Recently, thanks to the issuance of electronic cigarette tax announcements, the stock price of electronic cigarette giants Simo International and Wuscin technology has skyrocketed. Simo International has risen from the lowest 7.44 Hong Kong dollars to HK $ 11.58; Pull to up to $ 1.78.

From the long -term perspective, although the market value of electronic cigarette companies is still far from the high point, this time it is also the most obvious confidence to boost after the industry chaos regulatory intervention.

The announcement pointed out that the electronic cigarette was included in the scope of consumption tax collection and added electronic cigarettes to the smoke tax. This means that the electronic cigarette industry will be more standardized in the future, and head players may find first -line vitality.

In addition, before the stock price of electronic cigarettes soared, a new crown vaccine was launched in Shanghai on October 26. It is understood that this vaccine only needs to inhale the atomization vaccine, and the screen gas can be completed in 5 seconds. The atomization technology is the same as that of the atomization technology of the electronic cigarette. Therefore Unknown relationship.

01 Quit smoking and enlightenment

People often ask electronic cigarettes how long they can live. Throughout the history of this industry, they seem to be crumbling, but they are solid.

In 2003, Han Li, the "father of electronic cigarettes," helped the world to "quit smoking" and officially opened the prelude to modern e -cigarettes. However, since the first e -cigarette "smoke" was born, people may never think that this product born to reduce harm can develop into a huge industry in the future.

At that time, the European market was more open than domestic. The tobacco giants such as Fimo, Roderla, and Renault American American US were watching a large number of cheap labor in China, and they entered the establishment of factories in China and pushed e -cigarettes to internationalization. And this not only sufficient overseas markets, but also forcing the domestic electronic cigarette market to be further opened. Under the influence of "electronic cigarette harmful ingredients lower than cigarettes" in a large number of smokers, a large number of smokers purchased electronic cigarettes, among which the subsidiaries of Wusin Technology's subsidiaries accounted for 60 % of the market.

After the pancakes are large, they are all loopholes. The industry has been out of control for a long time. It is even more chaotic and mixed.

The direct reflection is that many merchants sell electronic cigarettes into the hands of minors. Although electronic cigarettes are less harmful and nicotine is non -toxic, its addiction is even more addictive than cigarettes. Children and adolescents are easily affected by nicotine, which is easier to dependence than adults. This also allows the assistant to help adults to quit smoking, which has gradually become a tool for "enlightenment" for minors smoking.

In addition, the good and bad of enterprises and products are different, and there are serious quality and safety hazards such as unsafe ingredients, leaks of oil, and inferior batteries.

According to Tianyancha, during the peak period, there were more than 150,000 companies in my country or electronic cigarette -related enterprises with "electronic cigarettes and electronic atomizers" in China. The quality is also uneven. Various types of electronic cigarette products circulating are even more stunned in the selection of raw materials, additives, process design, and quality control.

For example, there are places in Longgang and Baoan. Since 2018, hundreds of small production plants have exported nearly millions of "three -free products" daily. In addition to the rampant micro -business, the market is chaotic. Some merchants borrow the names of electronic cigarettes to sell illegal electronic cigarettes, electronic cigarettes, etc., and make illegal discipline.

In addition, major enterprises to compete for market share, increase product attraction, and add various additives to change the taste of electronic smoke and the color of smoke oil, highlighting different flavors.

According to statistics from the Beijing News, only 90 flavors are carved with only one family, including 11 types of tobacco flavors, and 69 flavors of magic flutes, including 3 types of tobacco flavors. And a large number of manufacturers in the entire market, there are countless flavors of output, which has caused smokers from "smoking addiction" to "taste", "nicotine addiction" to "taste addiction", and even the "sweet taste" that adults are difficult to resist. The temptation makes it more difficult to resist the teenagers who have infinite desire to explore fresh things and taste experience. Therefore, the taste of electronic smoke is constantly refreshing, which contains the potential meaning of inducing young people to smoke.

