Recently, an investor on an interactive platform asked Shunho Corporation (002565.SZ) about the company's latest initiatives in the e-cigarette sector. In response, Shunho Corporation stated that the company has established an industry system for new tobacco products through wholly-owned, controlling, and participating subsidiaries.
At present, the company's holding subsidiary Shenzhen LvXinFeng, equity subsidiary Meizhonglian, and wholly-owned subsidiary Shunho Yilong have all obtained the "Tobacco Monopoly Production Enterprise License." Among them, Shunho Yilong's "Yilong" brand e-cigarette has successfully launched in some retail stores in Beijing, Shenzhen, and Shanghai.
Shunho Corporation stated that obtaining the relevant licenses mentioned above has further contributed to the company's compliance layout in the new tobacco industry.
The company stated that in the future, it will focus its efforts domestically to promote the "Yilong" brand for listing and sales, actively seek cooperation with domestic tobacco clients, while vigorously expanding its overseas processing and export business, establishing a sound overseas sales network, and continuously exploring overseas business development models.
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