Launch Tech Co. Ltd.HKEX: 2488

Inside information - subsidiaries' settlement of relevant tax matters

· Issued by Launch Tech Co. Ltd. via HKEXnews

Filed with HKEX · Stock code 2488 · · 2 pages · English

Summary by 6ix AI

Launch Tech Co. Ltd. has announced the settlement of tax matters by some of its subsidiaries, totaling a significant amount. The company confirms that the tax payment will not involve administrative penalties and has been settled in full. This payment is expected to impact the company's net profit in the future, but will not affect its ongoing operations or financial stability. The board emphasizes the importance of this matter and assures shareholders that the group remains financially sound.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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