Launch Tech Converts 194.24 Million Domestic Shares into H Shares, Lifting Free Float to 350.84 Million

Bulletin Express06-04

Launch Tech Company Limited (Launch Tech) disclosed that on 8 May 2026 it converted 194.24 million unlisted domestic shares into an equal number of H shares. As a result, the company’s H-share register expanded from 156.60 million to 350.84 million at end-May 2026, while the domestic-share balance contracted from 253.56 million to 59.32 million. Total issued share capital remained unchanged at 410.16 million shares, indicating a pure re-designation rather than a fresh issuance.

The enlarged H-share base ensures compliance with the Main Board’s 25% minimum public-float requirement, as confirmed by the company. Launch Tech reported no outstanding treasury shares and executed no share repurchases, option exercises, warrant conversions or other equity-linked issuances during the month.

Authorised share capital stands at RMB 410.16 million, split between ordinary H shares and domestic shares with par values of RMB 1.00 each. All requisite approvals and regulatory filings related to the conversion have been completed, according to the company secretary’s filing on 4 June 2026.

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