Yinghe Technology: Sikary Has No Plan for Nicotine Pouch, Medical or Health Vaporization Products

Business by 2FIRSTS.ai
May.24.2024
Yinghe Technology: Sikary Has No Plan for Nicotine Pouch, Medical or Health Vaporization Products
Investors inquire about Yinghe Technology's subsidiary, Sikary, potential plans to enter European nicotine pouch market, company responds negatively.

On May 23, an investor inquired on an interactive platform about Yinghe Technology (300457): Given the current growth of the nicotine pouch business in Europe, does subsidiary Sikary have plans to introduce nicotine pouch products? If so, in which regions will they be launched?

Yinghe Technology: Sikary Has No Plan for Nicotine Pouch, Medical or Health Vaporization Products
Question and Answer Details | Image Source: Interact Easy

 

In response, Yinghe Technology stated that Sikary currently has no plans to launch a nicotine pouch business.

Yinghe Technology: Sikary Has No Plan for Nicotine Pouch, Medical or Health Vaporization Products
Question and answer details | Image source: Interactive Easy

 

Investors are asking whether the company has plans to develop products in the areas of heated e-cigarettes, oral tobacco products, and cannabis e-cigarettes.

 

In response, Yinghe Technology stated that Sikary is currently not producing cannabis e-cigarettes and has no plans to develop medical or health vaporization products.

 

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2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

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