RLX - RLX Technology gets license for manufacturing enterprise in China

July, 22 2022 07:45 AM RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A

RLX Technology ( NYSE: RLX ) shares gained ~2% pre-market on Friday after the Chinese e-vapor company received a License for Manufacturing Enterprise from the State Tobacco Monopoly Administration in China.
The license allows the company to own and manufacture RELX branded e-vapor rechargeable devices, cartridge products, and products sold in combination with e-vapor rechargeable devices and cartridge products in compliance with China's Administrative Measures for E-Cigarettes.
The approved manufacturing capacity is 15.05M units of e-vapor rechargeable devices per year, 328.7M units of cartridge products and 6.1M units of disposable e-vapor products per year.
The valid term for the license obtained is from July 18, 2022 to July 31, 2023.

For further details see:

Company Name:	RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Stock Symbol:	RLX
Market:	NYSE
Website:	relxtech.com