Meeting Report: Strategic Exchange Meeting on Yuxiang, a New Product by Our Company, with China Duty Free Group

     On December 12, 2023, Zhongshang Commerce Tobacco Co. Ltd. (hereinafter referred to as "Our Company") successfully conducted an exchange meeting for the new product Yuxiang, a middle-sized cigarette, with China Duty Free Group(CDF). Xiao Sun, the CDF Marketing Director of Our Company, attended the meeting, along with Market Managers Yu Zhang, Fei Shao, and Haozhe Guo. Representatives from China Duty Free Group's procurement and sales departments were also present.

   During the meeting, Director Sun expressed gratitude for the continuous support from China Duty Free Group and provided a brief overview of Our Company's 2023 market sales situation with China Duty Free. Market Manager Yu Zhang explained Our Company's products and placed a specific focus on introducing the new product, Yumao - Yuxiang. Yuxiang is the latest middle-sized cigarette launched by Our Company. This cigarette incorporates bio-enzyme technology and selects premium tobacco leaves from Zimbabwe, Yunnan, and other regions, showcasing the pure and authentic tobacco aroma. It aims to meet consumer demands and fill the market gap for middle-sized cigarettes in Our Company's product lineup.

   The exquisite packaging and distinctive features of Our Company's new product, Yuxiang, were unanimously praised by the representatives from China Duty Free Group. Department heads from China Duty Free Group pointed out that Yuxiang, as a middle-sized cigarette, holds a significant advantage in the duty-free market. They emphasized that the sales in the taxed market play a crucial role in promoting interaction with the duty-free market, and this advantage should be firmly grasped.      

    During the pandemic, the duty-free market faced substantial challenges. The purpose of this exchange meeting is to generate anticipation and promote Our Company's new product, Yuxiang. It also aims to deepen the cooperation between Our Company and China Duty Free Group, accelerate the recovery of the duty-free market, and prepare for the entry of the new product. In the post-pandemic era, Our Company will actively promote cooperation with China Duty Free Group, bringing our Yumao products, guided by the "health" concept, to a wide range of consumers, enriching the duty-free market.

Zhongshang Commerce Tobacco Co. Ltd