Launch Tech Shareholders Approve All Resolutions at 2026 AGM, Backing Board and Auditor

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

Launch Tech Company Limited reported that all resolutions proposed at its 24 April 2026 annual general meeting in Shenzhen were duly passed by poll, with voting conducted on the company’s entire issued share capital of 410,155,600 shares. The meeting was chaired by executive director and board chairman Liu Xin, with Computershare Hong Kong Investor Services acting as scrutineer to oversee the vote-taking process.

Shareholders unanimously approved the directors’ report and the audited financial statements and auditors’ report for the year ended 31 December 2025. They also confirmed the re-appointment of Da Hua Certified Public Accountants as independent auditor, giving the board authority to fix its remuneration.

Investors further endorsed the continuity of the existing leadership by re-appointing executive directors Jiang Shiwen and Huang Zhao Huan and non-executive director Peng Jian, with the board empowered to determine their pay. Approval was also granted for the board to enter into new service contracts with the re-appointed directors, reinforcing governance stability and signaling shareholder support for the current strategic direction.

More about Launch Tech Co. Ltd. Class H

Launch Tech Company Limited is a PRC-incorporated joint stock company listed in Hong Kong under stock code 2488. The company operates in the automotive diagnostic and related technology sector, providing equipment and solutions to vehicle service markets in China and overseas. Its business targets professional repair shops, service networks, and other automotive aftermarket participants seeking advanced diagnostic tools.

Average Trading Volume: 547,374

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.45B

For a thorough assessment of 2488 stock, go to TipRanks’ Stock Analysis page.