Launch Tech Company Limited — AGM Information 2020

Jun 5, 2020

THIS SUPPLEMENTAL CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this supplemental circular, or as to the action to be taken, you should consult a stockbroker, or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in Launch Tech Company Limited (the “ Company ”), you should at once hand this supplemental circular together with the enclosed second form of proxy to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this supplemental circular, make no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this supplemental circular.

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)

(1) SUPPLEMENTAL CIRCULAR

TO

THE CIRCULAR TO SHAREHOLDERS DATED 29 APRIL 2020; (2) SUPPLEMENTAL NOTICE OF AGM;

(3) SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING; AND

(4) SUPPLEMENTAL NOTICE OF DOMESTIC SHAREHOLDERS’ CLASS MEETING

This supplemental circular should be read together with the circular of the Company in relation to, among other things, the repurchase mandate and issue mandate dated 29 April 2020.

Supplemental notices dated 5 June 2020 convening the AGM, H Shareholders’ Class Meeting and Domestic Shareholders’ Class Meeting to be held at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2019 at 10:00 a.m., is set out on pages 8 to 13 of this supplemental circular.

Whether or not you intend to attend the Shareholders’ Meetings, you are reminded to complete the second proxy form enclosed with this supplemental circular, in accordance with the instructions printed thereon and return the same to the Company’s H Share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) as soon as possible but in any event not less than 24 hours before the respective time fixed for holding the Shareholders’ Meetings or at any adjournment thereof. Completion and delivery of the said proxy form will not prevent you from attending, and voting in person at, the Shareholders’ Meetings or at any adjourned meeting if you so wish.

• for identification purpose only

5 June 2020

CONTENTS

	Page
DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1
LETTER FROM THE BOARD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3
APPENDIX – PROPOSED AMENDMENTS TO
THE ARTICLES OF ASSOCIATION . . . . . . . . . . . . . . . . . . . . . . .	7
SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING . . . . . . . . . . . . .	8
SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING . . . . . .	10
SUPPLEMENTAL NOTICE OF
DOMESTIC SHAREHOLDERS’ CLASS MEETING . . . . . . . . . . . . . . . . . . . . . .	12

– i –

DEFINITIONS

In this supplemental circular, the following expressions have the following meanings unless the context requires otherwise:–

“AA or Articles of Association” the Articles of Association of the Company “AGM” the annual general meeting of the Company to be convened and held on Tuesday, 30 June 2020 at 10:00 a.m. “Board” the board of Directors of the Company “Circular” the circular issued by the Company to the Shareholders dated 29 April 2020 in relation to, inter alia, repurchase mandate and issue mandate

• “Closing Time” 24 hours before the time appointed for holding the AGM or any adjournment thereof (as the case may be)

• “Class Meetings” the H Shareholders’ Class Meeting and the Domestic Shareholders’ Class Meeting

• “Company”

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 PRC with limited liability

• “Director(s)” the director(s) of the Company

• “Domestic Shares”

• domestic share(s) of RMB1.00 each in the share capital of the Company which are subscribed for in RMB

• “Domestic Shareholders”

• Holders of the Domestic Shares

• “Domestic Shareholders’ Class Meeting”

• The class meeting of Domestic Shareholders or any adjourned meeting to be held at 10F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2020 at 10:40 a.m., or immediately after the conclusion of the H Shareholders’ Class Meeting or any adjournment thereof (whichever is later)

• “First Form of Proxy”

the form of proxy accompanying the Circular

• “H Shares”

• the overseas listed foreign invested share(s) of RMB1.00 each in the share capital of the Company which are listed on the Main Board of Stock Exchange and subscribed for and traded in HK$

– 1 –

DEFINITIONS

“H Shareholders” Holders of the H Shares “H Shareholders’ Class Meeting” the class meeting of holder of H Shares of the Company to be held at 10F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2020 at 10:20 a.m. or immediately after the conclusion of AGM or any adjournment thereof (whichever is later). “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Notice of AGM” the notice convening the AGM, as set out in the Circular “PRC” the People’s Republic of China, which for the purposes of this supplemental circular, excludes Hong Kong, Taiwan and the Macau Special Administrative Region of the PRC “Second Form of Proxy” the form of proxy accompanying this supplemental circular “Shareholders” the shareholders of the Company “Shareholders’ Meeting” the AGM and Class Meetings “Stock Exchange” The Stock Exchange of Hong Kong Limited

• for identification purpose only

– 2 –

LETTER FROM THE BOARD

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)

