RLX Technology Inc. is a leading designer, manufacturer, and distributor of e-vapor products including rechargeable devices, disposable vaping systems, and e-liquid solutions. The company primarily serves the Chinese market through a regulated distribution model involving wholesale distributors and authorized retailers, while also expanding internationally through partnerships, brand acquisitions, and joint ventures in multiple regions. The company generates revenue by selling products directly to qualified wholesale distributors in China via a national platform and by supplying e-vapor products to affiliated distribution entities for international markets, emphasizing harm reduction principles and compliance with evolving regulatory requirements across jurisdictions.