Launch Tech (2488) Announces Articles Amendments, Capital Reduction, and SGM Schedule

Bulletin Express2025-11-04

Launch Tech Company Limited (Stock Code: 2488) released details regarding proposed amendments to its Articles of Association, including abolishing its Supervisory Committee and creating the role of an Employee Director. The company also announced a proposed capital reduction due to completed H share repurchases, leading to a decrease in its registered capital from RMB415,788,100 to RMB410,155,600. The number of outstanding H shares dropped to 156,595,600 from 162,228,100.

A Special General Meeting (SGM) is scheduled on 19 November 2025 at 10:00 a.m., to be held at the 10/F R&D Block of Launch Industrial Park, Shenzhen, the PRC. The SGM will consider and vote on these amendments and the related capital reduction plan. Shareholders of record as of 13 November 2025 may attend in person or by proxy. The final voting results, once ratified, will authorize updates to the official registration and confirm the new share structure.

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