Executive Directors Mr. Liu Xin (Chairman) Mr. Liu Jun Ms. Huang Zhao Huan Mr. Jiang Shiwen

Registered office Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC

Non-executive Director Mr. Xia Hui

Independent non-executive Directors Ms. Zhang Yan Mr. Liu Yuan Mr. Ning Bo

Principal place of business Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC

Principal place of business in Hong Kong Unit 1104, Crawford House, 70 Queen’s Road Central, Hong Kong

5 June 2020

To the Shareholders,

Dear Sir or Madam,

(1) SUPPLEMENTAL CIRCULAR

TO

THE CIRCULAR TO SHAREHOLDERS DATED 29 APRIL 2020;

(2) SUPPLEMENTAL NOTICE OF AGM;

(3) SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING; AND

(4) SUPPLEMENTAL NOTICE OF DOMESTIC SHAREHOLDERS’ CLASS MEETING

1. INTRODUCTION

This supplemental circular should be read together with the Circular which contains, among other things, the details of repurchase mandate and issue mandate.

• for identification purpose only

– 3 –

LETTER FROM THE BOARD

The purpose of this supplemental circular is to provide you with the information of additional resolution to be proposed at the Shareholders’ Meetings relating to the proposed amendment of AA at the Shareholders’ Meetings and to provide Shareholders with the Supplemental Notice of Shareholders’ Meetings and the Second Form of Proxy. Unless otherwise defined, capitalised terms used in this supplemental circular shall have the same meanings as those defined in the Circular.

2. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

According to the Reply of the State Council on the Adjustment of the Notice Period of the General Meeting and Other Matters Applicable to the Overseas Listed Companies (Guo Han [2019] No. 97) （《關於調整適用在境外上市公司召開股東大會通知期限等事項規定的批覆》 （國函[2019]97號））, the requirements on the notice period of the general meeting, shareholders’ proposal right and convening procedures for joint stock limited companies incorporated in China and listed overseas shall be unified and governed by the relevant regulations under the Company Law of the People’s Republic of China, instead of the regulations under Articles 20 to 22 of the Special Regulations of the State Council on Overseas Offering and Listing of Shares by Joint Stock Limited Companies（《國務院關於股份 有限公司境外募集股份及上市的特別規定》）.

In view of the changes in regulatory requirements and in light of the actual situations of the Company, the Board considers it fit to make the proposed amendments to Article 92 of the Articles of Association. The proposed amendments to Article 92 is subject to approval by way of a special resolution at each of the AGM, the H Shareholders’ Class Meeting and Domestic Shareholders’ Class Meeting to be held by the Company.

Prior to the passing of the relevant resolutions at the AGM, the H Shareholders’ Class Meeting and the Domestic Shareholders’ Class Meeting, the prevailing Articles of Association shall remain valid.

For details of the Proposed Amendments, please refer to the Appendix to this circular.

3. SUPPLEMENTAL NOTICE OF AGM AND CLASS MEETINGS

As set out in the Circular, the AGM and Class Meetings will be held at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC, on Tuesday, 30 June 2020 at 10:00 a.m. Given that the Notice of Shareholders’ Meetings and the First Form of Proxy do not contain the resolution for the proposed amendment of AA, the Supplemental Notice of Shareholders’ Meetings has been set out on pages 9 to 14 of this supplemental circular, and the Second Form of Proxy has been prepared and is enclosed with this supplemental circular. The Supplemental Notice of Shareholders’ Meetings and the Second Form of Proxy are also published on the respective websites of the Stock Exchange (www.hkexnews.hk) and the Company (http:// www.cnlaunch.com/cn/) and contain the resolutions for the proposed amendment of AA.

4. SECOND FORM OF PROXY

Whether or not you intend to attend the Shareholders’ Meetings, you are requested to complete the enclosed Second Form of Proxy in accordance with the instructions printed thereon and return the same to the H share registrar of the Company in Hong Kong,

– 4 –

LETTER FROM THE BOARD

Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) as soon as practicable and in any event not less than 24 hours before the respective time fixed for holding the Shareholders’ Meetings or at any adjournment thereof. Completion and return of the Second Form of Proxy will not preclude you from attending and voting in person at the Shareholders’ Meetings or any adjourned meeting (as the case may be) should you so wish. In such event, the First Form of Proxy shall be deemed revoked.

A Shareholder who has not yet lodged the First Form of Proxy with the share registrars of the Company is requested to lodge the Second Form of Proxy if he/she wishes to appoint proxy(ies) to attend the AGM and Class Meetings on his/her behalf. In this case, the First Form of Proxy should not be lodged with the share registrars of the Company.

