On September 3, Guolonghui reported that the stock of vapor core technology (RLX.US), a concept stock of electronic cigarettes, rose 4.7% before the market opened and reached $1.77. On the news front, on the 2nd, the State Tobacco Monopoly Administration issued a notice on the revision and issuance of the regulations on the management of electronic cigarette transactions, which mentioned that the competent department of the State Council for tobacco monopoly administration should establish a unified national electronic cigarette transaction management platform. Tianfeng Securities pointed out that the export volume of electronic cigarette products is maintaining a growth trend, with significant growth in emerging markets.