Itsuwa Technology Suspended Tts Vape Business For Five Days

A piece of short news by dank smoke world view team report:

Itsuwa Technology suspended its vape business for five days due to exceeding its scope of operation.

On May 26, 2025, Itsuwa Technology announced that the company received the “Administrative Penalty Decision” issued by the Tobacco Monopoly Bureau of Bao’an District, Shenzhen on May 23.
2025  No. 195 . Due to the company’s import of 497.5kg (worth $14925) of atomized materials through general trade and export of 6000 bottles (66kg, worth $5400) of atomized materials, which exceeded the scope of the tobacco monopoly license and engaged in vape related business.
It has been ordered to suspend tobacco monopoly business and rectify for five days, effective from today.
According to Article 44 (1) of the Measures for the Administration of Tobacco Monopoly License, the company has been punished with suspension of business and rectification for not operating vape products, aerosols, nicotine, etc. within the scope of the license. The company stated that this punishment will not have a significant adverse impact on the overall business and financial situation, also there is no risk of being delisted or adjusted to the underlying layer.

Then,lets introduce something about Shenzhen Itsuwa Technology Co., Ltd. This company’s stock code is 833767 in china. This is a high-tech enterprise with research and development, production, and sales of vapes and their supporting products as its core business, while also venturing into the fields of environmental technology and recycling. The following is the compilation of its core information:

Company overview from official website:

They are established on January 10, 2011.  ‌‌
Registered capital: 34.147 million RMB, paid in capital of 20 million RMB (targeted issuance in 2018). ‌‌
Employee size: The total number of employees in 2024 is 823. ‌‌
Qualification certification: high-tech enterprise, specialized and innovative small and medium-sized enterprise qualification. ‌‌

Main business and products

E-cigarettes and their supporting products: covering core products such as atomizers, batteries, e-liquids, etc., with a revenue of 283 million yuan in 2024. ‌‌
Environmental Technology and Recycling: Utilizing digital information technology and a nationwide industrial material resource network, we provide comprehensive services for waste materials and environmental monitoring solutions. ‌‌

Financial status (as of 2024)

Operating revenue: 283 million yuan .A year-on-year decrease of approximately 14%. ‌‌
Total profit: Loss of 21.2515 million yuan. ‌‌
Total assets: 210 million yuan. A decrease of approximately 15% compared to 2023. ‌‌
Cash flow: Net cash flow generated from operating activities was -19.9119 million yuan.A year-on-year decrease of 117.34%.

Itsuwa Technology specializes in OEM/ODM services for e-cigarettes, producing disposable vapes, pod systems, and other vaping hardware.
The company is based in Shenzhen, China, which is a major hub for vape manufacturing.
They supply products to various international brands and distributors. If you want know Itsuwa vape product, you can visite theirs website.

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