YONGDA AUTO Issues 73.16 Million New Shares, Expanding Capital Base by 4%

Bulletin Express
07/24

China Yongda Automobiles Services Holdings Limited (YONGDA AUTO) has enlarged its share capital through the allotment and issuance of 73.16 million new ordinary shares on 24 July 2026. The new shares were issued at HKD 0.825 each under a subscription agreement announced on 15 July 2026 and completed on 24 July 2026.

Following the placement, YONGDA AUTO’s outstanding share count rose from 1.83 billion to 1.90 billion shares, representing a 4% expansion in issued share capital. Based on the issue price, the transaction is valued at approximately HKD 60.36 million.

No treasury shares were held before or after the transaction, and the company reported no share repurchases or cancellations during the period.

The filing was submitted to the Hong Kong Stock Exchange by Director Cheung Tak On on 24 July 2026, in compliance with Rule 13.25A of the Main Board Listing Rules.

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