Jiayao Holdings (01626) announced that the company has officially launched a new tobacco sector research project. Shenzhen Jiayao Science and Innovation Research has...
According to the Zhitong Finance App, Jiayao Holdings (01626) announced that the company has officially launched a new tobacco sector research project. Shenzhen Jiayao Science and Technology Innovation Research Co., Ltd. was established on October 20, 2023. The research institute will be headed by Mr. Wang Yiqi, the company's vice president of innovation and development.
Relying on the advantages of the new tobacco sector industry chain under the group, the research institute will cooperate with leading research institutes in the industry to set up a new technology joint research group to help the company develop the underlying technology and new materials needed for the new tobacco business. The establishment of the research institute will help improve the company's underlying technology research capabilities, enhance the company's ability to acquire cutting-edge technology in the e-cigarette industry chain, enhance the company's patented technical barriers, and help the company continue to enhance its overall competitiveness in the international market.
The research institute will carry out its work by combining independent research with joint research. At present, various institutions such as the Institute of Hemp Research (IBFC CAAS) of the Chinese Academy of Agricultural Sciences (IBFC CAAS) have established joint laboratories to jointly carry out technological innovation and transformation of research results in the field of e-cigarettes. A joint research project between IBFC CAAS and the Research Institute has been listed. The first-stage result “Application Project for Environmentally Friendly Degradable Materials in E-cigarettes” jointly developed by the Research Institute and the Institute of Narcotics of the Chinese Academy of Agricultural Sciences is expected to be applied to the company's products and launched on the market in the first half of next year. Through joint and joint research, it is beneficial for the company to accelerate the R&D capabilities of new products and the ability to integrate the industrial chain.