RLX Technology (RLX)

• Market cap: $2.62B
• 1 day: -1.83%
• 5 days: -0.46%
• 1 month: 13.16%
• 3 months: -8.51%
• 6 months: 7.50%
• Year to date: -2.71%
• 1 year: 18.13%
• 5 years: -92.71%
• 10 years: -92.71%
• Sector: Consumer Staples
• Industry: Tobacco

About: RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market.

Employees: 381

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

0.5% more ownership

Funds ownership: 20.73% [Q4 2024] → 21.23% (+0.5%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2024] → 7 (+0) [Q1 2025]

8% less funds holding

Funds holding: 104 [Q4 2024] → 96 (-8) [Q1 2025]

11% less capital invested

Capital invested by funds: $565M [Q4 2024] → $504M (-$61.5M) [Q1 2025]

16% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 37

19% less call options, than puts

Call options by funds: $841K | Put options by funds: $1.04M

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $2.25 5% upside
• Avg. target: $2.25 5% upside
• High target: $2.25 5% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Citigroup Lydia Ling

5% upside $2.25

Neutral Maintained

19 May 2025