Launch Tech Company Limited 2488.HK Stock

Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. It operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the research and development, production, and sale of car diagnosis, testing, and maintenance equipment; development, production, and sale of automotive diagnosis, inspection, repair, and maintenance software; development, production, and sale of auto electronic products; and provision of information network services. It also provides consulting services of electronic products and technical; technology exchange, transfer, and promotion; artificial intelligence public data platform; software development; big data technology services; communication equipment; and Internet information consultation services, as well as develops, trades in, distributes, and sells computer software and hardware, and peripherals. In addition, the company engages in the development and distribution of electronic products; computer network project, computer graphic design, and corporate image planning businesses; and provision of various commodities and technologies import and export, and agent services activities. Further, it is involved in the development of application software; production of automobiles maintenance machines and equipment, and automobile warranty machines, such as automobile spray booths, tire balancers, tire changers, 4-wheel aligners, frame racks, and automobile testing lines; and development and sale of information system software and car sharing technology. The company was founded in 1992 and is headquartered in Shenzhen, the People's Republic of China.