LAUNCH TECH (02488) applies for H-share full circulation

LAUNCH TECH (02488) announced that the company has submitted an application to the China Securities Regulatory Commission on July 1, 2025, for the implementation of full circulation of H shares. This will convert the company's 194 million unlisted shares, equivalent to approximately 46.80% of the total issued share capital as of the date of this announcement, into overseas listed shares of the company listed on the Stock Exchange of Hong Kong. The company will also apply to the Stock Exchange of Hong Kong for approval for the listing and trading of these H shares on the main board.