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12 Jun 2019

Wonderful Sky Financial Group Assists China Tobacco International (HK) Company Limited(Stock Code: 6055.HK) with the Successful Listing on HKEx

China Tobacco International (HK) Company Limited (Stock Code: 6055.HK) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) on 12th June 2019.

 

Established in 2004, China Tobacco International (Hong Kong) Co., Ltd. is headquartered in Hong Kong and is the designated offshore platform for China Tobacco International to be responsible for capital market operations and international business development. China Tobacco International (Hong Kong) Co., Ltd. is a wholly-owned subsidiary of China National Tobacco Corporation. It manages the international business of China National Tobacco Corporation by organizing the trade of tobacco products and supervising the operation of overseas subsidiaries and overseas investment of China National Tobacco Corporation. And operational work.

 

According to the national tobacco monopoly system, CNTC Group is the only entity in China engaged in the production, sales and import and export of tobacco monopoly products according to the national tobacco monopoly system. According to Circular 60, China Tobacco International (Hong Kong) Co., Ltd. is the exclusive operating entity designated by China National Tobacco Corporation for its current business. China Tobacco International (Hong Kong) Co., Ltd. does not have any competitors in these business areas and has an unsurpassed market position in the markets it operates. With its exclusive operating position, China Tobacco International (Hong Kong) Co., Ltd. has exclusive resources for both supply and demand in all tobacco companies in China, and has a wealth of business knowledge.

 

In 2018, the number of smokers in China was 306 million. In the import business of tobacco products, Chinese flue-cured tobacco has strict requirements on the quality and taste of tobacco products. These special requirements have led the Chinese tobacco industry to have long-term stable demand for tobacco products imported from different parts of the world. This demand has caused Chinese tobacco manufacturers to rely on imported tobacco products, and will continue to support the development of tobacco import products of China Tobacco International (Hong Kong) Co., Ltd.

 

In the short term, China Tobacco International (Hong Kong) Co., Ltd. will use the proceeds from the global offering to further develop its existing business, plan to expand and optimize its overseas sales channels, and establish an effective sales and marketing network with the goal of actively exploring new tobacco product markets. At the same time continue to strengthen the cigarette export business. In the long term, China Tobacco International (Hong Kong) Co., Ltd. intends to expand the scope of exclusive business operations, sources of tobacco products and export destinations, and establish itself as a global tobacco raw material supplier to trade with suppliers and customers around the world. status.

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.