According to the CPPCC, Simo International announced on the Hong Kong Stock Exchange. According to the initial understanding of the Group, the Group accepted the production, selling electronic cigarettes, or exporting electronic cigarettes in China in China without paying consumption tax.

In the third quarter of 2022, about 22%of Simo Group's revenue came from domestic (unsolved from direct customer export sales for domestic export traders). Regarding the consumption tax of electronic cigarettes, the group expressed its resolute support and support, and the group believes that the policy is conducive to the sustainable and healthy development of the industry.