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

Business by 2FIRSTS.ai

Sep.14.2024

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

Investors inquire about Yinghe Technology's e-cigarette market recognition globally, as the company aims to expand in Europe, North America, and Southeast Asia.

On September 14th, an investor inquired on the investor interactive platform "Interactive Easy" about Yinghe Technology's (300457.SZ) e-cigarette business, asking which global markets have mainly recognized the company's business and if there are possibilities for further improvement in the future.

Yinghe Technology responded by stating that its subsidiary holding company, Sikary, is engaged in the e-cigarette business. Since 2022, Sikary has been vigorously developing its own brand business and actively expanding into overseas markets. With advantages in product, technology, and channel resources, Sikary has achieved good development in market expansion in the UK, Germany, and other European countries. This year, Sikary has expanded its sales team and is gradually expanding its sales area by implementing measures such as advertising, social media interaction, field promotion, and large-scale exhibitions to explore markets in North America, Southeast Asia, and beyond.

References:

[1] 尊敬的懂秘你好，公司电子烟业务主要受到了全球哪些市场的认可，未来是否有进一步提高的可能？

Also Read:

[1] Yinghe Technology: Utilizing Space for E-cigarette Workshop Expansion

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

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

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

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

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

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

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

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

#Europe #Open system e-cigarettes #Market #China

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