<strong>China: HongyunHonghe Successful in Developing International Markets in 2012</strong>

Source from:  HongyunHonghe Group  04/01/2013

HongyunHonghe Tobacco Group in southwest China's tobacco-producing Yunnan Province – the largest Chinese tobacco manufacturer – achieved remarkable successes in the development of international markets in 2012 with significant growth in its cigarette sales in markets overseas.

On March 22, China Tobacco Yunnan Industrial Co., Ltd. – the operator of the tobacco industry in Yunnan – held in Yunnan's provincial capital city of Kunming a working conference on the development of international markets for 2013. The meeting summed up the work of the company to develop international markets in 2012, and specified the requirements for developing international markets in 2013.

In particular, the meeting conferred many honors to HongyunHonghe for its remarkable successes in the development of international markets in 2012.

In a work report delivered at the meeting, Deputy General Manager Gu Bo of China Tobacco Yunnan Industrial Co., Ltd. said the company registered sharp growth in cigarette sales overseas. In particular, Yunyan alone generated 350 million yuan (55.6 million U.S. dollars) in annual overseas sales income, up 69 percent year-on-year. Honghe alone saw its overseas sales volume in 2012 reach 273,000 boxes (2.73 billion cigarettes), up almost two times year-on-year.

In 2012, HongyunHonghe's overseas operation in Macedonia produced 960 million cigarettes (96,000 boxes), up 2.8 times year-on-year. In the year, Universal Cigarette Factory operated by HongyunHonghe in Myanmar produced 820 million cigarettes (82,000 boxes), and ROCK cigarette factory operated by it in Indonesia produced 700 million cigarettes (70,000 boxes), respectively up 7 times and 8 times year-on-year.

The meeting honored both outstanding units and outstanding individuals in the development of international markets in 2012. HongyunHonghe won at the meeting an award granted by the company for fulfilling the targets for developing international markets in the year. At the same time, the Myanmar market development taskforce of the overseas market development department of HongyunHonghe won a prize as an outstanding team in the development of international cigarette markets, and 15 individuals including Qu Tao were honored as model individuals in the development of international cigarette markets. Enditem