Yongda Auto Repurchases 7.34 Million Shares in April–May; Buy-back Tally Reaches 31.16 Million, 1.66 % of Share Capital

Bulletin Express
05/22

China Yongda Automobiles Services Holdings Limited (Yongda Auto) filed a Next Day Disclosure Return on 22 May 2026, detailing the latest progress of its on-market share repurchase programme.

Issued Share Capital • Ordinary shares in issue remained at 1,838.39 million as of the close of 22 May 2026, with no new allotments or cancellations completed during the period covered by the filing.

Recent Repurchases Pending Cancellation • Between 8 April and 22 May 2026, Yongda Auto bought back 7.34 million shares that have not yet been cancelled, equivalent to approximately 0.40 % of the current share base. • Purchase prices ranged from HKD 0.89 to HKD 1.28 per share, resulting in an estimated aggregate cash outlay of about HKD 7.86 million and an average cost of roughly HKD 1.07 per share. • The most recent transaction occurred on 22 May 2026, when 300,000 shares were acquired at prices between HKD 0.88 and HKD 0.89, for HKD 265,830.

Progress under 2025 Mandate • The company is authorised to repurchase up to 187.62 million shares under the mandate approved on 30 May 2025. • Cumulative repurchases have reached 31.16 million shares, representing 1.66 % of the share capital outstanding on the mandate date, leaving approximately 156.46 million shares (or 83 % of the mandate) unused.

Regulatory Compliance • Yongda Auto confirmed that all transactions complied with the Hong Kong Listing Rules and the explanatory statement dated 25 April 2025. • In line with Rule 10.06(3)(a), the company is subject to a moratorium on issuing new shares or transferring any treasury shares until 21 June 2026.

The disclosed figures underscore Yongda Auto’s continued use of share repurchases as a capital-management tool, while leaving considerable headroom under the existing mandate.

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