China Yongda Automobiles Services Holdings Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to record an increase of no less than 110% in the consolidated net profit attributable to the Shareholders of the company for the Period as compared to that for the six months ended June 30, 2020. The expected increase in the consolidated net profit attributable to the Shareholders of the company as compared to that of the corresponding period in 2020 as mentioned above is mainly due to (i) a substantial increase in the sales volume of new vehicles and the improvement in gross profit margin; (ii) the revenue from after-sales services increased rapidly; (iii) fast growth in pre-owned vehicles business.