Shunhao Stock: Progress on E-cigarette Launch in China
On March 20th, an investor inquired on the investor communication platform: "Board of Directors: Hello! There is a market rumor about the company's $50 million electronic cigarette order in North America. What is the profit margin and has the shipment ended? The company has been announcing the launch of new electronic cigarette products in March. As we are now in the late stages of March, can you confirm if the product will be launched as scheduled? What is the market response? Thank you!
On April 4th, Shunhao Stock (002565.SZ) announced on an investor interaction platform that any specific business information should be referred to through official company announcements. The company's "Yilong" brand products have entered the wholesale catalog of the national tobacco marketing center. The company has submitted new product introduction applications to the marketing centers in Shenzhen, Beijing, Qingdao, and Shanghai, and will complete contract signing and product listing in the future. The company will continue to promote the listing of "Yilong" products in multiple regions.
Reference:
Shunhao Corporation: Currently, the company's "Yilong" brand products have been included in the catalog list that can be wholesale by the National Tobacco Marketing Center.
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