Launch Tech announces capital reduction and creditor notification
Launch Tech Company Limited announced a reduction in its registered capital to RMB410,155,600. This follows the repurchase of H shares authorized by its annual general meeting on April 25, 2025, which reduced the number of H shares to 156,595,600 as of September 29, 2025. The capital reduction was approved by a resolution at the company's SGM on November 19, 2025.
In accordance with PRC Company Law and its Articles, Launch Tech will inform creditors within ten days of the resolution and publish an announcement at least three times in a newspaper or the National Enterprise Credit Information Publicity System within thirty days. Creditors have thirty days from receiving notice, or forty-five days from the announcement date for those not notified, to request debt reimbursement or a guarantee.
Creditors must submit originals and photocopies of contracts or other evidence of debt. Legal entities need to provide business licenses and legal representative’s identity documents, while natural persons require a valid identity document. Claims can be mailed to R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, PRC, to the attention of Ma Lu (Post Code: 518129), marked "Declaration of Rights of Debts".
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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