A Shareholder who has already lodged the First Form of Proxy with the share registrars of the Company should note that:

• (a) If no Second Form of Proxy is lodged with the share registrar of the Company, the First Form of Proxy will be treated as a valid proxy form lodged by him/her if correctly completed. The proxy so appointed by the Shareholder will be entitled to vote at his/her discretion or to abstain from voting on any resolution(s) properly put to the AGM and Class Meetings other than those referred to in the Notice of AGM and Class Meetings and the First Form of Proxy, including the resolution set out in the Supplemental Notice of AGM and Class Meetings and the Second Form of Proxy.

• (b) If the Second Form of Proxy is lodged with the share registrars of the Company before the Closing Time, the Second Form of Proxy will revoke and supersede the First Form of Proxy previously lodged by him/her. The Second Form of Proxy will be treated as a valid proxy form lodged by the Shareholder if correctly completed.

• (c) If the Second Form of Proxy is lodged with the share registrars of the Company after the Closing Time, the Second Form of Proxy will be invalid. However, it will revoke the First Form of Proxy previously lodged by the Shareholder, and any vote that may be cast by the purported proxy (whether appointed under the First Form of Proxy or the Second Form of Proxy) will not be counted in any poll which will be taken on a proposed resolution. Accordingly, Shareholders are advised not to lodge the Second Form of Proxy after the Closing Time. If such Shareholders wish to vote at the Shareholders’ Meetings, they will have to attend in person and vote at the Shareholders’ Meetings themselves.

Shareholders are reminded that completion and delivery of the First Form of Proxy and/or the Second Form of Proxy will not preclude Shareholders from attending and voting in person at the AGM and Class Meetings or any adjournment thereof should they so wish. In such event, the instrument appointing a proxy shall be deemed revoked.

– 5 –

LETTER FROM THE BOARD

5. VOTING BY POLL

Pursuant to Rule 13.39(4) of the Listing Rules, all votes of the Shareholders at general meetings must be taken by poll. The Chairman of the meeting will therefore demand a poll for every resolution put to vote at the AGM and Class Meetings in accordance with the Articles and the Listing Rules. An announcement on the poll result will be made by the Company in accordance with the Listing Rules.

6. RECOMMENDATION

The Board is of the view that the proposed amendment of AA is in the interest of the Company and the Shareholders as a whole. Accordingly, the Board recommends the Shareholders to vote in favour of the relevant resolution in respect thereof to be proposed at the AGM and Class Meetings.

7. RESPONSIBILITY STATEMENT

This supplemental circular includes particulars given in compliance with the Listing Rules for the purpose of giving information with regard to the Company. The Directors collectively and individually accept full responsibility for the accuracy of the information contained in this supplemental circular and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief:

• (a) the information contained in this supplemental circular is accurate and complete in all material respects and not misleading;

• (b) there are no other matters the omission of which would make any statement in this supplemental circular misleading; and

• (c) all opinions expressed in this supplemental circular have been arrived at after due and careful consideration.

Yours faithfully, for and on behalf of Launch Tech Company Limited Liu Xin

Chairman

– 6 –

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

APPENDIX

	Article	Article
	number		Existing article		Amended article
	Article		Where the Company convenes a class meeting	of	Where the Company convenes a class meeting of
	92		shareholders, it shall, issue written notices to notify		shareholders, it shall, issue written notices to notify
			the respective shareholders of that class whose		the respective shareholders of that class whose
			names appear in the share register of the items		names appear in the share register of the items
			proposed to be considered and the date and venue		proposed to be considered and the date and venue
			of the meeting forty-five days before that meeting.		of the meeting twenty days before that annual
			Shareholders intending to attend the class meeting		general meeting and fifteen days before that
			shall send written replies to confirm their		extraordinary general meeting. ~~forty-five days~~
			attendance and such replies shall be delivered to the		~~before that meeting. Shareholders intending to~~
			Company twenty days before the meeting.		~~attend~~ ~~the~~ ~~class~~ ~~meeting~~ ~~shall~~ ~~send~~ ~~written~~
					~~replies to confirm their attendance and such~~
			Where the number of voting shares represented by		~~replies shall be delivered to the Company twenty~~
			those shareholders intending to attend the meeting		~~days before the meeting.~~
			is more than half of the total number of voting
			shares of that class, the Company may convene the		Where the number of voting shares represented by
			class meeting. If not, the Company shall, within		those shareholders intending to attend the meeting
			five days, inform the shareholders again of the		is more than half of the total number of voting
			items proposed to be considered and the date and		shares of that class, the Company may convene the
			venue of the meeting by way of an announcement.		class meeting. If not, the Company shall, within
			After making such notification by way	of	five days, inform the shareholders again of the
			announcement, the class meeting of shareholders		items proposed to be considered and the date and
			may be convened by the Company.		venue of the meeting by way of an announcement.
					After making such notification by way of
			The quorum formed by the holders holding at least		announcement, the class meeting of shareholders
			one-third of any class of shares issued is required		may be convened by the Company.
			to convene the respective class meeting	of
			shareholders (except the adjourned meeting) for the		~~The quorum formed by the holders holding at~~
			purpose of considering the amendment of the rights		~~least one-third of any class of shares issued is~~
			of that class of shares.		~~required to convene the respective class meeting~~
					~~of shareholders (except the adjourned meeting)~~
					~~for the purpose of considering the amendment of~~
					~~the rights of that class of shares.~~
					If there are special requirements by the listing
					rules of the stock exchange where the Company’s
					shares are listed, such requirements shall prevail.

