Launch Tech Completes Conversion of 194.24 Million Unlisted Shares, Raising H-Share Ratio to 85.54%

Bulletin Express05-08

Launch Tech Company Limited announced the successful completion of its H Share Full Circulation plan on 8 May 2026, converting 194.24 million domestic unlisted shares into H shares. Trading of the newly converted shares will commence on the Hong Kong Stock Exchange at 9:00 a.m. on 11 May 2026.

Prior to the conversion, Launch Tech’s share capital comprised 253.56 million domestic unlisted shares (61.82%) and 156.60 million H shares (38.18%), totaling 410.16 million shares. Post-conversion, the proportion of domestic unlisted shares drops to 59.32 million (14.46%), while H shares expand to 350.84 million (85.54%), keeping the total share count unchanged at 410.16 million.

The company executed the conversion in accordance with Part XIVA of Hong Kong’s Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

The board continues to be chaired by Mr. Liu Xin and includes three executive directors, one employee director, one non-executive director, and three independent non-executive directors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1106371904?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-08 16:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106371904","market":"us","top_or_hot":-1,"title":"Launch Tech Completes Conversion of 194.24 Million Unlisted Shares, Raising H-Share Ratio to 85.54%","media":"Bulletin Express","content":"<p>Launch Tech Company Limited announced the successful completion of its H Share Full Circulation plan on 8 May 2026, converting 194.24 million domestic unlisted shares into H shares. Trading of the newly converted shares will commence on the Hong Kong Stock Exchange at 9:00 a.m. on 11 May 2026.</p>\n<p>Prior to the conversion, Launch Tech’s share capital comprised 253.56 million domestic unlisted shares (61.82%) and 156.60 million H shares (38.18%), totaling 410.16 million shares. Post-conversion, the proportion of domestic unlisted shares drops to 59.32 million (14.46%), while H shares expand to 350.84 million (85.54%), keeping the total share count unchanged at 410.16 million.</p>\n<p>The company executed the conversion in accordance with Part XIVA of Hong Kong’s Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.</p>\n<p>The board continues to be chaired by Mr. Liu Xin and includes three executive directors, one employee director, one non-executive director, and three independent non-executive directors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Launch Tech Completes Conversion of 194.24 Million Unlisted Shares, Raising H-Share Ratio to 85.54%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLaunch Tech Completes Conversion of 194.24 Million Unlisted Shares, Raising H-Share Ratio to 85.54%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-08 16:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Launch Tech Company Limited announced the successful completion of its H Share Full Circulation plan on 8 May 2026, converting 194.24 million domestic unlisted shares into H shares. Trading of the newly converted shares will commence on the Hong Kong Stock Exchange at 9:00 a.m. on 11 May 2026.</p>\n<p>Prior to the conversion, Launch Tech’s share capital comprised 253.56 million domestic unlisted shares (61.82%) and 156.60 million H shares (38.18%), totaling 410.16 million shares. Post-conversion, the proportion of domestic unlisted shares drops to 59.32 million (14.46%), while H shares expand to 350.84 million (85.54%), keeping the total share count unchanged at 410.16 million.</p>\n<p>The company executed the conversion in accordance with Part XIVA of Hong Kong’s Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.</p>\n<p>The board continues to be chaired by Mr. Liu Xin and includes three executive directors, one employee director, one non-executive director, and three independent non-executive directors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02488","symbol_name":"元征科技","start_time":0,"source_url":"","article_id":"1106371904","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106371904","pubTimestamp":1778229833,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Launch Tech Company Limited announced the successful completion of its H Share Full Circulation plan on 8 May 2026, converting 194.24 million domestic unlisted shares into H shares. Trading of the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02488":"元征科技"},"translate_title":"Launch Tech完成1.9424亿股非上市股份转换，H股比例升至85.54%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02488":1},"content_text":"Launch Tech Company Limited announced the successful completion of its H Share Full Circulation plan on 8 May 2026, converting 194.24 million domestic unlisted shares into H shares. Trading of the newly converted shares will commence on the Hong Kong Stock Exchange at 9:00 a.m. on 11 May 2026.\nPrior to the conversion, Launch Tech’s share capital comprised 253.56 million domestic unlisted shares (61.82%) and 156.60 million H shares (38.18%), totaling 410.16 million shares. Post-conversion, the proportion of domestic unlisted shares drops to 59.32 million (14.46%), while H shares expand to 350.84 million (85.54%), keeping the total share count unchanged at 410.16 million.\nThe company executed the conversion in accordance with Part XIVA of Hong Kong’s Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.\nThe board continues to be chaired by Mr. Liu Xin and includes three executive directors, one employee director, one non-executive director, and three independent non-executive directors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1106371904","isCrawlerRequest":true}