
On October 7th, an investor on an interactive platform asked Shunho Co., Ltd. (002565), "There has been information circulating about China Tobacco and provincial China Tobacco companies strengthening their cooperation with your company further (not ruling out acquiring a stake in your company). Please briefly introduce the cooperation projects and scope between your company and China Tobacco in the e-cigarette field. Are there any further cooperation plans in the field of HNB non-burning e-cigarettes? Additionally, please introduce your company's sales revenue over the past 23 years and the percentage of revenue attributed to China Tobacco.

Shunho Corporation stated that the company is currently engaged in research and development cooperation with a subsidiary of China Tobacco on HNBe-cigarette products. In the future, if China Tobacco has relevant bidding requirements in the HNBe-cigarette field, the company will actively strive for them based on its own advantages. For detailed data on the revenue ratio and development plan of the company's collaboration with the provincial China Tobacco Industrial Corporation in 2023, please refer to the company's periodic reports disclosed on designated information disclosure media.
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