RELX Technology (ADR) (RLX)
Sells compliant RELX vaping products in China and selected international markets.
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Sells rechargeable and disposable RELX vaping products in China through a licensed tobacco distribution system. International growth spans North Asia and Europe, while overseas RELX activity relies on an intellectual-property license from a founder-controlled affiliate.
Operates China sales through the National Transaction Platform, selling to licensed provincial Tobacco Commercial Enterprises that supply licensed retailers. Its domestic range includes Qingyu, Phantom, Phantom Pro, Zeus, Leili, Daqian and Feiliu products; outside China, it offers rechargeable devices, disposable vaping systems and e-liquid products.
Core Markets and Europe Acquisition are its reportable segments. China products and production inputs must meet national standards and receive approvals, while a manufacturing license underpins specified device, cartridge and disposable production. International RELX and other-brand sales and production are conducted by a separately incorporated, founder-controlled affiliate under an intellectual-property license.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.34B · Total debt $36.5M · Total assets $2.52B · Shareholders' equity $2.32B
- Revenue
- $136.7M
- Operating income
- $19.4M
- Net income
- $32.5M
Reported in CNY, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | ≈ 21.74% | 265.78M ADS | |
|---|---|---|---|
| 111 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 97.78% | 1.20B ADS | |
| 2 holders · as of Mar 18, 2026 | |||
| Adds to | 119.52% | ||
1.22B ADS as of Sep 18, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 119.52%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Ying Kate Wang1Insiderdirector, 10 percent owner, officer: Co-founder; CEO | 90.14% | 793.06M ordinary · 308.71M ordinary | filed Mar 18, 2026 |
Yilong WenInsiderdirector, officer: Co-founder | 7.64% | 93.34M ordinary | filed Mar 18, 2026 |
First Beijing Investment LtdInstitution | 4.89% | 59.82M ADS | as of Jun 30, 2026 |
Idg China Venture Capital Fund V Associates L.P.Institution | 4.51% | 55.07M ADS | as of Jun 30, 2026 |
Nomura Holdings IncInstitution | 1.85% | 22.58M ADS | as of Jun 30, 2026 |
- Ying Kate Wang's transaction reports restate only vehicles that traded; the 2026 ownership statement (793.06M) is used instead.
Insider tradesForm 4
No open-market trades in the last 12 months.
- British American Tobacco (ADR)
Vuse vapor systems across major international nicotine markets
- Philip Morris International
VEEV closed-pod and disposable e-vapor products internationally
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| RELX Technology (ADR) | $1.75 | +1.45% | $2.10B | 15.1 | — | 3.1 | +34.3% |
| British American Tobacco (ADR) | $55.81 | +0.11% | $120.25B | 14.3 | — | 3.5 | −0.1% |
| Philip Morris International | $188.91 | +0.76% | $292.21B | 26.9 | 21.5 | 6.9 | +10.4% |
| Median | 20.6 | 21.5 | 5.2 | +5.1% |