China Yongda Automobiles Services : THE UNAUDITED SELECTED KEY CONSOLIDATED FINANCIAL FIGURES FOR THE THREE MONTHS ENDED 31 MARCH 2021 OF THE COMPANY

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

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03669)

THE UNAUDITED SELECTED KEY CONSOLIDATED

FINANCIAL FIGURES

FOR THE THREE MONTHS ENDED 31 MARCH 2021 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).

The Unaudited Selected Key Consolidated Financial Figures for the Three Months Ended 31 March 2021 of the Company

Set out below are summaries of the unaudited selected key consolidated financial figures for the three months ended 31 March 2021 of the Company prepared in accordance with the International Financial Reporting Standards:

- 1 -

	For the three	For the three
	months ended	months ended	Period-on-period
	31 March 2021	31 March 2020	growth rate
	(unaudited)	(unaudited)
	(RMB in million)	(RMB in million)
Passenger vehicles sales volume (units)	58,396	29,444	98.3%
Including: luxury and ultra-luxury brands sales volume (units)	37,311	20,762	79.7%
Passenger vehicles sales revenue	16,532	8,666	90.8%
Including: luxury and ultra-luxury brands sales revenue	13,870	7,528	84.2%
After-sales services revenue	2,675	1,417	88.8%
Pre-owned vehicles transactional volume (units)	15,182	6,056	150.7%
Finance and insurance agency services revenue	297	185	60.7%
Consolidated revenue (including finance and insurance agency
services revenue)	19,957	10,479	90.5%
Consolidated gross profit	2,073	1,149	80.2%
Net profit	552	63	777.8%
Net profit attributable to owners of the Company	526	59	786.2%
Distribution and sales expense and administrative expense ratio	6.22%	8.84%	-2.62 percentage
			points
Financing costs ratio	0.80%	1.73%	-0.93 percentage
			points
Average inventory turnover days (days)	25.0	50.7	-25.7 days

Note: Unless otherwise specified, all amounts in the above table are rounded to the nearest RMB million ("RMB million"), and the percentages are still calculated based on the amount before the rounding.

The Board of the Company wishes to remind the shareholders and potential investors of the Company that the above unaudited selected key consolidated financial figures for the three months ended 31 March 2021 of the Company are based on the management accounts of the Company which have not been reviewed or audited by the Company's independent auditor. Shareholders and potential investors of the Company are cautioned not to unduly rely on such information, and are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

China Yongda Automobiles Services Holdings Limited

Cheung Tak On

Chairman

The PRC, 26 April 2021

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 Ms. Zhu Anna Dezhen, Mr. Lyu Wei and Mr. Mu Binrui.

- 2 -