China: Hongta Group Passes Quotas

Source from:  tobaccointernational.com 05/08/2007

Kunming - Hongta Group in southwest China's tobacco-producing Yunnan Province - the largest Chinese tobacco manufacturer - exceeded its annual cigarette production quotas for 2006, with the output of its key Yuxi and Hongmei cigarette brands reaching record highs. In 2006, Hongta Group also registered continued increases in the production of its Mount Hongtashan cigarette brand for a second consecutive year, with the output and sales volume of Mount Hongtashan significantly exceeding the target of 20 bn cigarettes set by Yunnan Provincial China Tobacco Industry Corp. for the year. The production of Mount Hongtashan has entered a period of rapid growth unseen for years. As far as the production of export-oriented cigarettes in 2006, the output of Marble brand cigarettes reached 2.35 bn cigarettes in the year, marking a new high for production of exports by Hongta Group. Marble is expected to become the biggest blend-type cigarette brand export for China's tobacco industry. In 2007, Hongta Group will aim to strengthen the capacity and improve the quality of Yuxi, increase the output of Mount Hongtashan, and organize cigarette production by orders received, in striving to realize greater business development. Enditem