Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

China Yongda Automobiles Services Holdings Limited

(中國永達汽車服務控股有限公司)

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03669)

THE UNAUDITED KEY CONSOLIDATED FINANCIAL FIGURES

FOR THE SIX MONTHS ENDED

30 JUNE 2018 OF SHANGHAI YONGDA INVESTMENT

HOLDINGS GROUP CO., LTD.*,

A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

This announcement is made by China Yongda Automobiles Services Holdings Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 12 October 2016, 31 October 2016 and 3 November 2016 in relation to the issuance of the corporate bonds (the "Corporate Bonds") by 上海永達投資控股集團有限公司 (Shanghai Yongda Investment Holdings Group Co., Ltd.*) ("Shanghai Yongda Investment"), a wholly-owned subsidiary of the Company.

References are also made to the announcements of the Company dated 9 March 2017, 11 April 2017, 13 April 2017, 5 June 2017, 8 June 2017, 10 July 2017, 13 July 2017, 14 July 2017, 27 July 2017, 5 February 2018, 9 February 2018, 14 March 2018, 11 April 2018, and 28 June 2018 in relation to the issuance of the super short-term commercial papers (the "Super Short-term Commercial Papers") by Shanghai Yongda Investment.

As Shanghai Yongda Investment issued the Corporate Bonds and Super Short-term Commercial Papers in the People's Republic of China (the "PRC"), it is required by the applicable laws and regulations of the PRC to disclose the unaudited consolidated financial information of Shanghai Yongda Investment for the six months ended 30 June 2018 (the "Unaudited Consolidated Financial Information").

The Unaudited Consolidated Financial Information is also required to be published on the websites of Shanghai Clearing House (www.shclearing.com), China Money (www.chinamoney.com.cn), and Shanghai Stock Exchange (http://www.sse.com.cn) on or before 31 August 2018.

Attention of the shareholders and potential investors of the Company is hereby drawn to the fact that the unaudited condensed consolidated statement of profit or loss and other comprehensive income for the six months ended 30 June 2018 of the Company reflects the figures in the income statement of Shanghai Yongda Investment for the six months ended 30 June 2018, as the figures in the income statement for the six months ended 30 June 2018 of Shanghai Yongda Investment have been consolidated into the unaudited condensed consolidated statement of profit or loss and other comprehensive income for the six months ended 30 June 2018 of the Company. For better understanding of the financial conditions of Shanghai Yongda Investment by the shareholders and potential investors of the Company, set out below are the selected key consolidated financial figures in the balance sheet of the Unaudited Consolidated Financial Information prepared in accordance with the PRC Generally Accepted Accounting Principles:

As at

As at

30 June 2018

31 December 2017

(unaudited)

(audited)

(RMB million)

(RMB million)

Total assets

28,717

27,211

Total liabilities

19,806

18,961

Total equity

8,911

8,250

Attention of the shareholders and potential investors of the Company is hereby drawn to the fact that the Unaudited Consolidated Financial Information of Shanghai Yongda Investment, which were published on the relevant websites of the PRC, and the selected key consolidated financial figures in the balance sheet of the Unaudited Consolidated Financial Information disclosed above, have been prepared in accordance with the PRC Generally Accepted Accounting Principles. Such information may require adjustments during the course of auditing. Furthermore, the Unaudited Consolidated Financial Information may require adjustments under the International Financial Reporting Standards. The Unaudited Consolidated Financial Information published pursuant to relevant PRC laws and regulations are for reference of investors of the Corporate Bonds and the Super Short-term Commercial Papers only. In addition, the information contained in the relevant websites in the PRC and the above selected key consolidated financial figures in the balance sheetof the Unaudited Consolidated Financial Information of Shanghai Yongda Investment are limited solely to the operation of Shanghai Yongda Investment and its subsidiaries, which does not reflect a full picture of the operation or status of the Company. Shareholders of the Company and potential investors should exercise caution when dealing with the securities of the Company and should not rely solely on such information.

By order of the Board

China Yongda Automobiles Services Holdings Limited

Cheung Tak On

Chairman

The PRC, 31 August 2018

As at the date of this announcement, the Board comprises (i) five executive directors, namely Mr. Cheung Tak On, Mr. Cai Yingjie, Mr. Wang Zhigao, Mr. Xu Yue and Ms. Chen Yi; (ii) one non-executive director, namely Mr. Wang Liqun; and (iii) three independent non-executive directors, namely Mr. Lyu Wei, Mr. Chen Xianglin and Ms. Zhu Anna Dezhen.

* For identification purpose only

Attachments

  • Original document
  • Permalink

Disclaimer

China Yongda Automobiles Services Holdings Ltd. published this content on 31 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 August 2018 09:11:03 UTC