On the evening of September 7, 2022, Smore International (06969.HK) issued a statement announcing that its two wholly-owned subsidiaries, Jiangmen Moer Technology Co., Ltd. and Dongguan Maikel Electronics Technology Co., Ltd., received a tobacco monopoly production enterprise license from the Tobacco Monopoly Bureau on September 7, 2022. The license is valid from August 29, 2022, to August 31, 2023.
As of now, Simalu Holdings has five wholly-owned subsidiaries that have obtained tobacco monopoly production licenses.
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