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5 e-cigarette related companies listed in Shenzhen Top 500

On October 20, the “2020 Shenzhen Top 500 Enterprises” list was released. This list is compiled and released by Shenzhen Enterprise Confederation and Shenzhen Entrepreneurs Association in accordance with international regulations. It is an authoritative list that reflects the status, achievements and future development trends of Shenzhen enterprises in a comprehensive, systematic and on-site manner based on the production and operation indicators of selected enterprises.

The regional characteristics of the 2020 Shenzhen Top 500 Enterprises are obvious. Take Nanshan District as an example. As the area with the largest number of Shenzhen Top 500 Enterprises in 2020, Nanshan District has 154 enterprises; Futian District has 33 enterprises in the top 100 Shenzhen Enterprises in 2020, which is the district with the largest number of top 100 enterprises. The number of top 100 companies in the district of Baoan, Longgang District, Guangming District, Longhua District, and Pingshan District has increased; the finalists in Luohu District have remained unchanged for two consecutive years; the average operating income of enterprises in Yantian District has exceeded 60 billion yuan, the highest in each district; Longhua District average operating income of enterprises has grown the fastest; the industry in Guangming District has changed significantly, and the number of manufacturing and high-tech enterprises has increased significantly.

Rank
Company
Turnover (RMB)
92 Smoore 7.52 billion
148 Jinjia Group 3.98 billion
213 Smok 2.44 billion
416 Boton Flavor 0.63 billion
448 Innokin 0.48 billion

The list shows that five companies related to e-cigarettes, Smoore, Smok, Innokin, Jinjia Group, and Boton Flavor are among the top 500 enterprises in Shenzhen. For the e-cigarette industry, this is an exciting event.

Compared with the list of “2019 Shenzhen Top 500 Enterprises”, Smoore’s results are amazing!

In the 2019 ranking list, Smoore ranked 168th with an operating income of 3.4 billion yuan in 2018. In the 2020 ranking list, Smoore ranked 92nd with an operating income of 7.5 billion yuan in 2019. It can be seen that Smoore doubled its turnover in 2019 and increased by 120%, and the ranking has risen to 76 places, making it into the top 100.

SourceIECIE
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The author who has 5 years of experience writing on vapes, stays in Shenzhen and follows the origin of vapes closely. He distributes the earliest vape news & reviews from most authoritative vape insiders. DISCLAIMER

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