For any industry, supervision has never been a bad thing. The worst is that there is no supervision. When it is weak and chaotic, no one asks, and the development until the scale does not allow existence. For more than 40 years of reform and opening up, in the process of establishing a market, in the process of being created and popularized by various technologies, products and models, most of the industries with scale are inseparable from this process today.

The same is true of the electronic cigarette industry. In 2018, the state regulatory authorities issued the "Notice on Prohibiting the Sale of Electronic Cigarettes to Minors" to remove the audience of the vulnerable group out of the electronic cigarette; "Notice from electronic cigarettes", the marketing channel of electronic cigarettes in the Internet industry has been released; in 2022, the "Administrative Measures for Electronic Cigarettes" was also released, which clearly stated that electronic cigarettes should not show other flavors of tobacco.

All of this is the chaos of the electronic cigarette, making it move closer to regular cigarettes. The ancient waves of big waves, now the big waves are "smoke". After three supervision of the screening and correction, the electronic cigarette track has finally waited for the "tax" level, which can be considered as the life and death line.

On October 28 this year, the news of incorporating electronic cigarettes into tobacco taxes was like a faint light, which reflected in this hard track. In the early days of the development of electronic cigarettes, it was inseparable from foundry and trade in the sea, but fortunately, the electronic cigarettes finally did not fall into the end of the sea without a "name".

In the name of taxation, the electronic cigarette was officially classified into the tobacco industry, moved closer to cigarettes, and competed on the same stage. In addition, the tax adjustment is not inside, and the export tax refund of the electronic cigarette enterprises has also given players to have a chance to breathe and spend the final rectification. Even if this will lose a lot of needs for the need for a large number of unique flavors, it may not be able to win the love of the Chinese in the future, so as to get Nirvana and get the blue ocean. At present, this time the stock is quickly pulling, indicating that the market is also willing to believe that the electronic cigarette industry can grasp the last hope and continue to write the story.

02 How much imagination is the electronic cigarette?

In addition to market supervision, another good news is that on October 26, 2022, Shanghai officially launched inhalation of restructuring new crown virus vaccines (5 adenovirus vectors) to strengthen immunity.

According to Kangshino, this atomization vaccine was innovated on the basis of "Sominioplasty Virus Virus Virus Carrier New Crown Vaccine", which was launched in 2021. Small particles complete the vaccination by inhaling the oral cavity. There is no need for acupuncture in the vaccination process. It can obtain high -efficiency immune protection in one call and one inhalation, which is equivalent to the enhanced upgrade version of muscle injection vaccine.

Although the research after vaccination shows that the incidence of adverse reactions who accepts the atomized vaccine participants is lower than the participants who receive an enhanced vaccine enhanced vaccine, but their domestic reputation is still two levels of differentiation:

Supporting people start from the actual effect. They believe that no muscle injection can provide more people to take vaccination, and follow the natural infection of the respiratory tract, which can simulate the immune response after natural infection. Symptoms are more infected;

From a technical perspective, the dying person believes that the antibody IgA with the excitation of mucosa immunization faster in the body, and it is just simulation of the original virus. Nowadays, the virus of the new crown is rapid and the follow -up effectiveness is still unknown.

Even so, the market's sense of smell is still unwilling to let go of a trace of commercial atmosphere. As soon as the atomization vaccine was launched, the concept of atomization was fired. The giant wheel cannot be drawn. Since April 1, 2020, Simo International and American Biopharmaceutical Company AIM Immunotech signed the "Material Transfer and Research Agreement", Simo and AIM's reports of anti -new crowns have never stopped.

However, in fact, while the capital market is blindly profitable, whether Simo's atomization technology meets the inhalation research conditions of the "new crown vaccine", there are still many questions.

The most intuitive, Simo is indeed specialized (electronic cigarette) atomization technology, but its principle is to heat boiling atomization, that is, the use of ceramic cores to absorb the oil in the oil compartment to heated to the heating film to boil, producing atomization, and generates atomization Steam, even its latest generation of ceramic technology "Feelm Air", is still within this framework.

