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"Grand Opening of Changshu Jaguar Land Rover 4S Centre"

HONG KONG, Dec. 12, 2013 /PRNewswire/ -- China Yongda Automobiles Services Holdings Limited ("Yongda Auto" or the "Company" and, together with its subsidiaries, the "Group") (Stock code: 03669.HK), a leading passenger vehicle retailer and comprehensive service provider in China announces the grand opening of its new Changshu Jaguar Land Rover 4S Centre – another authorized Jaguar Land Rover 4S dealership store in east China.

Chanshu is one of a famous historical city of China with numerous treasures from nature and outstanding people. These years, the rapid economic development has brought Changshu tremendous business opportunities. Jaguar Land Rover (China) regards Changshu as a key place in China for its expansion, and has already established the first modern factory with comprehensive functional facilities there. In the near future, we could bring customers high quality Jaguar Land Rover products from this production line. The opening of the new Changshu Jaguar Land Rover 4S Centre not only indicates that Yongda has established a professional and high-end Jague Land Rover experience Center, which could bring prime experience to the owners of Jaguar Land Rover in Changshu and Jiangsu Province, but also Yongda's active coordination with Jaguar Land Rover's development policy in China and contribution to the economic development of Changshu.

Jaguar Land Rover is a British automotive manufacturer that owns two top luxury car brands. Jaguar, which has a glorious history and Land Rover, the high-end SUV brand have become the symbols of leading high-end fashion because of their fascinating design, advanced technology and extraordinary performance. In 2012, Jaguar Land Rover had realized fast growth in China, and the Chinese market had risen to become the biggest market for Jaguar Land Rover in the world. In 2013, Jaguar Land Rover keeps its growth pace of last year in China. The opening of Changshu Jaguar Land Rover 4S Centre is an important step for Yongda to strengthen the brand of Jaguar Land Rover brand. Yongda will establish a long-term strategic cooperative partnership with Jaguar Land Rover, and continue to support the development of Jaguar Land Rover in China.

As a leading Chinese professional vehicles provider, Yongda has always kept and developed the long term strategic cooperation with the luxury and ultra-luxury passenger vehicle brands, and focused on luxury car brand expansion strategy. In the future, with the continuous expansion of Yongda luxury brand network and continuous growth of the market need of luxury cars, it will bring long-term development impetus for Yongda.

Source: China Yongda Automobiles Services Holdings Limited
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