China Yongda Automobiles Services Holdings Limited (Yongda Auto) has completed the share subscription previously announced on 15 July 2026. All conditions precedent were met, and 73.16 million new shares were allotted to Hongxin International Shipping on 24 July 2026 at HK$0.825 per share.

The transaction generated net proceeds of approximately HK$60.36 million, earmarked for the preliminary layout of embodied-intelligence commercial applications.

Post-placement, Yongda Auto’s issued share capital expanded from 1.83 billion to 1.90 billion shares. The new investor now holds 3.85 % of the enlarged share base. Chairman and substantial shareholder Cheung Tak On retains 585.39 million shares, with his ownership diluted from 32.01 % to 30.78 %. Public shareholders collectively move from 67.21 % to 64.63 % of the company.

Board composition remains unchanged, comprising four executive directors, one non-executive director, and three independent non-executive directors.