The Zhitong Finance App learned that SMOORE International (06969) rose more than 5% in early trading. As of press release, it rose 3.85% to HK$8.77, with a turnover of HK$22.833,900.

According to the news, four fruit-flavored British and American tobacco products have been officially launched. It is planned to sell to about 25,000 retail outlets in September and add about 25,000 more in November. It is expected that Smore Q3 has achieved new product delivery. As of September, Glo's share of the Japanese high-end HNB market was about 3.5%. Furthermore, according to the announcement, the company Q3 has established a partnership with a new tobacco customer to provide them with a comprehensive HNB solution.

Huatai Securities pointed out that looking ahead, we believe that changes in global regulatory policies will benefit compliance leaders, and the company's main atomization business is expected to benefit; the HNB business is steadily advancing the “multi-customer+multi-product” commercial platform layout; optimistic about the company's atomization technology and heated tobacco technology solution platform value, and maintaining a “buy” rating.

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