Time: 2022-10-09
Views: 468
According to the Philippine Star, Chinese e-cigarette SnowPlus is expanding its e-cigarette business in the Philippines.
Derek Li, co-founder and head of overseas markets, is confident that the company can establish a good distribution network in China.
Since 2019, SnowPlus has invested $2 million in quality and safety research and received more than $150 million in financing, one of the largest fundings of any startup in the e-cigarette industry.
Snowplus is also committed to improving the quality and standards of the industry to provide Filipino consumers with safe and reliable e-cigarettes.
SnowPlus recently obtained an operating license from the State Tobacco Monopoly Administration under China's new vapor industry regulations. The license authorizes the company to produce 80 million pods per year.
The company has established three state-of-the-art science laboratories equipped to test its products for features such as power and durability.