Shunhao Co., Ltd.: Due To National Policies, It Is Temporarily Unable To Carry Out HNB Electronic Cigarette OEM And Export Business

Shunhao Co., Ltd.: Due to national policies, it is temporarily unable to carry out HNB electronic cigarette OEM and export business

Shunhao Co., Ltd. stated that due to the impact of national policies on the production and operation of electronic cigarettes, it is currently unable to carry out OEM and export business of heated non combustible electronic cigarette cartridges in China. In the future, the company will continue to pay attention to relevant national policies and continuously improve the layout of electronic cigarettes in the production, branding, contract processing, export and other industrial chains

Recently, an investor asked Shunhao Co., Ltd. (002565. SZ) on the investor interaction platform whether the company has cooperation with international tobacco companies such as British American Tobacco, Japan Tobacco, and Korean Tobacco in tobacco packaging, electronic cigarette devices, and cartridges. They also asked if the company's controlling or participating subsidiaries have OEM and export business for HNB electronic cigarette cartridges. At the same time, investors are also concerned about whether Shunhao Shares has established business partnerships with Philip Morris International and Imperial Tobacco.

In response to this, Shunhao Shares responds as follows:

The customer you mentioned in question one has a cooperative relationship with our company in the packaging field;
Due to the impact of national policies on the production and operation of electronic cigarettes, it is currently not possible to carry out OEM and export business of heated non combustible electronic cigarette cartridges in China. In the future, the company will continue to pay attention to relevant national policies, continuously improve the layout of electronic cigarettes in the production, branding, contract processing, export and other industrial chains, take advantage of industry development opportunities, fully leverage brand and production processing technology advantages, and strive to gain more market share for the company;
As of now, the company has not reached any business cooperation with the clients you mentioned in question three. Please pay attention to the regular reports disclosed by the company on designated media regarding the specific situation of the company's clients and partners.