Yongda Auto Builds Momentum for High-Quality Development with Strong Financial Position and New Energy Business as Growth Engine

Stock News
Mar 13

Yongda Auto (03669) has released an update on its financial status for 2025. The company is concentrating on its medium to long-term strategic plans. Despite facing industry volatility and impacts on gross profit from new car sales and related services, Yongda Auto is enhancing its business operations to accumulate momentum for high-quality growth. According to the announcement, the group continues to focus on its two core business segments: new energy vehicles and luxury brands. It is consistently improving operational efficiency and profitability. The company maintains a robust financial position with healthy operating cash flow. Net operating cash inflow increased by over 22.5% year-on-year. The new energy vehicle business is a key strategic focus for the group. In 2025, Yongda Auto opened 19 new retail outlets for new energy brands. Compared to 2024, independent new energy vehicle sales and after-sales service revenue grew by approximately 40.1% and 65.1% year-on-year, respectively. This segment is expected to become a major contributor to future revenue and profit.

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