The Zhitong Finance App learned that Smore International (06969) is now up more than 5%, and has risen more than 20% in the past five trading days. As of press release, it rose 4.74% to HK$8.4, with a turnover of HK$805.97 million.

According to the news, Smore International announced that it was informed by EVE BATTERY, the controlling shareholder, that its parent company Everweft Asia has repaid all outstanding amounts under loan financing granted by China Construction Bank (Asia). Therefore, according to the relevant pledge agreement, all of its 300 million company shares (accounting for about 4.89% of the issued share capital) have been released and withdrawn.

Shen Wan Hongyuan pointed out that in overseas markets, the company's gross margin was reduced in the short term due to factors such as benefiting customers and expanding new disposable e-cigarette businesses; the medium- to long-term compliance process in overseas markets continued to advance, non-smoke-free deployment accelerated, and the company's share increased smoothly. In the domestic market, new regulations on e-cigarettes have officially been implemented, and there is a clear trend of concentrating production capacity at the top of the new national standard. Looking at the general trend of increasing the penetration rate of new types of tobacco in the long run, the scale of domestic business revenue is expected to gradually expand.