In recent years, the use of vape among Chinese teenagers has been on the rise. Relevant departments have repeatedly introduced a series of measures from the perspective of protecting minors, including vape and e-liquid factory, and dealers are not allowed to sell vape to minors, especially through t

From 2015 to 2018, many domestic vape projects have successively obtained financing, including RELX, which received 38 million yuan in angel round financing after its establishment in 2018. In the first year of its establishment, RELX’s revenue reached 133 million yuan, and it became profitable in