Recently, rumors have circulated suggesting that Heaven Gifts, known for its associations with e-cigarette brands like ELFBAR and LOST MARY, is considering acquiring Chinese companies China Boton or Huabao as part of a strategy for a backdoor listing. This has sparked considerable speculation within the industry.
Official Responses to the Rumors
In response to these claims, an insider reached out to the involved parties for clarification. Huabao Group, one of the companies allegedly targeted for acquisition, has officially denied these rumors. They issued a statement on their “Interactive Easy” platform, emphasizing that such information is inaccurate and urging the public to rely solely on official disclosures for accurate market information.
Reply | Image source: Interaction Easy
As of the latest updates, neither China Boton nor IMiracle (Heaven Gifts) have responded to the allegations, leaving some questions unanswered in the public and media circles.
