IQOS OEM Yingqu Technology: Providing Complete Electronic Cigarette Machines And Components To Customers

IQOS OEM Yingqu Technology: Providing complete electronic cigarette machines and components to customers

Yingqu Technology said that the company mainly provides customers with electronic cigarette complete machines and components.

Recently, an investor asked Yingqu Technology (002925.SZ) on the investor interaction platform: Does your company have products related to electronic cigarette electronic screens?

In response, Yingqu Technology said that the company mainly provides customers with electronic cigarette complete machines and components.

Previously, Yingqu Technology said in response to investors' questions that the main reason was that with the change of customers' development strategies, the third-generation electronic cigarette products are gradually switching to the fourth-generation products, and the company's original revenue from supplying plastic parts for the third-generation products has declined. The company's core components and complete machines mainly supply customers' fourth-generation products, which have been successfully pushed to mass production and shipment, further building a "parts + components + complete machine" business system.

It is reported that in 2014, Yingqu Technology cooperated with Venture, a supplier of tobacco equipment for Philip Morris International's new heat-not-burn tobacco brand IQOS. Since then, Yingqu Technology has become its supplier of precision plastic parts.