Shenzhen Top 500 Witnesses Shifts among E-cig Firms: 2 Drop Out, 2 Advance, 9 Ascend and 3 Descend

Business by Sophia L
Sep.26.2023
Shenzhen Top 500 Witnesses Shifts among E-cig Firms: 2 Drop Out, 2 Advance, 9 Ascend and 3 Descend
14 e-cigarette companies have made it onto the 2023 Shenzhen Top 500 Enterprises list, with 9 seeing an increase in ranking.

On September 25th, Shenzhen Enterprise Federation and Shenzhen Entrepreneurs Association (referred to as Shenzhen Enterprise Federation) officially released the "2023 Shenzhen Top 500 Enterprises List" and the "2023 Shenzhen Top 500 Enterprises Development Report".

 

According to the statistics from 2FIRSTS, a total of 14 e-cigarette companies have entered the top 500 enterprises in Shenzhen in 2023.

 

2FIRSTS has compiled a comparison of the rankings of e-cigarette companies that made it to the top 500 in Shenzhen for 2023, highlighting the changes compared to last year.

 

Shenzhen Top 500 Witnesses Shifts among E-cig Firms: 2 Drop Out, 2 Advance, 9 Ascend and 3 Descend
Shenzhen Enterprise Federation | Sorted by 2FIRSTS

 

Through analysis and comparison, 2FIRSTS has found that among the 14 e-cigarette companies listed in the top 500 companies in Shenzhen in 2023, 9 of them have witnessed a rise in their rankings. Among them, Heaven Gifts Technology Co., Ltd., based in Shenzhen, experienced the largest increase, climbing 132 spots to claim the 135th position.

 

Furthermore, two other companies experienced a decrease in rankings.

 

  • Shenzhen RELX Technology Co., LTD., down 162 to 262 (the largest decline);
  • Shenzhen Smoore Technology Co., Ltd. has dropped from 21st to 116th position
  • Shenzhen Jinjia Group Co., Ltd. has dropped from 8th to 178th position. 

 

In a comparative analysis conducted by 2FIRSTS, it was found that 2 companies made it to the list in 2023 but were not included in the ranking in 2022. These companies are:

 

  • Shenzhen Zinwi Bio-tech Co.,Ltd.
  • Shenzhen Itsuwa Technology Inc. (833767)

 

Two e-cigarette companies failed to make the list in 2023 after being included in it in 2022:

 

  • Shenzhen IVPS Technology Co.,Ltd.
  • Shenzhen MASON Vap Technology Co., Ltd.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


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