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| The 13th LAUNCH Annual Forum Was Successfully Held in Shenzhen |
| The 13th LAUNCH annual forum was successfully held in Launch Industrial Park, Shenzhen China on June 10-12, 2008. Hundreds of guests from banking, carmaker, technical academies, scientific research institute, auto maintenance industry, Launch global distributors and cooperators and the press participated in this forum. The main topics of this forum include opening ceremony, the contract signing ceremony, 2008 new product release, distributors’ conference, business talks, product demonstration, on-site trouble shooting and related recreational activities. On the first day of the forum, Launch Tech signed contracts with Beijing Institute of Technology and Hefei ChuangYuan Co., Ltd. Launch will formally enter the electronic market from this annual forum. The successful signing ceremonies show Launch has made an important step into auto market. At the same time, Launch released its most convulsive new products: X-431 Diagun, X-631 wheel aligner, cost-effective tire changers and VALUE-100 A/C service station, obtaining all guests’ attention and positive comments. X-431 Diagun is the smallest diagnostic tool in the world, which has high resolution color touch screen and all functions of X-431. There are 3,000,000 workshops and 30,000,000 maintenance technicians all over the world. X-431 is in use in workshops, but X-431 diagun is designed for auto maintenance technicians. X-431 diagun is able to synchronously diagnose two vehicles via wireless connection and synchronously diagnose three vehicles via wire connection. It is predicably a standard equipment for technicians in future. In the year of 2007, Launch achieved a lot. The sale increased 40% rather than that in 2006. The sales figure of diagnostic products reached a new peak, and Launch lifts also breached its sales record. In the year of 2008, sales mode of China Region becomes distribution from direct selling. Up to May, 2008, the sale in China Region has got the best achievement in its history. Meanwhile, Launch actively developed the American market and South American market at the time when stably developing the European and Asian market, and also achieved high. In a word, under the principle of simplicity, efficiency and pragmatism, Launch has taken this forum to show the world its superb performance and determination to excel in the global market. |
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