Launch Tech Company Ltd. reported preliminary audited consolidated earnings results for year ended December 31, 2012. For the period, operating income was RMB 612,476,020.56 compared to RMB 792,926,100.72 in the same period last year. Net loss attributable to owners of parent company was RMB 43,568,621.04 compared to profit of RMB 122,784,913.52 in the same period last year. Basic loss per share was RMB 0.7218 compared to earnings per share of RMB 2.0342 a year ago. Net cash flow during the reporting period from operating activities amounted to RMB 49,186,000 against RMB 155,446,000 a year ago. Total comprehensive loss attributable to owners of parent company was RMB 45,157,181.55 compared to income of RMB 124,900,903.65 in the same period last year.

The board of directors Launch Tech Company Ltd. at its special general meeting held on March 18, 2013 approved the amendments to Article 149 and Article 150 of the articles and association of the company and incorporate the same into the articles of association of the company. The company announced that Ms. Liu Xiao Hua, a Non-Executive Director of the company, is scheduled to retire by rotation pursuant to Article 97 of the company's Articles of Association upon expiry of her term of appointment on March 17, 2013. Ms. Liu has not sought for re-election after the expiry of her term of appointment.

Launch Tech Company Ltd. announced that they will report fiscal year 2012 results on Mar 22, 2013