Investors are asking: what is the progress of Yooztech's application for an e-cigarette production license?
Yingqu Technology responded that the company has submitted an application for an electronic cigarette production license to the relevant regulatory authorities. The process is currently proceeding according to regulations and specific progress depends on the review by the relevant regulatory authorities. It should be noted that at present, the regulatory authorities mainly require a production license for the whole electronic cigarette product, and the production of components and parts has not been clearly defined. In addition, the company has been continuously expanding its international presence for many years. The capabilities of the overseas smart manufacturing base have been enhanced to meet the diverse needs of customers, including product localization. Obtaining this license will not have a significant impact on the company's current and future business operations.
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