China Yongda completes share repurchase program, active capital management noted

China Yongda Automobiles Services Holdings Limited announced on October 8, 2025, the completion of several share repurchase transactions, with the latest activity occurring on the same date. The company repurchased 1,200,000 ordinary shares on the Exchange at prices ranging from HK$1.9 to HK$1.95, totaling an aggregate cost of HK$2,318,880. This latest repurchase represents 0.0647% of the existing number of issued shares before the event.

The company's outstanding issued shares (excluding treasury shares) remained at 1,854,906,513 as of October 8, 2025. Cumulatively, China Yongda has repurchased a total of 13,550,000 shares on the Exchange under a mandate granted on May 30, 2025, which authorized the repurchase of up to 187,616,551 shares. This represents 0.7222% of the issued shares as at the date of the resolution.

These repurchased shares are currently held for cancellation, with various tranches including 1,000,000 shares repurchased on August 28, 2025, at HK$2.07, and 950,000 shares on September 2, 2025, at HK$2.18. The company has a moratorium period for issuing new shares or transferring treasury shares up to November 7, 2025.