RLX Technology Inc (RLX) is a fully integrated manufacturer of e-cigarette products based in Shenzhen, China. The vaping industry is estimated to see 10x growth from 2025 to 2033 and reach $462bn. RLX had a payout ratio of 103% in 2025, is cash rich, carries no debt and the dividend is expected to grow over the next few years.
RLX Technology Inc. (RLX) Q1 2026 Earnings Call Transcript
RLX Technology NYSE: RLX reported a sharp increase in first-quarter 2026 revenue, driven by international expansion, contributions from a European investment and continued stability in mainland China, executives said on the company's earnings call.
| Tobacco Industry | Consumer Staples Sector | Wang Ying CEO | XMUN Exchange | US74969N1037 ISIN |
| CN Country | 381 Employees | 9 Feb 2026 Last Dividend | - Last Split | 22 Jan 2021 IPO Date |
RLX Technology Inc. is a prominent player in the e-vapor industry, based in the People's Republic of China. Since its establishment in 2018, the company has dedicated itself to the manufacture and sales of e-vapor products, catering to the vast Chinese market. It operates through a network of partner distributors and retail outlets, ensuring wide accessibility and availability of its products across the country. With its headquarters in Beijing, China, RLX Technology Inc. has swiftly captured a significant share of the e-vapor market by focusing on innovative solutions and customer satisfaction.
RLX Technology Inc. offers a wide range of e-vapor products designed to meet the diverse needs of its clientele. These products include: