China Yongda Automobiles Services Holdings Limited (Yongda Auto) announced that Chairman and Executive Director Cheung Tak On acquired an additional 1.50 million shares on 20 July 2026 via open-market transactions. Coupled with the 2.00 million shares purchased on 16 July 2026, his total increase amounts to 3.50 million shares within two trading days.

The board stated that Cheung’s enlarged holding underscores his long-term commitment and confidence in the company’s outlook. Cheung cited belief in Yongda Auto’s ability to maintain stable operations in its existing automobile sales and service segment and expressed optimism regarding the forthcoming launch of the firm’s embodied intelligence commercial application service business. He also indicated the possibility of further purchases when deemed appropriate.

As of the announcement date, the board comprises four executive directors (including Cheung), one non-executive director, and three independent non-executive directors.