China Yongda Automobiles publishes 2025 annual report

• China Yongda Automobiles Services issued its 2025 annual report, highlighting a deep restructuring of dealership network to prioritize single-store profitability.
• Company closed, merged, or transferred 31 underperforming traditional-brand outlets while opening 19 new energy brand stores, shifting footprint toward higher-potential brands such as HIMA.
• New vehicle strategy emphasized inventory discipline, cutting new-vehicle turnover to 24.6 days while building more than 4,000 outstanding orders tied to new energy models.
• After-sales remained core earnings support, with retail service absorption rate rising to 80.2% as new energy after-sales expanded on a growing customer base.
• Management set a target to lift new energy vehicles to 50% of sales within 1 to 2 years, citing plans for tighter cost control, digitalization, AI deployment, battery recycling, and intelligent robots.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Yongda Automobiles Services Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260424-12121716), on April 24, 2026, and is solely responsible for the information contained therein.