Smaller International and China Bank Sign Deposit Agreement

Jan.09.2023

Smaller International and China Bank Sign Deposit Agreement

Simaor International signs structured deposit agreement with China Bank for RMB35 billion, to be paid from available cash reserves.

Simo International announced on the Hong Kong Stock Exchange that its wholly-owned subsidiary, Shenzhen Mackwell, has updated its structured deposit agreement with China Bank, effective January 5, 2023. As per the agreement, Shenzhen Mackwell will purchase two structured deposits for a total of RMB 3.5 billion, with amounts of RMB 1.76 billion and RMB 1.74 billion each, respectively, after redeeming RMB 1.5 billion on December 28, 2022. The subscription will be funded by the group's existing cash reserves and free cash flow.

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China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

FDA Details Carcinogenicity Tiering and ELCR Framework as Small Manufacturers Press for Predictability

FDA Details Carcinogenicity Tiering and ELCR Framework as Small Manufacturers Press for Predictability

During the “Toxicological Profile” session at FDA’s Feb 10 PMTA roundtable, officials outlined the carcinogenicity tiering system and Excess Lifetime Cancer Risk (ELCR) framework used in ENDS reviews under the APPH standard. Small manufacturers questioned database transparency, exposure assumptions, and the existence of clear compliance benchmarks. FDA reiterated toxicological risk is assessed case by case within a broader population-level determination.

Indiana SB 185 Advances: Foreign-Made Vapes Would Be Barred, With Focus on China

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Jan.27 by 2FIRSTS.ai

Russia considers digital tagging for e-cigarette products to strengthen industry regulation

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Feb.05 by 2FIRSTS.ai

Belarus opts for stricter regulation instead of full e-cigarette ban

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Mar.04 by 2FIRSTS.ai

Brazil’s federal prosecutors sue for strict e-cigarette rules, urging regulation over a “paper ban”

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Jan.30 by 2FIRSTS.ai

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