Our Story
Stock code
HK 02488
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COMPANY OVERVIEW
Founded in 1992, Launch Tech Co., Ltd. is one of China’s earliest high-tech enterprises engaged in the research and production of automotive diagnostic, testing, maintenance, and tire equipment. In 2002, Launch was listed on the Second-board Market of Hong Kong (Stock Code: 8196) and successfully transferred to the Main Board of Hong Kong in 2011 (Stock Code: 2488). Over the years, Launch has focused on in-depth research in the automotive technology, offering advanced automotive diagnostic software design, maintenance, updates, and after-sales support services to global customers. Launch's products now cover more than 200 countries and regions worldwide, and the company has established long-term partnerships with over 800 global suppliers.
CORE BUSINESS AND TECHNOLOGICAL ADVANTAGES
· Automotive Diagnostics and Testing
Launch has always been at the forefront of automotive diagnostic technology. As early as 1994, the company introduced the concept of the "automotive aftermarket" in China, based on advanced automotive diagnostic and testing technology. Launch has developed a product line that includes automotive diagnostics, inspection, maintenance, and lifts. The "X-431" series equipment launched by Launch has set a benchmark in the industry for diagnostic technology.
· Telematics Technology
Leveraging over 20 years of technological accumulation, Launch has developed a telematics chipset with independent intellectual property rights and launched a series of smart telematics hardware products. These provide world-leading remote automotive diagnostic functions, solidifying Launch's leading position in core telematics technology.

GLOBAL R&D NETWORK
Launch adheres to the principles of technological innovation and independent research and development, with a large and technically strong global R&D team. In addition to its R&D center in Shenzhen, China, Launch has established R&D teams in the United States, Germany, Italy, the United Kingdom, Malaysia, and other regions. After years of technological accumulation, the company holds hundreds of patents and has received extensive recognition in countries such as China, the United States, Germany, and Australia, including awards from government agencies and leading industry publications.

MARKET STRATEGY AND SERVICES
The company is committed to customer satisfaction and enhancing the customer experience as its core goals, striving to establish an exceptional brand in the global automotive service sector and become an industry leader.
· AI Auto Service
We leverage big data and artificial intelligence technologies by developing AutoGPT to provide world-class intelligent automotive services. Our goal is to become the global leader in intelligent automotive services, offering customers exceptional technical support and personalized services.
· AI Diagnostic Service
We focus on remote diagnostics, intelligent diagnostics, and parts services, aiming to become a world-class provider of intelligent automotive diagnostic services. Through continuous innovation, we deliver precise and efficient solutions to the global automotive repair industry.
· Electric Vehicle Service
We are committed to promoting the future of electric vehicles by offering comprehensive training, equipment sales, and vehicle sales services, with a fully digitalized operation model. We aim to lead the global automotive industry’s green transformation and become a pioneer in the electric vehicle sector.

CORPORATE CULTURE AND FUTURE OUTLOOK
Launch upholds the corporate culture of "Innovation, Quality, Efficiency, Professionalism, and Competitiveness," with a people-oriented approach, continuously driving technological innovation. The company will continue to advance along the path of high-tech development, providing better products and solutions to global customers through ongoing innovation and premium service.
MILESTONE
2021-2020
2019-2013
2012-2006
2005-1999
1998-1992
2021
Won the title of '2020 Guangdong Province Intellectual Property Demonstration Enterprise'. March, 2021
2020
· The whole product line of Launch lifts have passed the certification of transportation products. July, 2020
· Selected as '2019 Guangdong Engineering Technology Research Center'. March, 2020
2019
· Launch Blockchain patents ranked sixth in the world. 2019
· The X-431 Mobile Diagnostic Center won the Red Star Award of China's design industry. December, 2019
· Won the '2019 (Ninth) Auto Service Golden Award Terminal Influential Brand' issued by Auto Service World. December, 2019
· Won the 2019 Auto Equipment | Well-known Tool Brand Award issued by Huicong.com. December, 2019
· Selected as one of the top 500 Shenzhen enterprises. July, 2019
· Obtained the 2018 Guangdong Province 'Contract-honoring and Credit-keeping' Enterprise Certification. June, 2019
· Won the 'Top 20 Exporters of China's Auto Maintenance Equipment Manufacturers in 2018' and 'Influential Brand in the Automotive Aftermarket of Bohai Rim'. March, 2019
· The X-931 Contactless Wheel Aligner was rated as one of the annual 'TOP 20' maintenance tools. March, 2019
2018
· Sponsored the '2018 Russian Service Master Professional Competition'. May, 2018
· In the '2018 (6th) Auto Service Golden Medal Award Ceremony', Launch won two awards, 'Industrial Internet TOP30' and 'Outstanding Contribution Award'. President Charles Liu won the price of 'Leader of the Year'. March, 2018
· The 26th Identification and Investigation Training Conference of INTERPOL 'Organized and Emerging Crime Directorate' was held in LAUNCH. March, 2018
· Launch passed the intellectual property management system certification. January, 2018
2017
· First prize of modernization innovation achievement on national automobile industry management section, was awarded to Launch. August, 2017
· Launch was elected as vice president of China Auto Maintenance Equipment Industry Association membership. June 2017
· Launch was listed as "Trustworthy enterprise of 2016". Jun 2017.
