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    6969   KYG8245V1023

SMOORE INTERNATIONAL HOLDINGS LIMITED

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Smoore International : VAPORESSO Sponsored 'Modfather Vapes' East Lancashire Hospice Charity Night

11/12/2020 | 02:17am EST

SHENZHEN, China, Nov. 12, 2020 /CNW/ -- On Friday 30th Oct. 2020, an internationally renowned vaping brand, VAPORESSO, sponsored a charity auction night held by local vaping store, Modfather Vapes, in honor of East Lancashire Hospice. The event was held via livestream on the Modfather Vapes' official Facebook page and featured a number of interesting challenges and an auctioning off of vaping equipment in order to raise money to provide care and financial support to people in need.

"The money raised for the hospice will go towards helping many people and their families. We are a company that prides itself on giving back to our community and we look forward to doing it again. We hope, in this way, we can help out those in need," the owner of Modfather Vapes said.

According to the feedback received by the hosting team, the event was very well-received. People love to help others, and this was an ideal way for them to show their kindness whilst also receiving vaping devices at a discounted price. The live show lasted for 7 hours and was attended by more than 2,000 people who made over 2600+ comments. The event raised a significant amount of funds, which had been donated to the East Lancashire Hospice.

As the main event sponsor, VAPORESSO fully supported Modfather Vapes in their hosting of the event and offered to provide the most updated vaping products for auction in the charity sale. The night was a great success and Modfather Vapes have decided to frequently host similar livestream shows on their official Facebook page to raise funds for the other needy institutions.

Owned by global vaping R&D giant and the vaping industry's first publicly listed company, SMOORE International, VAPORESSO has inherited the company's sense of responsibility. VAPORESSO shows great passion for making contributions to society, not only through its innovative and high-quality vaping products but also by giving back to communities in need. During the pandemic, VAPORESSO utilized its POWERSHOP channel to help international partners and local stores in the UK get through the testing times.

Regardless of industry or company, this year is destined to be an unusual year all round. Only with a strong sense of social responsibility and a willingness to support each other, can we overcome these difficulties together.

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/vaporesso-sponsored-modfather-vapes-east-lancashire-hospice-charity-night-301171616.html

SOURCE VAPORESSO

© Canada Newswire, source Canada Newswire English

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Sales 2021 14 539 M 2 282 M 2 282 M
Net income 2021 5 605 M 880 M 880 M
Net cash 2021 13 519 M 2 122 M 2 122 M
P/E ratio 2021 39,3x
Yield 2021 1,02%
Capitalization 222 B 34 943 M 34 924 M
EV / Sales 2021 14,4x
EV / Sales 2022 10,4x
Nbr of Employees 24 482
Free-Float 29,8%
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Number of Analysts 15
Last Close Price 37,01 CNY
Average target price 58,82 CNY
Spread / Average Target 58,9%
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Managers and Directors
Zhi Ping Chen Chairman & Chief Executive Officer
Gui Sheng Wang CFO, Executive Director & Joint Secretary
Chun Hua Luo General Manager-Operation Department
Jie Liu Independent Non-Executive Director
Siu Wing Yim Independent Non-Executive Director