– 7 –

SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

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)

SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

Reference is made to the notice (the “ Initial Notice ”) of annual general meeting (“ AGM ”) dated 29 April 2020, by which the Company convenes the AGM held at the conference room, 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2020 at 10:00 a.m. and this supplemental notice shall be read together with the Initial Notice.

THIS SUPPLEMENTAL NOTICE IS HEREBY GIVEN that the following proposed resolution will be considered and, if thought fit, approved (with or without modification) by shareholders of the Company at the AGM, in addition to the proposed resolutions set out in the Initial Notice:

SPECIAL RESOLUTION

• S3. THAT the proposed amendments to Article 92 of the Articles of Association as set out in the Appendix to the Circular be and is hereby considered and approved.

By Order of the Board Launch Tech Company Limited Liu Xin Chairman

5 June 2020, Shenzhen, the PRC

• for identification purpose only

– 8 –

SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

Notes:

1. A member entitled to attend and vote at the AGM is entitled to appoint one or more proxies (whether they are members of the Company or not) to attend and vote on his/her/its behalf at the meeting(s).

2. The proxy form must be signed by a shareholder, or his attorney duly authorised in writing. To be valid, the proxy form together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited at the offices of the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not later than 24 hours before the time of the meeting or any adjourned meeting.

3. Since the proxy form (the “ First Proxy Form ”) sent together with the Initial Notice does not contain the resolution for the proposed amendment of AA set out in this supplemental notice, a new proxy form (the “ Second Proxy Form ”) has been prepared and is sent together with the Company’s supplemental circular of which this supplemental notice of AGM forms part.

4. Shareholders are requested to complete and return the Second Proxy Form in accordance with the instructions printed thereon to the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not less than 24 hours before the time appointed for holding the AGM or any adjournment thereof.

5. A shareholder who has not yet lodged the First Proxy Form with the Company is requested to lodge the Second Proxy Form if he/she wishes to appoint proxies to attend the AGM on his/her behalf. In this case, the First Proxy Form should not be lodged with the Company.

6. A shareholder who has already lodged the First Proxy Form with the Company should note that:

7. (i) if no Second Proxy Form is lodged with the Company, the First Proxy Form will be treated as a valid proxy form lodged by him/her if correctly completed. The proxy so appointed by the shareholder will be entitled to vote at his/her discretion or to abstain from voting on any resolution properly put to the AGM, including the resolution for, among other matters, the proposed amendment of AA, as set out in this supplemental notice of AGM.

8. (ii) if the Second Proxy Form is lodged with the Company 24 hours prior to the time appointed for holding the AGM (the “ Closing Time ”), the Second Proxy Form will revoke and supersede the First Proxy Form previously lodged by him/her. The Second Proxy Form will be treated as a valid proxy form lodged by the shareholder if correctly completed.

9. (iii) if the Second Proxy Form is lodged with the Company after the Closing Time, the Second Proxy Form will be invalid. However, it will revoke the First Proxy Form previously lodged by the shareholder, and any vote that may be cast by the purported proxy (whether appointed under the First Proxy Form or the Second Proxy Form) will not be counted in any poll which will be taken on a proposed resolution. Accordingly, shareholders are advised not to lodge the Second Proxy Form after the Closing Time. In such case, if such Shareholders wish to vote at the AGM, they will have to attend in person and vote at the AGM themselves.

