tiprankstipranks
Advertisement
Advertisement

Launch Tech Declares Final 2025 Dividend and Sets Payout, Tax Terms for H Shareholders

Story Highlights
  • Launch Tech declared a final 2025 dividend of RMB 0.41 per share, payable in HKD.
  • The company detailed RMB-to-HKD conversion and withholding tax rules affecting H shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Launch Tech Declares Final 2025 Dividend and Sets Payout, Tax Terms for H Shareholders

Claim 55% Off TipRanks

The latest announcement is out from Launch Tech Co. Ltd. Class H ( (HK:2488) ).

Launch Tech Company Limited has declared a final ordinary cash dividend of RMB 0.41 per share for the financial year ended 31 December 2025, equivalent to HKD 0.466 per H share based on an exchange rate of RMB 1 to HKD 1.1368. The dividend, subject to shareholder approval on 24 April 2026, will be paid on 22 May 2026 to shareholders on record as of 7 May 2026, following an ex-dividend date of 28 April 2026 and a book closure period from 30 April to 7 May.

Dividend payments to H shareholders will be calculated in RMB and settled in HKD, using the average RMB/HKD rate announced by the People’s Bank of China in the week before the shareholders’ meeting approving the dividend. The company also outlined withholding tax arrangements, applying a 10% enterprise income tax rate for non-resident enterprise shareholders and generally a 20% individual income tax rate for certain PRC-resident individual H shareholders, clarifying the net amounts investors can expect to receive under current Chinese tax rules.

The most recent analyst rating on (HK:2488) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Launch Tech Co. Ltd. Class H stock, see the HK:2488 Stock Forecast page.

More about Launch Tech Co. Ltd. Class H

Launch Tech Company Limited is a Hong Kong-listed enterprise operating in the automotive diagnostics and related technology sector, with its H shares traded under stock code 02488. The company serves both domestic Chinese and international markets, focusing on providing advanced vehicle diagnostic solutions and associated services to automotive professionals and organizations.

Average Trading Volume: 645,048

Technical Sentiment Signal: Hold

Current Market Cap: HK$3.27B

For detailed information about 2488 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1