Recently, the Hurun Research Institute released the "Hurun China 500 2024" (the list of top 500 private enterprises in China by Hurun). As a leading enterprise in the global e-cigarette atomization industry, Smoore International successfully made it onto the list. With a corporate valuation of 55.5 billion yuan, it ranked 211st, advancing 102 places compared to last year.

From the Industry Perspective


The e-cigarette atomization industry has witnessed rapid development in recent years, attracting numerous enterprises to enter the market, and thus the competition has become fierce. The core competitiveness of Smoore International lies in its R&D and innovation capabilities. It far exceeds its peers with a professional R&D team and advanced R&D equipment, constantly exploring new atomization technologies and materials. For example, its developed ceramic atomization technology has significantly improved in terms of taste, vapor production, and stability compared to the cotton-core atomization technology. This not only provides users with a better experience but also gives the company an edge in market competition.


Regional Development Advantages


Smoore International is headquartered in Shenzhen, which has the world's most complete e-cigarette industry chain. Among the Hurun China 500 list, 49 enterprises are from Shenzhen. Moreover, Shenzhen's Bao'an District has nurtured 5 powerful enterprises, including Smoore International. This regional advantage provides Smoore International with sufficient talent, technology, and capital support, as well as convenient supply chain services.


Future Development Challenges and Opportunities


Despite its remarkable achievements, Smoore International still faces some challenges. The e-cigarette atomization industry is subject to strict regulatory policies globally. There are significant differences in policies regarding e-cigarette atomization products among different countries and regions, which brings certain difficulties to Smoore International's overseas market expansion. Some countries have strict restrictions on the ingredients, advertising, and sales channels of e-cigarette atomization products, and some even ban their sales. However, Smoore International also has many opportunities. With the global consumers' pursuit of a healthy lifestyle, e-cigarette atomization products, as alternatives to traditional tobacco, are expected to see further growth in market demand.


Source: Aibang Integrated Compilation

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作者 xie, yao

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