VALA (02051) and Your Travel Service signed a “Strategic Cooperation Agreement” to accelerate the layout of Valalife's business in the cultural tourism industry

Zhitong Finance App News, VALA (02051) announced that Hangzhou Vala Network Technology Co., Ltd. (Hangzhou Wala), a wholly-owned subsidiary of the company, recently signed a “Strategic Cooperation Agreement” with Guizhou Travel Service Co., Ltd. (Guitu Travel) to establish a long-term and stable strategic partnership.

According to the main terms of the strategic cooperation agreement, the two sides each aim to establish a long-term and stable strategic partnership based on the principle of “resource sharing, complementary advantages, collaborative innovation, mutual benefit and win-win situation”. Through deep cross-border integration, we will jointly explore a new business model of “cultural tourism+transportation+technology” to help Guizhou build a world-class tourist destination.

The main areas of cooperation between the two sides include resource coordination and cultural tourism scenario co-construction, digital empowerment and platform operation collaboration, joint brand operation and ecological construction, service standardization and industrial innovation exploration. The two sides will establish a system of high-level visits and regular meetings, and each will set up a special working group. On the premise of complying with laws and regulations and the internal management systems of each party, the two parties agree to give priority to selecting each other as a business partner under the same conditions and providing necessary policy, technical and channel support.

According to the announcement, the Group is committed to building a core competitive barrier with “heavy product definition+asset-light intelligent manufacturing+multi-dimensional channel ecosystem”, leading the new energy mobile lifestyle circuit through innovation, and is determined to become a “pioneer of Chinese tram life”, promote the evolution of automobiles from a single means of transportation to the third movable living space, and create a new scene where the city is seamlessly connected with nature. The board of directors believes that the cooperation reached with Guitu Travel, a state-owned travel platform in Guizhou Province, will use the company's original advantages in terms of products and the platform advantages of Guitou Travel in terms of cultural tourism resources to accelerate the layout of the company's Valalife business in the cultural tourism industry. This cooperation represents Guitou Chuxing's confidence in the future development of the Group's Valalife, and recognizes the strength, market expertise and execution capabilities of the Group and Valalife business. The strategic cooperation agreement is also in line with the Group's long-term strategy to expand Valalife's business development and enhance brand influence in the market.