FEELM, the flagship vaporization technology platform owned by SMOORE, the world's largest electronic cigarette manufacturer, has been awarded a tobacco monopoly production enterprise license.
In early 2022, China introduced new national standards for electronic cigarettes, requiring companies manufacturing these devices to obtain production licenses. Three SMOORE factories (two of which operate under the FEELM brand) have been granted these licenses, with FEELM also receiving official approval to produce electronic cigarettes as part of its physical business.
SMOORE welcomes the new policy framework that ensures all electronic cigarette manufacturers operate in compliance with the law. SMOORE's goal is to continue utilizing science and technology as the driving force behind its business model, actively promoting the long-term sustainability of the industry, and supporting its global customer base.
FEELM's products are now available in more than 50 countries worldwide. In 2022, the company will launch two innovative disposable e-cigarette devices: the FEELM Max and the world's first super-thin e-cigarette device, the FEELM Air. These new products will be sold in markets across the United States, Europe, Africa, and elsewhere, with the goal of solidifying FEELM's position as a global technological leader in the e-cigarette market.
FEELM currently has an annual production capacity of 2 billion pods and boasts the industry's first fully automated production line, which can manufacture over 7,200 aerosolizers per hour. Their production process places a strong emphasis on continuously improving the electronic cigarette experience for customers.
Regarding FEELM: as the flagship technology brand of SMOORE, FEELM is a global leader in providing closed-system electronic cigarette solutions. Utilizing world-leading ceramic coil heating technology, FEELM combines authentic flavor replication techniques with innovative electronic technology to deliver the ultimate sensation and high-quality electronic cigarette experience.
Regarding SMOORE: SMOORE is a global leader in providing electronic cigarette technology solutions, including the manufacturing of electronic cigarette equipment and components for HNB products based on ODM. They possess advanced research and development technology, strong manufacturing capability, a wide range of product portfolios, and a diverse customer base.
According to data from Frost & Sullivan, SMOORE is the largest electronic cigarette device manufacturer in the world in terms of revenue, accounting for 22.8% of the total global market share in 2021. Its global market share is greater than the sum of the second through fifth ranking companies.
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