10. Shareholders are reminded that completion and delivery of the First Proxy Form and/or the Second Proxy Form will not preclude shareholders from attending and voting in person at the AGM or at any adjourned meeting should they so wish.

11. Shareholders are reminded to refer to other notes contained in the Initial Notice.

– 9 –

SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING

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)

SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING

Reference is made to the notice (the “ Initial Notice ”) of annual general meeting (“ H Shareholders’ Class Meeting ”) dated 29 April 2020, by which the Company convenes the H Shareholders’ Class Meeting held at the conference room, 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2020 at 10:20 a.m. and this supplemental notice shall be read together with the Initial Notice.

THIS SUPPLEMENTAL NOTICE IS HEREBY GIVEN that the following proposed resolution will be considered and, if thought fit, approved (with or without modification) by shareholders of the Company at the H Shareholders’ Class Meeting, in addition to the proposed resolutions set out in the Initial Notice:

SPECIAL RESOLUTION

• S2. THAT the proposed amendments to Article 92 of the Articles of Association as set out in the Appendix to the Circular be and is hereby considered and approved.

By Order of the Board Launch Tech Company Limited Liu Xin Chairman

5 June 2020, Shenzhen, the PRC

– 10 –

SUPPLEMENTAL NOTICE OF H SHAREHOLDERS’ CLASS MEETING

Notes:

1. A member entitled to attend and vote at the H Shareholders’ Class Meeting is entitled to appoint one or more proxies (whether they are members of the Company or not) to attend and vote on his/her/its behalf at the meeting(s).

2. The proxy form must be signed by a shareholder, or his attorney duly authorised in writing. To be valid, the proxy form together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited at the offices of the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not later than 24 hours before the time of the meeting or any adjourned meeting.

3. Since the proxy form (the “ First Proxy Form ”) sent together with the Initial Notice does not contain the resolution for the proposed amendment of AA set out in this supplemental notice, a new proxy form (the “ Second Proxy Form ”) has been prepared and is sent together with the Company’s supplemental circular of which this supplemental notice of H Shareholders’ Class Meeting forms part.

4. Shareholders are requested to complete and return the Second Proxy Form in accordance with the instructions printed thereon to the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not less than 24 hours before the time appointed for holding the H Shareholders’ Class Meeting or any adjournment thereof.

5. A shareholder who has not yet lodged the First Proxy Form with the Company is requested to lodge the Second Proxy Form if he/she wishes to appoint proxies to attend the H Shareholders’ Class Meeting on his/ her behalf. In this case, the First Proxy Form should not be lodged with the Company.

6. A shareholder who has already lodged the First Proxy Form with the Company should note that:

7. (i) if no Second Proxy Form is lodged with the Company, the First Proxy Form will be treated as a valid proxy form lodged by him/her if correctly completed. The proxy so appointed by the shareholder will be entitled to vote at his/her discretion or to abstain from voting on any resolution properly put to the H Shareholders’ Class Meeting, including the resolution for, among other matters, the proposed amendment of AA, as set out in this supplemental notice of H Shareholders’ Class Meeting.

8. (ii) if the Second Proxy Form is lodged with the Company 24 hours prior to the time appointed for holding the H Shareholders’ Class Meeting (the “ Closing Time ”), the Second Proxy Form will revoke and supersede the First Proxy Form previously lodged by him/her. The Second Proxy Form will be treated as a valid proxy form lodged by the shareholder if correctly completed.

9. (iii) if the Second Proxy Form is lodged with the Company after the Closing Time, the Second Proxy Form will be invalid. However, it will revoke the First Proxy Form previously lodged by the shareholder, and any vote that may be cast by the purported proxy (whether appointed under the First Proxy Form or the Second Proxy Form) will not be counted in any poll which will be taken on a proposed resolution. Accordingly, shareholders are advised not to lodge the Second Proxy Form after the Closing Time. In such case, if such Shareholders wish to vote at the H Shareholders’ Class Meeting, they will have to attend in person and vote at the H Shareholders’ Class Meeting themselves.

10. Shareholders are reminded that completion and delivery of the First Proxy Form and/or the Second Proxy Form will not preclude shareholders from attending and voting in person at the H Shareholders’ Class Meeting or at any adjourned meeting should they so wish.

