Yinghe Technology: Utilizing Space for E-cigarette Workshop Expansion

Aug.28.2024
Yinghe Technology: Utilizing Space for E-cigarette Workshop Expansion
Investors inquire about Yinghe Technology's subsidiary Sikarye-cigarette facing rapid development but limited space for production.

On August 28, investors on the investment interactive platform Interactive Easy inquired with Yinghe Technology (300457.SZ) about the rapid development of its subsidiary Sikary e-cigarette, but the lack of space for expansion. The lithium battery equipment business is shrinking, with profits being consumed by provisions over the years. They suggested considering freeing up the lithium battery equipment factory building to use as an e-cigarette workshop to seize opportunities and make the most of the situation.


Yinghe Technology responded that their holding subsidiary, Sikary, has sufficient space to meet the production and operational needs of Sikary.


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