Consumer Discretionary Jul 20, 2021 06:46 PM (GMT+8) · EqualOcean
On July 20, yiyatong signed a strategic cooperation agreement with hiwu, an electronic aerosol cigarette brand, in Shenzhen. As the exclusive general agent of hiwu in China, yiyatong will arrange the national market of hiwu, and is expected to open up more than 3000 hiwu life experience museums and 30000 retail outlets in 2022. It is reported that Xiwu was founded by Xing Chenyue, a doctor of chemical engineering at the University of California and inventor of nicotine salt. The R & D headquarters of the company is located in Silicon Valley of the United States. In 2020, nicotine x, the next generation of nicotine salt, has been launched. Its new non nicotine salt formula, nicotine y, will be put into trial production by the end of 2021. Yiyatong is a well-known integrated supply chain operation service provider, serving more than 100 global top 500 and more than 2600 famous brands at home and abroad, distributing more than 400000 kinds of goods, and its business scale will reach 100 billion yuan in 2020.

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