Launch Tech Postpones Circular on Revised Annual Caps for Connected Transactions to 8 September 2026

Bulletin Express09-01

Launch Tech Company Limited announced a one-week delay in distributing its shareholder circular related to revisions of annual caps under a Supplemental Framework Purchase Agreement for continuing connected transactions. The document, originally scheduled for release on or before 1 September 2026, is now expected to be dispatched on or before 8 September 2026 to allow additional time for completion and final review.

The forthcoming circular will include: 1. The Board’s detailed explanation of the Supplemental Framework Purchase Agreement and the proposed new annual caps. 2. Independent assessments from both the Independent Board Committee and an Independent Financial Adviser. 3. Other disclosures required under Hong Kong Listing Rules and the formal notice of the forthcoming Extraordinary General Meeting.

The Board of Launch Tech currently comprises eight directors: Chairman Liu Xin, executive directors Huang Zhao Huan and Jiang Shiwen, employee director Liu Guozhu, non-executive director Peng Jian, and independent non-executive directors Zhang Yanxiao, He Xujin and Bin Zhichao.

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