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Yongda Motor (03669) received a further 1.5 million share increase by the chairman
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According to the Zhitong Finance App, Yongda Auto (03669) announced that Mr. Zhang De'an, the chairman and executive director of the company, purchased a total of 1.5 million shares on the open market on July 20, 2026. In addition to the 2 million shares he purchased on July 16, 2026, he purchased a total of 3.5 million shares in two days.

Mr. Zhang De'an told the company that he is full of confidence in the company's future prospects, and that the increase in the company's shares means that the company is able to maintain the steady operation of the automobile sales and service business in a complex and changing market environment, while also being confident in the company's upcoming business of implementing intelligent commercial application services. Mr. Zhang De'an did not rule out that he may further increase his shareholding in the company in due course.

The company's board of directors believes that the increase in shareholding by its chairman and executive director reflects its long-term commitment to the company and confidence in the company's future business prospects.


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