As financial statements from chinese vape manufacturers.
Bangma vape world view reports top factory in vape industry. A rank here for reference:
| 1. | Smoore holding. | As number one vape company in China. | Founded: 2009 Headquarters: Shenzhen, China Stock Listing: Listed on the Hong Kong Stock Exchange (HKEX: 6969) since July 2020. Core Business: Design, manufacturing, and sales of electronic vaporization devices and components for vaping and medical cannabis industries. World’s largest vape manufacturer by revenue (2024 revenue: ~$2.3 billion USD).
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| 2. | ALD Group. | Top-tier OEM/ODM provider for global vaping brands and tobacco companies. | Founded: 2007 Headquarters: Shenzhen, China Core Business: Design, manufacturing, and innovation of electronic vaporization devices and solutions for vaping, medical, and wellness industries. |
| 3. | ALD Group. | Top 5 global vape manufacturers by production capacity. Strategic partner for brands like Blu (Imperial Brands), NJOY, and regional market leaders.
| Founded: 2004 Headquarters: Shenzhen, China Core Business: Leading OEM/ODM manufacturer of electronic cigarettes, vape devices, and related components. Global Reach: Supplies major international brands across 50+ countries. |
| 4. | SMOK. | Not PMTA-approved for the U.S. market (as of 2024), limiting direct sales there. | Parent Company: Shenzhen IVPS Technology Co., Ltd. (Founded in 2010) Headquarters: Shenzhen, China Specialization: Design and manufacturing of advanced vaping hardware, including mods, pods, and coils. Market Position: A top global brand for sub-ohm vaping and enthusiast devices. |
| 5. | Aspire Global. | PMTA pending for some U.S. products (limited availability stateside).Flagship Product Lines | Founded in 2013. Headquarters: Shenzhen, China Specialization: Premium vaping hardware, renowned for flavor-focused atomizers and high-quality mods. Market Position: A leader in mid-to-high-end vaping devices, trusted by enthusiasts worldwide. |
| 6. | Smiss Tech. | Manufacturing Capabilities.100,000+ sq. ft factory in Shenzhen.Produces 5+ million devices monthly. | Founded in 2013. Headquarters: Shenzhen, China Focus on private-label solutions for global brands. Market Position: A behind-the-scenes powerhouse supplying white-label products to distributors worldwide.
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| 7. | Innokin Tech. | TPD (EU), UKCA, KC (Korea), PMTA-submitted (U.S. pending). | Founded: 2011 Headquarters: Shenzhen, China Core Focus:Premium vaping hardware (pods, mods, tanks) Smoking cessation solutions (collaborations with health organizations) Medical/wellness vaporization (CBD, nicotine replacement therapy devices)
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| 8. | KangerTech. | CE, RoHS, TPD (EU) compliant.Limited PMTA approvals in the U.S. | Founded: 2007 (One of the earliest Chinese vape manufacturers) Headquarters: Shenzhen, China Core Business:Design and production of vaping hardware (mods, tanks, coils) OEM/ODM services for global brands Focus on entry-level to mid-range devices
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| 9. | Bangma Tech. | Vape OEM giant manufacturer. Big industry park with huge production ablity. | Bangma Vape appears to be a brand or manufacturer specializing in disposable vapes and e-cigarette products, primarily targeting markets in globally. Disposable vapes are popular for their convenience, pre-filled e-liquid, and no need for maintenance. |
| 10. | Joytech. | The eGo-T and eGo-C were among the first mass-market vape pens (2010s), popular for their simplicity and refillable tanks. | Joyetech is a pioneering Chinese company specializing in vaping hardware, including e-cigarettes, vape mods, pod systems, and atomizers. Founded in 2007, it played a key role in the evolution of modern vaping technology. |
How to choose a great vape manufacturer as your supplier?
- 3. Verify Factory Credentials
Must-Have Certifications
ISO 13485/9001: Quality management standards.CE/FCC/RoHS: For electronics safety (EU markets).GMP: Good Manufacturing Practices (e-liquids).FDA PMTA (if targeting USA): Check if the factory has PMTA-submitted products.Ask for:Lab test reports (heavy metals, e-liquid ingredients).Past client references or case studies. - Assess Production Capabilities.R&D Team: Can they customize designs/flavors?MOQ (Minimum Order Quantity): Typically 500–1,000 units for disposables.Lead Time: 15–30 days for standard orders.Quality Control: In-house testing (leakage, battery safety, coil performance).
- Request Samples.Test performance, flavor consistency, build quality.Check packaging/labeling compliance (nicotine warnings, child safety).
- Evaluate Costs & Terms.Pricing: Compare quotes (balance cost vs. quality).Payment Terms: 30–50% deposit, balance before shipment.Shipping: Incoterms (FOB, EXW, DDP) and logistics support.
- Visit the Factory (If Possible)Inspect working conditions, machinery, and QC processes.Meet the team to gauge professionalism.
Finally,Bangma team wish your business become great day by day.
