HK Stock Market Move | YONGDA AUTO (03669) surged by over 10%, the company continues to accelerate the expansion of its new energy vehicle network layout. "Same City, Four Realms" has been deployed in multiple cities across the country.

YONGDA AUTO (03669) rose by more than 10%, reaching a 10.57% increase to 2.93 Hong Kong dollars, with a trading volume of 23.997 million Hong Kong dollars. In recent news, YONGDA AUTO announced the opening of two new Huawei Hongmeng Smart Drive authorized stores in Baoshan, Shanghai and Yuqiao, Pudong. Following the successful operation of its first batch of user centers in Shanghai, Zhenjiang, Wuxi, Kunming, and Quzhou, YONGDA continues to accelerate the expansion of its new energy vehicle network, further strengthening its market influence. It is reported that by opening two new Hongmeng Smart Drive stores in Baoshan, Shanghai and Yuqiao, Pudong, YONGDA AUTO has further strengthened its market layout in the eastern region of China, covering services in the eastern, southern, and northern areas of Shanghai. In addition, YONGDA has implemented the "Four Boundaries of the Same City" operating structure in Shanghai and in multiple cities nationwide, becoming one of the first dealers to receive authorization from multiple prestigious brands. This will further enhance YONGDA's sales and ecological service layout for the leading brand, Xinjiang Lixin Energy, and will greatly assist in expanding the influence and reach of the Hongmeng Smart Drive brand.