11. Shareholders are reminded to refer to other notes contained in the Initial Notice.

– 11 –

SUPPLEMENTAL NOTICE OF DOMESTIC SHAREHOLDERS’ CLASS MEETING

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)

SUPPLEMENTAL NOTICE OF DOMESTIC SHAREHOLDERS’ CLASS MEETING

Reference is made to the notice (the “ Initial Notice ”) of annual general meeting (“ Domestic Shareholders’ Class Meeting ”) dated 29 April 2020, by which the Company convenes the Domestic Shareholders’ Class Meeting held at the conference room, 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Tuesday, 30 June 2020 at 10:40 a.m. and this supplemental notice shall be read together with the Initial Notice.

THIS SUPPLEMENTAL NOTICE IS HEREBY GIVEN that the following proposed resolution will be considered and, if thought fit, approved (with or without modification) by shareholders of the Company at the Domestic Shareholders’ Class Meeting, in addition to the proposed resolutions set out in the Initial Notice:

SPECIAL RESOLUTION

• S2. THAT the proposed amendments to Article 92 of the Articles of Association as set out in the Appendix to the Circular be and is hereby considered and approved.

By Order of the Board Launch Tech Company Limited Liu Xin Chairman

5 June 2020, Shenzhen, the PRC

– 12 –

SUPPLEMENTAL NOTICE OF DOMESTIC SHAREHOLDERS’ CLASS MEETING

Notes:

1. A member entitled to attend and vote at the Domestic Shareholders’ Class Meeting is entitled to appoint one or more proxies (whether they are members of the Company or not) to attend and vote on his/her/its behalf at the meeting(s).

2. The proxy form must be signed by a shareholder, or his attorney duly authorised in writing. To be valid, the proxy form together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited at the offices of the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not later than 24 hours before the time of the meeting or any adjourned meeting.

3. Since the proxy form (the “ First Proxy Form ”) sent together with the Initial Notice does not contain the resolution for the proposed amendment of AA set out in this supplemental notice, a new proxy form (the “ Second Proxy Form ”) has been prepared and is sent together with the Company’s supplemental circular of which this supplemental notice of Domestic Shareholders’ Class Meeting forms part.

4. Shareholders are requested to complete and return the Second Proxy Form in accordance with the instructions printed thereon to the Company’s Hong Kong H share registrar, Computershare Hong Kong Investor Services Limited at Shop 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares only) or the Company’s principal place of business at 10/F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC (for the holders of the Domestic Shares only) not less than 24 hours before the time appointed for holding the Domestic Shareholders’ Class Meeting or any adjournment thereof.

5. A shareholder who has not yet lodged the First Proxy Form with the Company is requested to lodge the Second Proxy Form if he/she wishes to appoint proxies to attend the Domestic Shareholders’ Class Meeting on his/her behalf. In this case, the First Proxy Form should not be lodged with the Company.

6. A shareholder who has already lodged the First Proxy Form with the Company should note that:

7. (i) if no Second Proxy Form is lodged with the Company, the First Proxy Form will be treated as a valid proxy form lodged by him/her if correctly completed. The proxy so appointed by the shareholder will be entitled to vote at his/her discretion or to abstain from voting on any resolution properly put to the Domestic Shareholders’ Class Meeting, including the resolution for, among other matters, the proposed amendment of AA, as set out in this supplemental notice of Domestic Shareholders’ Class Meeting.

8. (ii) if the Second Proxy Form is lodged with the Company 24 hours prior to the time appointed for holding the Domestic Shareholders’ Class Meeting (the “ Closing Time ”), the Second Proxy Form will revoke and supersede the First Proxy Form previously lodged by him/her. The Second Proxy Form will be treated as a valid proxy form lodged by the shareholder if correctly completed.

9. (iii) if the Second Proxy Form is lodged with the Company after the Closing Time, the Second Proxy Form will be invalid. However, it will revoke the First Proxy Form previously lodged by the shareholder, and any vote that may be cast by the purported proxy (whether appointed under the First Proxy Form or the Second Proxy Form) will not be counted in any poll which will be taken on a proposed resolution. Accordingly, shareholders are advised not to lodge the Second Proxy Form after the Closing Time. In such case, if such Shareholders wish to vote at the Domestic Shareholders’ Class Meeting, they will have to attend in person and vote at the Domestic Shareholders’ Class Meeting themselves.

10. Shareholders are reminded that completion and delivery of the First Proxy Form and/or the Second Proxy Form will not preclude shareholders from attending and voting in person at the Domestic Shareholders’ Class Meeting or at any adjourned meeting should they so wish.

11. Shareholders are reminded to refer to other notes contained in the Initial Notice.

– 13 –