Recently, an investor inquired on the investor interaction platform InteractionEasy about the overseas sales performance of Yinghe Technology's (300457.SZ) Sikary e-cigarette products in the first half of this year.
In response, Yinghe Technology stated that its subsidiary, Shenzhen Sikary Technology Co., Ltd., is engaged in the e-cigarette business. The overseas sales of Sikary e-cigarette products in the first half of this year will be disclosed in the 2024 interim report.
Investors also asked about the progress of Sikary e-cigarette's refillable pod development.
Yinghe Technology responded that its subsidiary, Shenzhen Sikary Technology Co., Ltd., is engaged in the e-cigarette business. Since the second half of 2023, Sikary has started to expand its pod system products in European countries, including the UK, and has increased its sales efforts in the pod system since 2024.
In addition, investors have inquired about the company's equity incentive plan, which incentivizes only employees in the lithium battery equipment sector and not those in the Sikary e-cigarette department. However, the company's net profit has been supported by Sikary for the past two years. Is this kind of equity incentive fair? Should employees only be incentivized based on meeting net profit targets?
Yinghe Technology responded, thanking the investor for their suggestions to the company.
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