Yongda Auto (03669) received 2 million additional shares from Chairman and Executive Director Zhang De'an

According to the Zhitong Finance App, Yongda Auto (03669) announced that Mr. Zhang De'an, chairman and executive director of the company, further increased his shareholding in the company. The company was informed by Mr. Zhang that it purchased a total of 2 million shares on the open market on July 16, 2026.

Mr. Zhang told the company that he is full of confidence in the company's future prospects, and that the increase in the company's shares represents his belief in the company's ability to maintain the steady operation of the original automobile sales and service business in a complex and changing market environment, while also being confident in the company's upcoming business of implementing intelligent commercial application services. Mr. Zhang did not rule out the possibility of further increasing its shares in the company in due course.

The company's board of directors believes that the increase in shareholding by its chairman and executive director reflects its long-term commitment to the company and confidence in the company's future business prospects.