The 2025 Chinese listed companies "Ying Hua Award" unveiling. Launch Tech (02488) won the "Hong Kong Stock Growth Demonstration Case" award.

On September 16th, the results of the "2025 China Listed Company Yinghua Demonstration Case Selection and Most Popular Listed Company Selection by Institutional Investors" hosted by China Fund News were officially announced. The global automotive diagnostic equipment leader LAUNCH TECH (02488) won the "Hong Kong Stock Growth Demonstration Case" award for its outstanding performance in technology innovation and growth value. The "Yinghua Awards" for outstanding listed companies was initiated by China Fund News, with 15 awards including Hong Kong Stock Growth Demonstration Cases, Hong Kong Stock Science and Technology Innovation Demonstration Cases, and Hong Kong Stock Overseas Demonstration Cases. The aim is to objectively evaluate the comprehensive strength and value of companies from the perspective of long-term investment and value investment, with the goal of discovering listed company benchmarks with demonstrative effects in areas such as venture capital and technological innovation, and providing reference examples for the high-quality development of the capital market. As a global leader in the automotive diagnostic field, LAUNCH TECH launched three major strategies in 2024: Intelligent Diagnostic Service (ADS), AI Auto Service (AAS), and Electric Vehicle Service (EVS), aiming to create an intelligent car fault analysis and prediction system, provide AI services for car owners, repair shops, car manufacturers, and parts suppliers, and provide customers with new energy vehicle repair station upgrades and after-sales services. The company has achieved positive results in this area. The mid-year report for 2025 shows that the company's operating income reached 981 million yuan, a year-on-year increase of 10%; net profit was 194 million yuan, with a year-on-year growth rate of 28.47%, demonstrating strong development momentum. High-margin businesses such as software, remote diagnostic services, and car data all showed significant growth. In the first half of 2025, customer software purchases amounted to 104 million yuan, a 28% increase year-on-year, customer purchases of remote diagnostic services amounted to 8.7 million yuan, a 53% increase year-on-year, and data revenue reached 7.9 million yuan, a 61% increase year-on-year. LAUNCH TECH has gradually evolved from a manufacturing enterprise to an intelligent software and data enterprise. Winning the "Yinghua Award - Hong Kong Stock Growth Demonstration Case" is an official recognition of LAUNCH TECH's transformation from traditional manufacturing to intelligent software and data services. Against the backdrop of the global automotive digital service market expected to surpass 250 billion US dollars in 2025, the company has entered the fast-growing field of diagnostics and data analysis, demonstrating high alignment with industry trends. This award further validates the sustainability of its business model, highlighting its benchmark value in the global automotive intelligence wave.