- According to the performance report of Smoore International in the first half of 2024, the group achieved sales revenue of approximately RMB 5,037,242,000 during the review period, a year-on-year decrease of approximately 1.7%, and gross profit of RMB 1,914,597,000, a year-on-year increase of 3.2%. According to the report, the revenue structure of Smoore’s business has changed, and the proportion of its own brand business has increased to 22%. In addition, the growth ofpod vapes in markets such as Europe is difficult to offset the decline of disposable vapes.
- On August 20, the State Tobacco Monopoly Administration of China issued the “Revised Implementation Rules for Technical Review of Vapes”, aiming to further standardize the technical review management of vapesand improve the level of supervision. The rules cover the scope of application, application conditions, review process, etc. of technical review to ensure the legality and safety of the vapemarket.
- The vapebrand VOOPOO will launch the DORIC60Pro vapewith PnPX technology in France, which supports DTL/MTL mode switching and has a rotary lock switch.
- The North Ayrshire Police in the UK jointly carried out multi-party operations and seized illegal nicotine products worth 24,500 pounds, including cigarettes, tobacco bags and counterfeit vapes.