Whether it is a centrifugal atomization of medical wine spray, asthma spray, ultrasonic atomization of the humidifier, or the compressed atomization of medical compression atomizer, almost all common medical atomization schemes on the market are on the market are all on the market. Mechanical principle atomization. For example, according to reports of this vaccine, the most important atomizer machine is a sieve-type atomizer developed by Ireland's medical device manufacturing company "AE-R-O-G-En". 10,000 times of high -frequency vibration, making 3 microns of pharmaceutical gas solids, directly reaching the lungs.

At present, there are three major medical companies in China, which can have this ability in China. It is still unknown whether the new crown vaccine can maintain the original efficacy after heating, so if Simer cross -border is allowed to do related products, the competitiveness of the competitiveness needs to get a question mark.

But whether you can do and want to do two different things. In fact, the grass snake -snake gray line that Simer lay out of medical treatment may begin earlier, such as Simer's previous patent -authorized steamed ultrasonic ultrasonic atomized eye meters. According to the first half of the financial report released on August 25, 2022, this year's R & D investment further expanded. In the first half of the year, R & D expenditure increased by 155.7%to 604 million, accounting for 10.7%of the revenue. It is estimated that the annual R & D expenditure will reach 1.68 billion yuan, which will exceed the sum of R & D investment in the past 6 years.

Judging from the specific investment of these expenses, it mainly flows to three aspects: new tobacco, beauty, and medical care. During the financial report meeting, Chen Zhiping, chairman and president of Simo Group, once said, "Medical atomization has just begun, it needs to be continuously invested and explored, and there are many places to be perfect in existing electronic atomizer products." In fact, in Simo, in the current Simoore currently The research on asthma and slow pulmonary medical atomization products, which is used, is a common ultrasonic atomization and compressed atomization technology used. It has reached joint research and development with drug manufacturing companies. Once the approval is approved, it is expected to be available in the next few years.

Therefore, what Simo can do may not be as much as expected. If you enter other atomization fields from zero, the too wide moat, and the giants in the original field are suppressed, the future development prospects may not be optimistic. If it is used to replace the primary atomization solution in some areas, there may be a certain operating space, but there is still a long time, but the medical product listing cycle is extremely long, so the imagination of the future of Simer Medical atomization should not be too exaggerated.

In fact, in the past two years, there are not a few companies that cross -border epidemic business. For example, BYD's use of BYD Baolong Industrial Park in Longgang District, Shenzhen. After the epidemic, the production line was rebuilt. It only took more than a month to achieve mass production of masks. According to BYD's first quarter financial report, BYD Electronics made a profit of 657 million yuan in the first quarter, an increase of 69%year -on -year, of which 269 million yuan was made by selling masks alone. And Haier's nucleic acid testing warehouse also sold an average price of 46,800, which only purchased over 600 million yuan in Henan.

There are countless examples of the same type. Online, the office of the office, the company's WeChat, the flying book, the short videos and games of the Meituan and the entertainment attributes of the takeaway have gained unexpected growth. A large number of users who were originally transformed by long tails The "pumping pump" in Taiwan was injected into various Internet platforms in advance. In this context, e -cigarette companies want to share a share, and it is not difficult to understand the business scriptures of cross -border vaccines.

03 Write at the end

Although the supervision is good, it is bound to have pain in the fast knife. Perhaps some companies will be unbearable, but this is the only way for the industry to enter the mainstream and integrate the mainstream. Only at this moment can we be considered a foothold in the future.

In addition, atomizing vaccines may help it, but the use of this vaccine is yet to be discussed. It may be easier for ordinary medical illnesses. It is not easy to participate in the cause of anti -epidemic. Moreover, from the perspective of industrial development, enterprises also need to develop to more sustainable industries.

Electronic cigarettes can find new ways and new curves. Wurm technology can really take root in medical treatment to benefit the people. It is also a kind of beauty. If it is just a hot topic and the fortune of the country, it is better to return to the heart, and it is better to "quit smoking" honestly.