· "Member of the National Committee of Experts on Automotive Maintenance Technology Information Disclosure" was awarded to Launch CEO Charles Liu. May 2017
· "Outstanding leader of the year " was awarded to Launch CEO Charles Liu by Automotive electronics industry. May 2017
· Launch awarded the five-star title of "2016 China Auto Industry Integrity Enterprise". Mar 2017
· Launch won the "2nd membership of Shenzhen Quality Market Promotion Association" Mar 2017
· The CR982 was awarded "2016 Top 20 Best Maintenance Tool " and "2016 Science and Technology Innovation Product " . Mar 2017
· "LAUNCH" brand passed the review "Shenzhen Well-Known Brand" for three consecutive times. Jan 2017
2014
LAUNCH Technology was awarded China’s Internet of Vehicle Excellent Enterprises in 2013
2013
LAUNCH Technology was awarded Brilliant 30 years of China' automobile social commonweal Enterprise
2012
· LAUNCH was awarded Shenzhen Top100 innovation enterprise of the year 2011
· Automobile fault diagnostic instrument was awarded China’s Top 20 automobile product export of the year 2011
· Wheel aligner was awarded China’s Top 20 automobile product export of the year 2011
· LAUNCH was awarded China’s Top 20 automobile equipment export enterprise of the year 2011
· LAUNCH Technology and LAUNCH Software was awarded Top100 the software business’s income enterprise in Guangdong Province
· LAUNCH Technology was awarded Brilliant 30 years of China's automobile innovation Enterprise
· X431 PAD was awarded China’s automobile “Huacai” quality product and Top 10 automobile “Huacai” product in inspection categories
2011
· In November, LAUNCH introduced the latest diagnostic equipment of X431 GDS
· In September, LAUNCH researched and introduced X712 3D wheel aligner
· In August 3, LAUNCH Technology started Marketing Management Consulting Project
· In July, Shanghai Machinery began to the second phase of project
· In June 6, LAUNCH worked together with ZTE to release the first mobile diagnostic software
· In June 15, The 16th LAUNCH Forum was held successfully in Wuhan
· In March 28, LAUNCH transferred successfully from GEM board to Main Board of Hong Kong Stock Exchange, the stock code is 2488
2010
· In January, LAUNCH started the procedure of transformation from GEM board to Main Board of Hong Kong Stock Exchange
· In March, The latest technologic diagnostic product X431 3G was released in Beijing
· In June, The latest technologic diagnostic product X431 3G was released in Beijing
· In June 16, The 15th LAUNCH Forum was held successfully in Nanchang
· In July,LAUNCH gain 20 million subsidies by the Ministry of Finance
· In October, SPX hold the stock of LAUNCH Technology
· In December, LAUNCH researched and introduced high end balance machine KWB503 with all of its proprietary intellectual property Technology
2009
· In January, LAUNCH domestic branches practiced the management modes of revenue and expenditure
· In April 1, The system of IPD is in trail operation in LAUNCH
· In June 9, The 14th LAUNCH Forum was held successfully in Guilin
· In October, LAUNCH started the mode of Just In Time produce ( JIT)
· In December, LAUNCH made a heavy push into car and electronics industries
2008
· In January 1, LAUNCH Argentina office was established
· In January 8, LAUNCH was awarded “National Science &Technology Progress Award (second class)
· In February, LAUNCH Machinery Department was moved to Shanghai
· In February, LAUNCH Machinery Department was moved to Shanghai
· In February, LAUNCH Korea office was established
· In March, LAUNCH held distributor forum, the mode of marketing sale changed from direct selling to selling from distributor
· In May 1, LAUNCH Maintenance Department merged into LAUNCH Inspection Department
· In June 10, LAUNCH developed and introduced X-631 wheel aligner
· In June 10, The 13th LAUNCH Forum was held
· In June 11, LAUNCH Technology developed and introduced officially refrigerant recycling machines named VALUE-100
· In September, LAUNCH started to carried out the system of IPD
· In October 8, LAUNCH Beijing Automotive Electronics Research Institute was established
· In November, LAUNCH Beijing Automotive Electronics Research Institute was established
· In December, Inspection and equipment was merged into LAUNCH software
2007
· In March, LAUNCH CRM system has been put into operation officially
· In May, LAUNCH Brazil office was established
· In July 26, LAUNCH adjusted the market organizational structure to set up four regions such as Europe/America /Asia Pacific/China
· In August 26, LAUNCH have developed and introduced officially vehicle diagnostic tool CRecorder for car owner
· In August 27, LAUNCH was selected “Shenzhen private leading enterprise”
· In October, LAUNCH established Overseas Call Center
· In October 31, LAUNCH signed a strategic cooperation agreement with WEICHAI Company
· In November 1, LAUNCH opened distributor management platform (http://globallink.cnlaunch.com)
2006
· In February 8, LAUNCH used the OA system officially
· From January 23 to 25, LAUNCH held 2006 working conference in Shenzhen
· In February, X-431 products series was awarded Best Products of the Year in 2005
· In March 31, LAUNCH first workshop was successfully roofed in LAUNCH Technology Park
· In April 1, LAUNCH used abacus system officially
· In April 1, LAUNCH adjusted the modes of domestic marketing sale
· In April 28th, LAUNCH Technology Park Column Engineering was roofed
· In August 25, LAUNCH was moved to the new park
· In August 31, Ceremony of completing of LAUNCH industrial park was held
· In September, LAUNCH Call Center system in china has been put into operation
2005
· In March, LAUNCH cooperated with Korea Company SK to established joint venture of Car Service Company, starting cooperation in quick repairing industry
· In July, LAUNCH put forward a new goal that LAUNCH become a famous brand in global automotive aftermarket within three years to five years, to be world NO.1 in the aspect of four direction of development and six kinds of product series.
