Smoore International Renews Procurement Agreement with EVE Energy

Tip Ranks
2025.11.20 10:38
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Smoore International Holdings Limited has renewed its Procurement Framework Agreement with EVE Energy, effective from January 1, 2026, to December 31, 2028. The agreement ensures the continued supply of battery products with annual caps set at RMB 580,000,000. This renewal supports Smoore’s operations in the global atomization and vaping markets. The latest analyst rating for Smoore's stock (HK:6969) is a Hold with a HK$14.00 price target.

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An update from Smoore International Holdings Limited ( (HK:6969) ) is now available.

Smoore International Holdings Limited has announced the renewal of its Procurement Framework Agreement with EVE Energy, effective from January 1, 2026, to December 31, 2028. This agreement ensures the continued supply of battery products from EVE Energy to Smoore, with procurement prices determined by prevailing market conditions. The new annual caps for the agreement are set at RMB 580,000,000 for each year, reflecting anticipated changes in product orders and historical transaction amounts. This renewal is expected to support Smoore’s operations and strengthen its position in the evolving global atomization and vaping markets.

The most recent analyst rating on (HK:6969) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on Smoore International Holdings Limited stock, see the HK:6969 Stock Forecast page.

More about Smoore International Holdings Limited

Smoore International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing and supply of vaping products and related technologies. The company operates in the global atomization market, focusing on providing high-quality battery products and solutions.

Average Trading Volume: 22,696,465

Technical Sentiment Signal: Sell

Current Market Cap: HK$74.51B

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