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.