Zhitong Finance learned that the State Tobacco Monopoly Administration issued answers to questions related to administrative licensing and product technical evaluation of e-cigarettes, revealing that in the near future, it will examine and approve and issue a number of tobacco monopoly production enterprise licenses of e-cigarette-related production enterprises that meet the administrative license conditions. Analysts at Zheshang Securities also said that under stricter standards and norms, brand leaders with strong technical strength are still worthy of attention.$Smoore International Holdings Limited (06969.HK) $Long-term value.

At present, the main function of the national unified e-cigarette transaction management platform has been completed and will be officially put into operation on June 15. At that time, market entities such as nicotine production enterprises for e-cigarettes, atomization production enterprises and e-cigarette production enterprises that have obtained tobacco monopoly licenses in accordance with the law should gradually go to the platform for trading and settlement.

On May 27, the Office of the State Tobacco Monopoly Bureau and the General Office of the State Administration of Market Supervision and Administration issued the Circular on standardizing the Inspection and testing of E-cigarettes to further strengthen the supervision of E-cigarettes and ensure the quality and safety of E-cigarette products. standardize the work related to the inspection and testing of e-cigarettes.

According to the Blue Book of 2021 E-cigarette Retail format jointly issued by Volume think Tank and IECIE, by the end of 2021, there are about 190000 e-cigarette retail outlets in China, including about 55000 professional e-cigarette stores. In terms of quantity, the e-cigarette retail license planning issued by Zhongyan in each province is basically in line with the law of stock replacement, and a specific number of 29 provincial license plates of 48740 have been announced.

Zheshang Securities believes that the landing of domestic e-cigarette policies and measures is being methodically promoted, and from the perspective of regulatory attitude, it is more moderate than previously pessimistic market expectations. Analysts at Zheshang Securities also said that under stricter standards and norms, brand leaders with strong technical strength are still worthy of attention. Attach importance to the long-term value of Smoore International Holdings Limited (06969). At the same time, focus on the high-quality target of the tobacco industry chain Jinjia shares (002191.SZ), Huabao International (00336) and so on.