China Yongda Automobiles completes private placement of 73,159,881 shares at HK$ 0.825 each

• China Yongda Automobiles completed a private placement, issuing 73,159,881 new shares at HKD 0.83 each.
• Net proceeds totaled about HKD 60.36 million, earmarked for early-stage deployment of embodied intelligence commercial applications.
• The subscriber, Hongxin International Shipping, took a 3.85% stake post-issue.
• Total shares outstanding rose to 1,902,156,894 from 1,828,997,013; chairman Cheung Tak On’s stake diluted to 30.78% from 32.01%.
• The subscription completed on July 24, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Yongda Automobiles Services Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260724-12256144), on July 24, 2026, and is solely responsible for the information contained therein.