CHINA YONGDA AUTOMOBILES SERVICES HOLDINGS LIMITED

China Yongda Auto Service Holding Company (Stock code:03669.HK)

In order to better adapt to the trends of "Electrification, Networking, Intelligence, and Sharing" in the automotive industry, and on the basis of the high-quality development of the main automotive service business, Yonda Group has established a new energy vehicle group.

Yonda's new energy vehicle agency brands include more than ten well-known new energy vehicle brands such as HiPhi, Lotus, AITO, Smart, Mengshi, Voyah, Xiaopeng, and IM, basically achieving full coverage of domestic mainstream high-end luxury new energy vehicle brands. At the same time, Yonda's new energy vehicles will actively develop self-operated businesses such as derivative businesses, body repair and painting center services, charging and swapping services, and energy supplementation services, further consolidating its leading position in the domestic market.