Yongda Automobiles reduces shares following cancellations

China Yongda Automobiles Services Holdings Limited reported a reduction in its total number of issued shares by 21,309,000 to 1,854,906,513 for the month ended August 31, 2025. This decrease was primarily due to the cancellation of previously repurchased ordinary shares. Specifically, 21,309,000 ordinary shares, repurchased between March and July 2025, were cancelled on August 18, 2025.

Additionally, the company repurchased 1,000,000 ordinary shares in August 2025, which are pending cancellation as of the month's end. The authorized/registered share capital remained unchanged at 2,500,000,000 HKD with a par value of 0.01 HKD, totaling 25,000,000 HKD.

The company also noted movements under its share option schemes. As of August 31, 2025, there are 3,810,000 options outstanding under the Share Option Scheme and 14,550,000 options under the 2023 Share Option Scheme. No new shares were issued during the month pursuant to the exercise of share options.