Yadea Group Holdings Ltd. — Earnings Release 2021

Jul 6, 2021

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.

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Yadea Group Holdings Ltd. 雅迪集團控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1585)

POSITIVE PROFIT ALERT

This announcement is made by Yadea Group Holdings Ltd. (the “ Company ” and, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the “ Board ”) wishes to inform the shareholders and potential investors of the Company that, based on the Board’s preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021 (the “ Period ”) and other information currently available to the Board, the Group is expected to record an increase of not less than approximately 40% in net profit for the Period, as compared to the previous corresponding period. Such expected increase in net profit is primarily attributable to the increase in the sales of electric two-wheeled vehicles.

As at the date of this announcement, the Company is in the process of finalizing the consolidated interim results of the Group for the Period. The information contained in this announcement is based on a preliminary review by the management of the Company of information currently available to the Board, and is not based on any figure or information which has been audited or reviewed by the independent auditors of the Company. Shareholders and potential investors of the Company are advised to read carefully the announcement of the interim results of the Group for the Period which is expected to be released in August 2021.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board Yadea Group Holdings Ltd. Dong Jinggui Chairman

Hong Kong, 6 July 2021

As at the date of this announcement, Mr. Dong Jinggui, Ms. Qian Jinghong and Mr. Shen Yu are the executive directors of the Company; Mr. Zhang Yiyin is the non-executive director of the Company; and Mr. Li Zongwei, Mr. Wu Biguang, Mr. Yao Naisheng and Mr. Wong Lung Ming are the independent non-executive directors of the Company.