Last $7.16 HKD
Change Today -0.15 / -2.05%
Volume 811.0K
2488 On Other Exchanges
Hong Kong
As of 4:01 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

launch tech company ltd-h (2488) Snapshot

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07/14/14 - $10.00
52 Week Low
09/23/13 - $1.28
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launch tech company ltd-h (2488) Details

Launch Tech Company Limited provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China, Europe, the United States, and internationally. The company operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the development, manufacture, and sale of auto diagnosis, auto testing, and auto cleaning equipment and service solutions for workshops. Its product portfolio includes golo, scan tools, lifts, wheel aligners, auto transmission fluid changers, injector cleaners, engine analyzers, and battery system chargers. The company was founded in 1992 and is headquartered in Shenzhen, the People’s Republic of China.

Founded in 1992

launch tech company ltd-h (2488) Top Compensated Officers

Co-Founder, Chief Executive Officer, Complian...
Total Annual Compensation: CNY456.0K
Founder, Chairman and Member of Nomination Co...
Total Annual Compensation: CNY494.1K
Chief Information Officer, Vice President and...
Total Annual Compensation: CNY519.4K
Head of Lifters Product Line
Total Annual Compensation: CNY312.8K
Vice President, Head of Domestic Marketing Ce...
Total Annual Compensation: CNY300.0K
Compensation as of Fiscal Year 2013.

launch tech company ltd-h (2488) Key Developments

Launch Tech Company Ltd. Announces Board Changes

The Board of Launch Tech Company Ltd. announced that Mr. Pan Zhongmin retired as an Independent Non-Executive Director and the Chairman and a Member of the Audit Committee of the company at the AGM held on June 16, 2014 and Ms. Zhang Yan has been appointed as an Independent Non-Executive Director at the AGM.

Launch Tech Company Ltd. to Amend Articles of Association

Launch Tech Company Ltd. at the AGM to be held on June 16, 2014 announced to amend Article 95, Article 18, Article 21 of the Articles of Association.

Launch Tech Company Ltd., Annual General Meeting, Jun 16, 2014

Launch Tech Company Ltd., Annual General Meeting, Jun 16, 2014., at 11:00 China Standard Time. Location: The conference room, 9th Floor, Office Block. Agenda: To approve directors' report for the year ended 31 December 2013; to consider supervisory committee's report for the year ended 31 December 2013; to consider audited financial statements and the report of the auditors of the company for the year ended 31 December 2013; to re-appoint Da Hua Certified Public Accountants as the independent auditor of the company and to authorize the board of Directors to fix their remuneration; to consider and re-elect Ms. Huang Zhao Huan as the company's executive Director; to consider and re-elect Mr. Jiang Shiwen as the company's executive Director; to consider and appoint Ms. Zhang Yan as the company's independent non-executive Director; and to authorize the Board to enter into, for and on behalf of the company, a new service contract with the newly re-elected Directors and Supervisor; to consider and approve the grant of general mandate to the Board of Directors for the issue of new shares of the company; and to discuss other matters.


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Valuation 2488 Industry Range
Price/Earnings 100.0x
Price/Sales 2.4x
Price/Book 2.8x
Price/Cash Flow 183.6x
TEV/Sales 1.3x

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