #Heated tobacco products #Synthetic Nicotine Composition

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