Yinghe Technology: Sikary's E-Cigarette Business Focuses on Overseas Markets with USD Settlements

Dec.02.2024

Yinghe Technology announced that its subsidiary, Sikary, primarily targets overseas markets for its e-cigarette business. The company manages its own exports, with settlements mainly conducted in USD.

Recently, an investor asked on the investor interaction platform about Yinghe Technology (300457.SZ): How is the company's foreign trade performance in e-cigarettes? Are they exported by agents or directly by the company? Is the settlement currency for Sikary's e-cigarette exports in US dollars?

In response, Yinghe Technology stated that its subsidiary, Sikarye-cigarette, primarily focuses on overseas markets and conducts independent exports, with the main settlement currency being the US dollar.

References:

[1] 互动易

[2] 互动易

Also Read:

[1] Yinghe Technology Expands Skorn Nicotine Pouch Business, Extends E-Cigarette Reach to Russia and Southeast Asia

[2] MEMERS VAPE Launches WuKong V40000, Plans PMTA Submission by December

[3] Sikary MADJETBAR 25000: New Disposable E-cigarette with Screen

[4] Sikary's "American Dream": Insights into PMTA Approval Process

[5] Yinghe Technology's E-cigarette Business Expansion and Market Recognition

#Asia #Market #China #Disposable e-cigarettes

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