HONG KONG, April 18, 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, is pleased to announce that the Company has garnered multiple auto distributor awards recently.
A number of automobile distributors award have been presented recently and Yongda Auto embraced a steady flow of triumphant news, garnering a handful of auto distributor awards. Many of the Group's 4S stores for luxury and ultra-luxury brands such as BMW and Jaguar Land Rover received multiple distributor awards, taking advantages of its outstanding overall annual performance, and advanced management philosophy. All of BMW Taicang 4S store, BMW Linfen 4S store and BMW Changzhi 4S store were honored to receive the "2012 BMW Best Performing Distributor Award", and among which, Yongda Taicang BMW after- sales department also obtained "The Nation's Best Service Quality Award". Yongda Jaguar Land Rover Dong Long 4S store was granted with five major awards including "Best Distributor of the Year for Jaguar" and "Best Distributor of the Year for Land Rover", together with Yongda Jaguar Land Rover Wen Zhou store winning "2013 Best Promotion Award for Land Rover", making Yongda Auto as the China's only Jaguar Land Rover distributor garnered five major awards. In addition, as one of the first authorized dealers by Shanghai GM, Yongda's several Buick 4S stores and Chevrolet 4S stores have received the "2012 Golden Award for After - sales Automobile Parts Management".
As the leading distributor for luxury and ultra- luxury automobile, Yongda Auto possess a strongly luxury auto brands portfolio, including Bentley, Porsche, BMW, Jaguar, Land Rover, Infiniti, Audi, Volvo and Cadillac, also own a huge middle- to high-ended customer base, covering Buick, GM Chevrolet, Faw Volkswagen, Shanghai Volkswagen, Toyota, Honda and Nissan. Leveraging on Yongda's competitive edge, brand advantages and standardized management model, a number of Yongda's 4S stores stand out from peers and win multiple brand awards, which not only reflects the high recognition of Yongda across the industry but also promotes favorable corporate image and sets a good brand example in the society.
Yongda Auto recently announced its 2012 annual results, and despite the slowdown of the growth of China's macro economy, the Group still reported a 6.9% increment in its sales revenue compared with last year, and achieved stable operational results. Multiple luxury and mid-to-high auto brands of Yongda Auto obtained the highest prizes recently, demonstrating Yongda's leading position in sell-side market. It is believed that Yongda's multiple advantages including positioning of distributing luxury and ultra-luxury auto brands, higher single business gross margin, mature distribution network and comprehensive after-sales business, will surely inject new vitality into its capital market development and realize rapid growth of overall earnings, to enjoy the bright prospect in the stock movement going forward.
About China Yongda Automobiles Services Holdings Limited
Yongda Auto is a leading passenger vehicle retailer and comprehensive service provider in China focused on luxury and ultra-luxury brands. Yongda Auto has a strong brand portfolio of luxury and ultra-luxury brands including BMW, MINI, Audi, Porsche, Jaguar, Land Rover, Infiniti, Cadillac, Volvo and Bentley. It operates and has obtained manufacturer's authorizations to open a total of 106 outlets. Its network has a strong presence in East China, including Shanghai, and has expanded into other regions in China. In addition to new passenger vehicle sales business, Yongda Auto also provides customers with a comprehensive range of automobile-related services through its "one-stop shop" approach. These include after-sales services, automobile rental services, as well as a wide array of services that it offers in connection with pre-owned vehicles, automobile insurance products, and vehicle inspection etc.
For further information, please contact:
Porda Havas International Finance Communications Group
Ms. Kelly Fung, Phone: +852-3150-6763, kelly.fung@pordahavas.com
Ms. Angie An, Phone: +852-3150-6736, angie.an@pordahavas.com
Mr. Natalie Yung, Phone: +852-3150-6752, natalie.yung@pordahavas.com
Fax: +852-3150-6728
