Stock Track | SMOORE INTL Soars 5.33% Intraday on Long-Term Battery Procurement Agreement and Market Growth Outlook

Stock Track11-26

SMOORE INTL (06969) saw its stock surge 5.33% during intraday trading on Wednesday, reflecting investor optimism following the company's announcement of a renewed procurement framework agreement with Eve Energy Co., Ltd. The agreement, effective from January 2026 to December 2028, secures battery supplies for SMOORE INTL's products.

Huafu Securities highlighted that this agreement underscores expectations of sustained growth in the global e-vaporizer market, which is likely to drive increased orders for SMOORE INTL's related products. The brokerage also noted that as leading international tobacco companies expand heated-not-burn (HNB) products into mainstream markets, SMOORE INTL's new-generation tobacco products could see incremental sales in emerging regions. Additionally, stricter U.S. e-cigarette regulations may boost demand for compliant products, further benefiting the company.

SMOORE INTL's diversified business segments, including e-vaporizers, HNB devices, and cosmetic and medical atomization, are entering a growth phase, with global product launches expected to drive further momentum.

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