We are the No.1 branded e-vapor company in China, capturing 48.0% and 62.6% of the market share of closed-system e-vapor products in terms of retail sales value in 2019 and the nine months ended Sept. 30, 2020, respectively, according to the CIC Report. We deeply engage in the key activities in the e-vapor industry, from scientific research, technology and product development, supply chain management, to offline distribution. According to a survey conducted in September 2020 by CIC, we ranked 1st in terms of brand awareness, as evidenced by a mindshare of 67.6% among users of e-vapor products in China.
We leverage our strong in-house technology and product development capabilities and in-depth insights into adult smokers’ needs to develop superior e-vapor products. Since our inception, we have launched five series of closed-system rechargeable e-vapor products with various value-added features.
|Address||5/F, Block B, Baifu International Building, Chaoyang District, Beijing 100027, People's Republic of China|
|Phone Number||+86 10 8648-3831|
|View Prospectus:||RLX Technology|
|Revenues||$400.0 mil (last 12 months)|
|Net Income||$9.0 mil (last 12 months)|
|Price range||$8.00 - $10.00|
|Est. $ Volume||$1048.5 mil|
|Manager / Joint Managers||Citigroup|
|Expected To Trade:||1/22/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|