On February 25, the Hurun Research Institute released the “2024 Hurun China 500” list, ranking China’s top 500 non-state-owned enterprises by their market value. Among the notable entries, Smoore International, a leading global innovator in vaping technology, secured the 211th position with an enterprise value of 55.5 billion RMB. This marks a significant achievement for the vaping industry, as Smoore is the only e-cigarette company to make the prestigious list.

About the “2024 Hurun China 500” List

The “Hurun China 500” list is a definitive ranking of China’s most valuable non-state-owned enterprises. The 2024 edition maintained the same entry threshold as the previous year, set at 26.5 billion RMB. The top 10 companies on the list include industry giants such as TSMC, Tencent Holdings, ByteDance, Alibaba, and BYD.

Key Highlights:

• Smoore International: Ranked 211th with a value of 55.5 billion RMB, climbing 102 places compared to the previous year.
• Geographic Distribution: Beijing leads with 65 companies, followed by Shanghai (50 companies) and Shenzhen (49 companies). Guangdong Province, as a whole, is home to 81 companies on the list.
• Economic Impact: The combined annual sales of the 500 companies exceed 30 trillion RMB, surpassing the total GDP of Guangdong, Shanghai, and Beijing. These companies employ over 13.5 million people, underscoring their critical role in China’s economy.

Smoore International: A Pioneer in the Vape Industry

Smoore International’s inclusion in the “2024 Hurun China 500” list highlights its leadership and innovation in the global vaping industry. As the world’s largest manufacturer of vaping devices and components, Smoore has consistently driven advancements in technology, safety, and user experience.

Key Achievements:

• Technological Innovation: Smoore is renowned for its cutting-edge FEELM ceramic coil technology, which has set new standards for vaping performance and safety.
• Global Reach: The company serves a wide range of international markets, partnering with leading brands to deliver high-quality vaping products.
• Sustainability: Smoore is committed to reducing the environmental impact of vaping products, aligning with global trends toward eco-friendly solutions.

Implications for the Vape Industry

Smoore’s recognition on the “2024 Hurun China 500” list is a testament to the growing influence and legitimacy of the vaping industry. Here’s what this means for the industry:

1. Increased Market Confidence

Smoore’s inclusion underscores the potential for growth and innovation in the vaping sector, boosting investor and consumer confidence.

2. Focus on R&D and Quality

As the only e-cigarette company on the list, Smoore sets a benchmark for excellence, encouraging other players to prioritize research, development, and product quality.

3. Regulatory Recognition

The listing reflects the increasing acceptance of vaping products within regulatory frameworks, paving the way for more balanced and science-based policies.

4. Opportunities for Independent Sellers

For independent sellers in the vape, nicotine pouch, and disposable e-cigarette markets, Smoore’s success highlights the importance of partnering with reputable manufacturers to ensure product quality and compliance.

What’s Next for Smoore and the Vape Industry?

Smoore’s achievement is likely to inspire further innovation and investment in the vaping industry. Key areas of focus include:

• Expanding Product Lines: Developing new and improved vaping devices to meet diverse consumer needs.
• Enhancing Sustainability: Reducing the environmental footprint of vaping products through recyclable materials and eco-friendly designs.
• Strengthening Global Partnerships: Collaborating with international brands to expand market reach and drive industry growth.

Conclusion

Smoore International’s inclusion in the “2024 Hurun China 500” list is a landmark moment for the vaping industry. As the only e-cigarette company to make the cut, Smoore’s success highlights the sector’s potential for innovation, growth, and positive societal impact. For businesses and consumers alike, this recognition signals a bright future for the vaping industry, driven by quality, sustainability, and technological advancement.

Meta Description: Smoore International ranks 211th in the “2024 Hurun China 500” list, becoming the only e-cigarette company to make the prestigious ranking. Discover what this means for the vape industry.

Keywords: Smoore International, 2024 Hurun China 500, vaping industry, disposable e-cigarettes, nicotine pouches, FEELM technology, vape manufacturers, sustainability, global vaping market.