Launch Tech : NOTICE OF DOMESTIC SHAREHOLDERS' CLASS MEETING

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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)

NOTICE OF DOMESTIC SHAREHOLDERS' CLASS MEETING

NOTICE IS HEREBY GIVEN that Domestic Shareholders' Class Meeting of Launch Tech Company Limited* (the "Company") will be held at 10F R&D Block, Launch Industrial Park, No. 4012 North of Wuhe Road, Bantian Street, Longgang District, Shenzhen, the PRC on Friday, 30 October 2020 at 10:40 a.m. or immediately after the conclusion of the H Shareholders' Class Meeting or any adjournment thereof (whichever is later) for the purpose of considering and, if thought fit, passing with or without modifications, the following resolution (unless otherwise specified, capitalised terms used in this notice shall have the same meanings as defined in the circular dated 14 September 2020 (the "Circular")):

SPECIAL RESOLUTION

1. 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.

Yours faithfully,

By Order of the Board

Launch Tech Company Limited*

Liu Xin

Chairman

14 September 2020

Shenzhen, the PRC

* for identification purpose only

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Notes:

1. Domestic Shareholders of the Company shall note that pursuant to Article 46 of the Articles of Association, the share register of the Company will be closed during the period from Wednesday, 30 September 2020 to Friday, 30 October 2020, both days inclusive, during which period no transfer of shares will be registered. In order to qualify to attend and vote at the Domestic Shareholders' Class Meeting, all transfer documents, together with the relevant share certificates, should be lodged to the Company's principal place of business in the PRC no later than 4:30 p.m. on Tuesday, 29 September 2020. Shareholders whose names appear on the register of Domestic Shareholders of the Company on the Record Date shall be entitled to attend the Domestic Shareholders' Class Meeting to vote thereat.
2. Any Domestic Shareholders entitled to attend and to vote at the Domestics Shareholders' Class Meeting shall be entitled to appoint a proxy who need not be a Shareholder, to attend and to vote on his behalf. A member who is the holder of two or more shares may appoint more than one proxy.
3. To be valid, the proxy forms for the use of Shareholders and, if such proxy is signed by a person on behalf of the appointer pursuant to a power of attorney or other authority, a notarised copy of that power of attorney or other authority must be delivered to the Company not less than 24 hours before the time scheduled for holding the Domestic Shareholders' Class Meeting or its adjourned meetings of the Company.
4. Domestic Shareholders who intend to attend the Domestic Shareholders' Class Meeting are required to return the reply slip to the Company on or before Friday, 9 October 2020. Please refer to the reply slip and the instruction thereon for details.
5. Completion and return of the proxy form and the reply slip will not affect the right of the Domestic Shareholders of the Company to attend and to vote at the Domestic Shareholders' Class Meeting in person. In such event, the form of proxy will be deemed to have been revoked.
6. Domestic Shareholders shall deliver the proxy form and, if such proxy is signed by a person on behalf of his appointer pursuant to a power of attorney or other authority, a notarially certified copy of the power of attorney or other authority and the reply slip to the Company's principal place of business in the PRC.
7. The Domestic Shareholders' Class Meeting is expected to last for half an hour. Domestic Shareholders and their proxies attending the Domestic Shareholders' Class Meeting shall be responsible for the transportation and accommodation expenses on their own.

As at the date of this notice, 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, Mr. Peng Jian as non-executive Director, and Mr. Liu Yuan, Ms. Zhang Yan and Mr. Ning Bo as independent non-executive Directors.

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