Shunhao Unable to Proceed with HNB E-Cigarette Manufacturing and Export Business Due to National Policy Restrictions

Nov.07.2024

Shanghai Shunho New Materials Technology Co., Ltd stated that due to national policies on e-cigarette production and operation, it is currently unable to carry out OEM and export business for heat-not-burn (HNB) e-cigarette cartridges domestically.

Recently, investors inquired on an investor interaction platform about Shanghai Shunho New Materials Technology Co., Ltd (002565.SZ): whether the company has any collaborations with international tobacco companies like British American Tobacco, Japan Tobacco, and Korea Tobacco in terms of tobacco packaging or e-cigarette devices and pods.

They also asked if the company's controlling or participating subsidiaries engage in OEM and export of HNB e-cigarette pod business. Additionally, investors expressed interest in whether Shunho Corporation has established business partnerships with Philip Morris International (PMI) and Imperial Tobacco.

In response, Shanghai Shunho New Materials Technology Co., Ltd. provided the following statement:

The client mentioned in your first question maintains a cooperative relationship with our company in the packaging field.

Due to national policies on e-cigarette production and operations, it is currently not possible to carry out OEM and export business for heat-not-burn (HNB) e-cigarette cartridges domestically. The company will continue to monitor relevant national policies in the future and will work on strengthening its presence in the e-cigarette industry chain, including production, branding, OEM, and export. Leveraging industry development opportunities, the company aims to maximize its brand and technical processing advantages to secure a greater market share.

As of now, the company has not entered into any business cooperation with the client mentioned in your third question. For specific information regarding the company's clients and partners, please refer to the periodic reports disclosed by the company in designated media channels.

References:

[1] 互动易

#E-cigarettes #Asia #China #Major companies

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

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

2Firsts Observation｜PMI Launches IQOS ILUMA i × SELETTI Limited Edition at Dubai Airport

2Firsts observed that Philip Morris International (PMI) has set up a large-scale IQOS display at Dubai International Airport’s duty-free area, featuring the TEREA tobacco stick series with promotional offers. The brand also showcased its limited-edition collaboration with Italian design house SELETTI — IQOS ILUMA i × SELETTI — further strengthening its premium image through artistic design.

Nov.13 by 2FIRSTS.ai

SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year

Yinghe Technology (SZ: 300457), parent company of SKE, saw Q3 net profit plunge 80.3% to 31.06 million yuan, while revenue rose 22.85% to 2.52 billion yuan. The decline was mainly driven by higher costs and expenses.

Oct.28 by 2FIRSTS.ai

Philip Morris International and an Italian Design Brand Launch Limited-Edition IQOS Collaboration, Debuting in Japan Before Expanding to 13 Travel Retail Markets

Philip Morris International (PMI) has partnered with Italian design brand Seletti on a limited-edition IQOS collaboration, unveiled at Milan’s Pirelli HangarBicocca. The collection features two models, launching first in Japan before rolling out to 13 global travel retail markets. PMI says the partnership leverages design and cultural storytelling to advance its smoke-free transition.

Oct.28 by 2FIRSTS.ai

Germany OLG Cologne: Touchscreen Vape Use Violates Driving “Phone Ban”

Germany’s OLG Cologne ruled that adjusting an e-cigarette touchscreen while driving violates the “phone ban” under road traffic law. The driver, caught changing vape settings on the highway, was fined €150 and received one penalty point, as the court said such actions pose significant distraction risks.