Yinghe Technology: Utilizing Space for E-cigarette Workshop Expansion

Aug.28.2024

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.

References:

[1] 是否考虑将锂电设备厂房腾出来作为电子烟车间，抓住机遇，乘势而上。

Also Read:

[1] Yinghe Technology's Semi-Annual Report: Sikary Revenue Grows 7.4% to 1.539B Yuan, Accounting for 35% of Total Operating Income

[2] Yinghe Technology Expands Global Sales and Plans for Future

[3] Yinghe Technology Responds to Sikary's Nicotine Pouch Plans

[4] Yinghe Technology: Holding a 51% Stake in Sikary, to Expand in U.S. Market

[5] Yinghe Technology: Benefiting from RMB Depreciation in E-cigarette Export?

[6] Yinghe Technology's Overseas Sales and E-Cigarette Development Disclosed

[7] Yinghe Technology's Subsidiary Sikary is Not Involved in Investigation

#E-cigarettes #Asia #Market #China

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