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ASHs survey of vape use among young people in Great Britain found 55% of children were aware of vape promotion in shops, the highest across various settings and media channels, and up from 37% in 2022

How much is the cost of smoking in the UK in 2025

Around the time of the IPO, an analyst in Tobacco Control wrote that "the goal of the IPO was to finance market expansion in CNTC target markets and establish strategic collaborations with other cigarette companies." The expansion shows that China Tobacco aspires to follow in the footsteps of international tobacco giants like Philip Morris International and British American Tobacco, said Mackay of Asian Consultancy on Tobacco Control

RJ Reynolds has been operating since 1875 and is the second largest tobacco company in the US after Altria, which owns Philip Morris USA

These and other factors may cause our actual results to differ materially from any forward-looking statement