6.31
+4.30%
Close of 9 Nov 2026, in HKD
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About Launch Tech Co
Its shares trade on HKEX under the ticker 2488.HK. It has been listed since 7 October 2002. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.45bn and net income of CN¥400.1m. At that date it held total assets of CN¥2.52bn and shareholders' equity of CN¥1.42bn.
Launch Tech Co. Ltd. engages in the research, development, and production of automotive diagnosis, testing, maintenance, and tire equipment. The company is headquartered in Shenzhen, Guangdong. The company went IPO on 2002-10-07. The firm operates its business through three segments. The Automotive Diagnosis segment is engaged in the research and development, production and sales of automotive diagnostic and inspection products. The Lift segment is engaged in the research and development, production and sales of machinery products in the automotive aftermarket. The Overseas Sales segment is engaged in the development and maintenance of European distributors and customers.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 7 Oct 2002
- Employees
- 1,025
- Website
- cnlaunch.com ↗
Leadership
Pay as last reported
- Mr. Xin LiuExecutive Chairman of the Board, Chief Executive Officer, Chief Compliance Officer, since 2022CN¥548,438
- Wei ZhangChief Technology Officer
- Shiwen JiangChief Information Officer, Executive Director, since 2006CN¥573,716
- Feng GuoDeputy General Manager
- Zhao Huan HuangHead - Domestic Marketing Centre, Executive DirectorCN¥354,338
- Mr. Guozhu LiuExecutive Director
- Guobin HuangHead - Human Resources, Secretary of the Board
- Chun Ming LiuCompany Secretary, Financial Controller, Qualified Accountant
- Mr. Jian PengNon-Executive Director
- Mr. Zhichao BinNon-Executive Independent Director
- Ms. Xujin HeNon-Executive Independent Director
- Ms. Yanxiao ZhangNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Launch Tech Co Ltd possesses several strengths that contribute to its success in the market. Firstly, the company has a strong technological know-how and expertise, allowing it to develop innovative and efficient products. Additionally, Launch Tech Co Ltd has established a solid reputation for quality and reliability, which helps build trust with its customers. Furthermore, the company benefits from an extensive distribution network, enabling widespread availability of its products globally.
Weaknesses
- Despite its strengths, Launch Tech Co Ltd also faces certain weaknesses that need to be addressed. One of the weaknesses is its heavy reliance on a single product line, which makes it vulnerable to market fluctuations. This lack of product diversification can limit potential revenue streams and increase business risks. Another weakness is the relatively high manufacturing costs, which may affect the company's profitability compared to some competitors. Launch Tech Co Ltd should focus on mitigating these weaknesses to maintain a competitive edge.
Opportunities
- Launch Tech Co Ltd operates in a dynamic market that presents various opportunities for growth and expansion. One such opportunity is the increasing demand for automotive diagnostic and repair tools worldwide. Launch Tech Co Ltd can capitalize on this trend by introducing new, cutting-edge products and capturing a larger market share. Furthermore, the growing emphasis on eco-friendly technologies presents opportunities for the development of environmentally sustainable diagnostic tools, aligning with the company's commitment to innovation and social responsibility.
Threats
- Alongside the opportunities, Launch Tech Co Ltd must also navigate potential threats in its competitive landscape. One major threat is the presence of strong competitors who offer similar products and have established market positions. To counter this, Launch Tech Co Ltd needs to invest in continuous research and development to maintain its technological advantage. Moreover, economic uncertainties and fluctuations can pose a threat to the company's growth and profitability, necessitating proactive strategies to mitigate risks and diversify revenue streams.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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