Launch Tech Company Limited — Delisting Announcement 2012

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深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED[*]

(a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock code: 2488)

APPROVAL OF WITHDRAWAL APPLICATION FOR LISTING ON SHENZHEN STOCK EXCHANGE

Reference is made to the Announcement of Launch Tech Company Limited (the “Company”) dated 30 October 2012 in relation to the Company’s recent application to the China Securities Regulatory Commission (the “CSRC”) to withdraw its application for listing of the Company’s A shares on the Shenzhen Stock Exchange (the “A Shares Listing”). Unless otherwise defined herein, capitalised terms used in this announcement shall bear the same meanings as defined in the Announcement.

Reference is also made to the Prospectus (application version) submitted to the CSRC in connection with the A Shares Listing which was published on the website of the Stock Exchange (www.hkexnews.hk) on 29 February 2012 (the “Draft Prospectus”).

The Company’s application to withdraw the application for the A Shares Listing was approved by the CSRC on 6 November 2012. In consequence of the withdrawal of application, the board of directors of the Company would like to announce that the Company will not proceed with one of the three proposed projects mentioned in the Draft Prospectus, namely “The Renovation Project of the Production Line of the Vehicle Diagnosis and Automobile Electronic Product”, whereas the two remaining projects, namely “Research and Development Center Construction Project” and “Network Integrated Service Platform Construction Project Based on the Vehicle Diagnosis Technology” will be financed by internal resources and banking facilities, if necessary and appropriate. The Company shall consider re-launching application for listing of the Company’s shares in the PRC at the right time in future.

By Order of the Board Launch Tech Company Limited Liu Chun Ming Company Secretary

7 November 2012 Shenzhen, the PRC

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As at the date of this announcement, the board of directors of the Company comprises Mr. Liu Xin (Chairman), Mr. Liu Jun, Ms. Huang Zhao Huan and Mr. Jiang Shiwen as executive Directors, Ms. Liu Yong and Ms. Liu Xiaohua as non-executive Directors, and Mr. Pan Zhongmin, Mr. Liu Yuan and Dr. Zou Shulin as independent non-executive Directors.

• for identification purposes only

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