Group 1 - Smoore International (06969) shares increased by 4.6%, reaching HKD 12.96, with a trading volume of HKD 146 million [1] - The company announced a renewed procurement framework agreement with EVE Energy (300014) for battery products, effective from January 2026 to December 2028 [1] - The procurement agreement is driven by the continuous growth of the global electronic vaporization product market, indicating a potential increase in product orders [1] Group 2 - Huafu Securities highlighted that the new procurement agreement is expected to enhance sales of Smoore's new tobacco products in new regions, particularly with the entry of international tobacco leaders' HNB products into mainstream markets [1] - The company is anticipated to benefit from a shift in European markets towards more profitable products like pod-based and open-system devices [1] - In the U.S., the enforcement of electronic cigarette regulations has strengthened, suggesting significant recovery potential for compliant product market share [1] Group 3 - Smoore International's diverse business segments, including vapor electronic cigarettes, HNB, vapor beauty, and vapor medical products, are entering a harvest phase [1] - The global launch of various products and multi-point catalysts are expected to drive future growth [1]