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Did China Tobacco Group acquire Jinjia Group?

As of July 2, 2023, the Company did not acquire Jinjia Group.

According to cloud finance data. Com, China Tobacco Group signed a strategic cooperation agreement with Yunnan Zhongyan and established a joint venture company Jiayu Technology with its subsidiaries. Jiayu Technology currently provides manufacturing services for Yunnan Zhongyan heating non-combustible smoking utensils, and the specific quantity and scale will depend on different products.