YingheTech’s Subsidiary SKE Finds UK and European Market Well DevelopedArvin Peh
Yinghe Technology’s subsidiary SKE is expanding its e-cigarette business in Europe, while maintaining dominance in lithium battery market.
On June 26th, listed company Yinghe Technology responded to investor inquiries on a Q&A platform, stating that its subsidiary Shenzhen SKE Technology Co., Ltd. is engaged in the e-cigarette business. SKE has been vigorously promoting its own brand since 2022 and has achieved good development in the brand business in the UK and other European countries with its product and technology advantages.
The following is the original text of the Q&A session.
？ Question: The current market is concerned about potential overcapacity in the lithium battery industry. What is your company’s perspective on this issue? Does your company have any business layout or strategic planning outside the lithium battery industry?
The company responded by saying that in the lithium battery business, while maintaining a leading market share domestically, it will continue to expand overseas markets and actively seize development opportunities brought about by new technologies and structural demand growth. In the non-lithium battery business, its subsidiary Shenzhen SKE Technology Co., Ltd. is engaged in the e-cigarette business. SKE has been vigorously developing its own brand since 2022, leveraging its product and technology advantages to achieve good development in the brand business in the UK and other European countries. In addition, the company has been actively researching and exploring new fields in order to achieve diversified business development, although no specific new fields for expansion have been determined at this time. Please continue to follow us. Thank you!
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