· In September, LAUNCH general agents in France was established
2004
· In March, LAUNCH invested 25 million dollar to set up the Asian largest lift production base
· In April, the first LAUNCH vehicle department store was opened in Chengdu
· In September, X-431 ranked first in the comprehensive assessment by European professional authorized magazine named《kfz-Meister Service》
· LAUNCH’s international strategy made preliminary achievements, which attributed to overseas business grew substantially.
· X-431 Super electric eye was awarded “Top 20 Tools 2014”
2003
· In March, LAUNCH planned to implement millionaires club for encouraging employee
· In May, LAUNCH took over a Germany company and built European representative offices.
· In October, LAUNCH took over successfully the first domestic “Yunzheng” Internet Operational Yaqiao software.
· LAUNCH planned to implement millionaires club for encouraging employee
2002
· In October, LAUNCH was listed on Hong Kong’s GEM board (Stock code: 8196)
· LAUNCH established Russia, the Middle East, Australia and other overseas agents
2001
· LAUNCH was named Top 100 technology enterprises in Shenzhen
· LAUNCH Baiyun Automotive Institute was established
· LAUNCH had passed ISO9001 2000 version of quality certification system
2000
LAUNCH successfully developed engine analyzer CAR-e-CARe vehicle fault diagnosis system, Vehicle test condition recorder, vehicle dashboard information unit, vehicle code scanner Creader
1999
LAUNCH became National Scientific and Technological achievements demonstration enterprise
1998
· LAUNCH successfully developed the fourth generation of X431 ME electric eye and enhanced-typed 431ME-1 electric eye
· Automobile electronic control inspection equipment was identified as National Torch Program Project
1997
According to the marketing survey by People's Daily, The market share of X-431 Super electric eye occupied the first places in china, leading Automotive Aftermarket development.
1996
Automobile electronic control inspection product series was identified as high and new advanced technology project by Shenzhen Municipal Science and Technology Bureau
1995
Marketing network was established to promote the LE100
1994
LE100 be published, LAUNCH created a precedent for automobile electronic control troubleshooting, which indicates that China entered a new era of vehicle maintenance.
1992
LAUNCH TECH CO., LTD. was established in August in Shenzhen.
HONOR
The X-431 3G products won the "20 Best" maintenance tool products of "Automobile Repair and Maintenance" magazine in 2010
2022.03
The X-431 3G products won the "20 Best" maintenance tool products of "Automobile Repair and Maintenance" magazine in 2010
LAUNCH X-431 3G won the top 10 in China's auto maintenance equipment industry in 2011 (annual auto maintenance equipment and tools classic quality awa
2022.03
LAUNCH X-431 3G won the top 10 in China's auto maintenance equipment industry in 2011 (annual auto maintenance equipment and tools classic quality awa
The Famous Trademark Certification of Guangdong
2022.03
The Famous Trademark Certification of Guangdong
LAUNCH Software Development Co., Ltd. awarded the top 100 enterprises in Shenzhen software business in 2010
2022.03
LAUNCH Software Development Co., Ltd. awarded the top 100 enterprises in Shenzhen software business in 2010
The Vehicle Diagnostic Tool won the top 20 exporters of China's single auto maintenance products in 2009
2022.03
The Vehicle Diagnostic Tool won the top 20 exporters of China's single auto maintenance products in 2009
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Quality System
ISO 45001: 2018 Occupational Health and Safety Management System Certificate
ISO 45001: 2018 Occupational Health and Safety Management System Certificate
ISO 14001: 2015 Environmental Management Experience Certificate
ISO 14001: 2015 Environmental Management Experience Certificate
ISO 9001: 2015 Quality Management System Certificate
ISO 9001: 2015 Quality Management System Certificate
IATF 16949: 2016 Quality Certificate
IATF 16949: 2016 Quality Certificate
ISO/TS 16949: 2009 Quality Certificate
ISO/TS 16949: 2009 Quality Certificate
ISO 9001: 2008 Quality Management System Certificate
ISO 9001: 2008 Quality Management System Certificate
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