Yongda Auto cancels 9.39 million shares, cutting outstanding stock by 0.51 %

Bulletin Express
Jul 15

China Yongda Automobiles Services Holdings Limited (Yongda Auto) disclosed on 15 July 2026 that it has cancelled 9.39 million ordinary shares previously repurchased between 8 April and 4 June 2026 at an average price of HKD 1.02 per share.

Following the cancellation, the company’s issued share capital dropped from 1.84 billion to 1.83 billion shares, a reduction of approximately 0.51 %. Based on the stated average repurchase price, the total consideration for the cancelled shares amounts to roughly HKD 9.58 million.

The filing confirms that Yongda Auto holds no treasury shares and has no repurchased shares pending cancellation. No on-market sales of treasury shares were reported. The Next Day Disclosure Return was submitted by Director Mr Cheung Tak On in accordance with Hong Kong Stock Exchange requirements.

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