Financial Data and Key Metrics Changes - The company's net revenues for Q2 2024 reached RMB627 million, representing a 66% year-over-year increase from RMB378 million in Q2 2023 and a 14% quarter-over-quarter increase from RMB552 million in Q1 2024 [13] - The overall gross profit margin for Q2 2024 was 25.2%, slightly down year-over-year due to changes in revenue composition [14] - Non-GAAP net profit for Q2 2024 increased by 147% year-over-year to RMB213 million, with non-GAAP basic net income per ADS at RMB0.171 and diluted net profit per ADS at RMB0.164 [15] - Operating cash inflow was RMB197 million in Q2 2024, a significant increase from RMB41 million in the same quarter of the previous year [16] Business Line Data and Key Metrics Changes - The company launched the mega-sized Phantom series in Mainland China and the RELX series internationally, focusing on enhanced value offerings [7] - The introduction of smart features in products, such as Bluetooth for usage tracking, is becoming standard across various price points [8] Market Data and Key Metrics Changes - The company is experiencing challenges in overseas markets due to regulatory uncertainties, particularly regarding the ban on disposable products in certain countries [20] - The market share of illegal products in China remains significant, although compliance products are gradually stabilizing [27] Company Strategy and Development Direction - The company is focusing on product innovation and R&D to adapt to diverse regulatory environments and consumer preferences in international markets [5] - A commitment to compliance and sustainability is emphasized, with ongoing investments in R&D to maintain a competitive edge [12] Management Comments on Operating Environment and Future Outlook - Management highlighted the importance of adapting product offerings to local market demands and regulatory requirements as a key strategy for international expansion [21] - The company is optimistic about continued revenue growth as international expansion progresses, despite challenges [13] Other Important Information - The company has published its third ESG report, showcasing significant contributions to anti-counterfeit efforts and public health initiatives [10][11] - The company has achieved certification for its quality and safety laboratory, enhancing its credibility in international markets [9] Q&A Session Summary Question: Challenges in overseas expansion and targets for the second half - Management identified regulatory uncertainties and local market adaptation as primary challenges, with a focus on expanding in Asia and gradually entering other continents [21] Question: Competitive advantages in overseas markets - The company emphasized its established brand equity and in-house R&D capabilities as key competitive advantages over brands focused on disposable products [25] Question: Status of new GB products in China and market share of illegal products - Management reported ongoing product approvals, with over 30 flavors approved as of June 2024, while illegal products still dominate the market [26][27] Question: Growth momentum in overseas markets and contribution of disposable products - The company noted strong traction for high e-liquid volume products in markets where disposables are permitted, while pod and open systems are gaining market share in regions anticipating bans [30][32] Question: Overall market size and growth rate in China - Management indicated that the demand for compliance products remains stable, with non-compliance products still dominating the market, and the average selling price for compliance products has remained stable [35][37]

Exhibit 99.1 RLX Technology Announces Unaudited Second Quarter 2024 Financial Results SHENZHEN, August 16, 2024 /PRNEWSWIRE/ - RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights · Net revenues were RMB627.2 million (US$86.3 million) in the second quarter of 2024, compared with RMB378.1 million in the same period of 20 ...

SHENZHEN, China, Aug. 16, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Financial HighlightsNet revenues were RMB627.2 million (US$86.3 million) in the second quarter of 2024, compared with RMB378.1 million in the same period of 2023.Gross margin was 25.2% in the second quarter of 2024, compared with 26.1% in the ...

- Earnings Call Scheduled for 8:00 a.m. ET on August 16, 2024 –SHENZHEN, China, Aug. 6, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for second quarter ended June 30, 2024, before the U.S. markets open on Friday, August 16, 2024.The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 16, 2024 (8:00 PM Beijing/ ...

RLX Technology Inc. (NYSE:RLX) Q1 2024 Earnings Call Transcript May 17, 2024 8:00 AM ET Company Participants Sam Tsang - Head of Capital Markets Kate Wang - CEO Chao Lu - CFO Conference Call Participants Charlie Chen - China Renaissance Lydia Ling - Citi Peihang Lyu - CICC Operator Hello, ladies and gentlemen, thank you for standing by for RLX Technology Inc.'s First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After management's remarks, there will be a que ...

SHENZHEN, China, May 17, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsNet revenues were RMB551.6 million (US$76.4 million) in the first quarter of 2024, compared with RMB188.9 million in the same period of 2023.Gross margin was 25.9% in the first quarter of 2024, compared with 24.2% in the same ...

- Earnings Call Scheduled for 8:00 a.m. ET on May 17, 2024 – SHENZHEN, China, May 7, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for first quarter ended March 31, 2024, before the U.S. markets open on Friday, May 17, 2024. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 17, 2024 (8:00 PM Beijing/Hong Kon ...

SHENZHEN, China, April 19, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 19, 2024. The annual report on Form 20-F can be accessed on the SEC's website at https://www.sec.gov and on the Company's investor relations website at https://ir.relxtech.com. T ...

Revenue Contribution - For the year ended December 31, 2023, Shenzhen Yihaoji Technology Limited contributed 0% to the company's net revenues, down from 16.9% in 2022 and 22.7% in 2021[823]. Purchases and Accounts Payable - Purchases from Shenzhen Smoore Technology Limited accounted for 58% of total purchases in 2023, down from 80% in 2022 and 75% in 2021, with accounts payable to this manufacturer representing 74% of total accounts payable as of December 31, 2023[823]. Investor Relations and IPO Expenses - The company received US$9.4 million from the depositary for expenses related to investor relationship programs in 2023[833]. - The total expenses incurred for the company's initial public offering from January 21, 2021, to December 31, 2023, were approximately US$55.0 million, including US$52.3 million in underwriting discounts and commissions[837]. - The net proceeds from the initial public offering and exercise of the over-allotment option amounted to approximately US$1,553.0 million[837]. - Approximately US$12.9 million of the net proceeds from the initial public offering were used for dividend payments from the closing of the offering to December 31, 2023[838]. Financial Risk Management - The company does not hold any trading instruments and most financial assets are in demand deposits or highly liquid investment products, minimizing market risks[817]. - The company has not used any derivative financial instruments to hedge foreign exchange risks, as revenues and expenses are generally denominated in RMB[818]. - Credit risk is considered immaterial as cash and cash equivalents are placed in reputable financial institutions with high credit ratings[821]. - The company performs credit evaluations and ongoing monitoring processes to mitigate risks associated with accounts and notes receivable[822].

Exhibit 99.1 RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results SHENZHEN, March 15, 2024 /PRNEWSWIRE/ - RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights · Net revenues were RMB520.5 million (US$73.3 million) in the fourth quarter of 2023, compared with RM ...