Vala (HKG:2051) said its wholly owned unit, Hangzhou Vala Network Technology, signed a strategic cooperation agreement with Guizhou Guilv Travel Service to establish a long-term partnership.
The parties will collaborate on integrating cultural tourism, transportation and technology, with cooperation covering tourism resource development, digital platform operations, brand building and service innovation, according to a Hong Kong bourse filing.
Shares of the credit card management firm fell over 1% in recent trade.
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