VALA (02051.HK) +0.010 (+1.449%) announced that it has entered into an agreement with SAIC Motor (600104.SH) +0.090 (+0.657%) wholly-owned subsidiary SAIC Maxus Recreational Vehicle, under which the parties will jointly develop the vala house model based on the Dana model. Two versions will be developed, namely a pure electric version and an extended-range version. The model brand is specified as "Maxus", and the "vala house" logo must be displayed at designated positions on the vehicle body as specified by the company. (de/d)(HK stocks quote is delayed for at least 15 mins.) (A Shares quote is delayed for at least 15 mins.)
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