The vapor product industry has been continuously developing and reaching new heights. Today, one of the world’s largest e-cigarette equipment providers has become the first e-cigarette company listed in Hong Kong. More famous is Vaporesso, whose parent company Shenzhen Smoore Technology LTD. has announced an initial public offering (IPO) in Hong Kong, with a total market value of more than 21.8 billion US dollars, which is three times the pre-IPO valuation.
Smoore submitted a listing application to the Hong Kong Stock Exchange in the name of the holding company “Smoore International Holdings Limited” on December 19, 2019. At 9:30 on July 10, 2020, Smoore International (6969.HK) was officially listed on the Hong Kong Stock Exchange.
The world’s largest e-cigarette device manufacturer leads the market with its brand of innovative products, constantly working to improve the status quo, and is committed to bringing a unified and complete standard for the entire e-cigarette industry. The Hong Kong listing provides strong support for Smoore to set industry benchmarks. Smoore employs more employees in the R&D field than in the sales team. The company focuses on innovation.
According to Frost & Sullivan, with 14 years of experience in the OEM/ODM field, there is no doubt that Smoore’s turnover accounted for 16.5% of the total market share, according to market statistics in 2019. Smoore is synonymous with high quality. It already has expertise in heating element technology. This technology has been applied to sub-brand products, giving them the same innovation and safety.
As one of the sub-brands, Vaporesso inherited the spirit of Smoore and integrated it into the mission of becoming Beyond the Ordinary. With its most advanced ingenuity, VAPORESSO is committed to providing a high-quality e-cigarette experience to satisfy its customers. VAPORESSO products, such as VECO, ZERO, LUXE, and GEN series, these products cover all open system vape and meet the various needs of vaper.
This article is issued by Guide to Vaping.