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Brief: Launch Tech updates on stratgic cooperation with Zhongan Online Property Insurance

Dec 14 (Reuters) - Launch Tech Co Ltd  2488.HK : 
 * Voluntary announcement business progress - stratgic cooperation  
 * Says entered into a three-year strategic cooperation agreement with Zhongan Online Property Insurance Co. Ltd 
 * Parties will leverage its own advantage in industry to set up a cooperative  sharing mechanism for data and data mining findings 
 * Says "expected that various forms of cooperation will be discussed with teams from different industries" 
 * Says parties will jointly develop the risk coverage and derivative services within the internet of vehicles system 
 
 * Source text for Eikon  ID:nHKSbSsG73  
 
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