China Yongda Automobiles Services Holdings Limited (Yongda Auto) disclosed that Chairman and Executive Director Mr. Cheung Tak On acquired 2.00 million company shares on 16 July 2026 through open-market transactions.

The board highlighted that the additional purchase underscores Mr. Cheung’s long-term commitment to the dealership group and his confidence in its growth trajectory. Management pointed to the company’s capacity to maintain stable operations in its core automobile sales and services segment while preparing to launch a new “embodied intelligence commercial application service” business line.

As at the date of the announcement, Yongda Auto’s board consists of four executive directors (including Mr. Cheung), one non-executive director, and three independent non-executive directors.