By Chris Wack


RLX Technology Inc. shares were up 6%, to $2.17, after the company said one of its subsidiaries has obtained a license for manufacturing enterprise in China.

The company said the license from the Department of Tobacco Monopoly Administration under the State Council of China allows it to own the RELX brand 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 million units of e-vapor rechargeable devices per year, 328.7 million units of cartridge products per year, and 6.1 million units of disposable e-vapor products per year.

The valid term for the license is from July 18, 2022, to July 31, 2023.

Since the first quarter of 2022, the relevant government authorities in China have issued a series of implementing rules and guiding opinions to strengthen oversight of e-cigarette products and regulate the e-cigarette industry. These rules and opinions set forth that, among others, all e-cigarette manufacturing enterprises must apply with the State Tobacco Monopoly Administration and obtain a license for manufacturing enterprise.


Write to Chris Wack at chris.wack@wsj.com


(END) Dow Jones Newswires

07-22-22 1005ET