Small Song Co-Invests in E-Cigarette Supplier with Industry Fund

Jan.12.2023

Huzhou Jingqian Fund gains 20% stake in e-cigarette liquid supplier Shenzhen Zhenghe Bio-Tech according to Zhongsong announcement on Jan. 10th.

On January 10th, according to an announcement from Xiao Song Corporation, a recent agreement was signed by the Industry Fund that the company participated in, Huzhou Jinqian Equity Investment Partnership Enterprise (Limited Partnership), to transfer equity in Shenzhen Zhenghe Biotechnology Co., Ltd., a supplier of electronic cigarette vaporizing liquids. Huzhou Jinqian will hold a 20% stake in Zhenghe Biotechnology.

It has been reported that Zhenghe Biologic is an electronic cigarette e-liquid supplier that integrates research and development, production, sales and co-processing services. They have obtained the national tobacco monopoly bureau's "Tobacco monopoly production enterprise license (aerosol production enterprise)".

#E-cigarette #E-cigarettes and Tobacco #E-cigarette Industry #USA #Charity

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

JTI UK Expands Nordic Spirit Line, Launches 17mg Nicotine Pouch

JTI UK has launched Nordic Spirit’s highest-strength variant—Frosty Mint Max, delivering 17mg of nicotine per pouch—and introduced a refreshed, darker packaging design for the brand.

Oct.31 by 2FIRSTS.ai

China’s E-Cigarette Exports Reached USD 879 Million in September 2025, Down 6.08% MoM— U.S. Remains Top Market, Russia Falls Sharply

In September 2025, China’s total e-cigarette exports reached USD 879 million, representing a 6.08% decline month-on-month but a 3.41% increase year-on-year.

Oct.20 by 2FIRSTS.ai

2FIRSTS Data Insight｜China’s Vape Exports to the U.S. Hit a Record $590 Million: A Peak Driven by Enforcement Cycles, Not Real Demand

China’s vape exports to the U.S. surged to a record $590 million in October 2025—nearly double the usual monthly level and pushing the U.S. share above 50% of China’s global shipments.But the spike was not driven by demand. Instead, it reflected a temporary release created by tightened U.S. enforcement, a collapsed logistics pathway, and a bullwhip-style surge in replenishment.The peak signals more volatility ahead, not recovery.

Special Report

Nov.24

UK Experts Raise Concerns Over High-Dose Nicotine Pouches Amid Rising Sales

According to The Guardian, health experts in the UK are warning about the potential health effects of high-dose nicotine pouches as their sales continue to rise. Recent studies show teenagers reporting nicotine rushes, sickness and fainting, while researchers say packaging and marketing increasingly appeal to younger age groups. Although viewed as less harmful than cigarettes, experts remain concerned about their use among non-smokers, especially adolescents.