Yinghe Technology's Future Plans for SKOL and Overseas e-Cigarette Market

Aug.02.2023

Investors inquire about YH Technology's plan to acquire remaining shares of its subsidiary, Skoal, on the interactive platform.

An investor on the investor interaction platform asked WinsTech: Hello. Looking at the first-quarter report, it seems that the holding subsidiary, Skor, has performed exceptionally well. Is there any consideration to acquire the remaining shares? Also, what are the plans for Skor's future development?

On August 1st, Winhope Technology stated on its investor interaction platform that it is currently not considering acquiring the remaining shares of Skorel. The company is allowing the Skorel management team full autonomy, as Skorel's e-cigarette business will mainly focus on overseas markets in the future.

#Europe #Market #Alemania #Technology.#E-cigarette #E-cigarettes and Tobacco #E-cigarette Market

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Belarus Increases e-cigarette tax by 20% and Reinstates Tax on heated tobacco

Belarus government plans to raise tobacco tax by 12% and e-cigarette tax by 20%, aiming to regulate all smoking devices.

Oct.21 by 2FIRSTS.ai

Putin Supports Full Russia-Wide Vape Sales Ban

Russian President Vladimir Putin gave his backing to a nationwide sales ban on vapes during a visit to Samara and stressed that “it’s not only such a decision that is important, but also the corresponding work among youth.”

Nov.07 by 2FIRSTS.ai

Bangladesh High Court Questions Legality of BEZA’s Approval for Philip Morris Nicotine Pouch Factory

The High Court in Bangladesh has asked government bodies to explain why the approval granted to Philip Morris to establish a nicotine pouch factory should not be deemed illegal. Petitioners argue the decision contradicts existing policies and a 2016 Appellate Division ruling that restricts new tobacco-related enterprises. Authorities have ten days to respond.

Nov.20 by 2FIRSTS.ai

Abu Dhabi Closes Two Stores Near Schools Over Vape Sales Violations

The Abu Dhabi Business Registration Authority (ADRA) closed two commercial establishments and issued 61 warnings and 18 fines to outlets near schools for violating tobacco and e-cigarette sales regulations, according to the Emirates News Agency (WAM). The measures aim to protect youth and ensure compliance with the Federal Anti-Tobacco Law.

Nov.06 by 2FIRSTS.ai