VALA(02051): Cumulatively delivered 509 vala cars to ordered customers in the second quarter.

VALA (02051) announced that in the second quarter of 2026, the group had delivered a total of 509 Vala cars to customers who had placed orders. Among them, the company completed the delivery of the 1,000th Vala home customer in June 2026. Achieving a delivery volume of over 1,000 units of a single car model in just six months, signifies that the Vala series of cars from this company as a new species of mobile space has gained broader market recognition. The group pioneered the "co-creation" model for car sales, focusing on attracting high-quality Vala car owners who are enthusiastic about the Vala lifestyle and willing to share it. They established a word-of-mouth communication and sales network that covers Wuxi Online Offline Communication Information Technology Co., Ltd. As of June 30, 2026, the group had successfully recruited 775 co-creators who promote and sell Vala cars through their personal experiences and social media influence. With the continuous expansion of the co-creator network and steady growth in vehicle deliveries, the Vala mobile store model has begun to take shape, allowing the Vala brand to reach out to more potential customers who aspire to the Vala lifestyle. As the co-creator system continues to expand to meet the diverse experience needs of potential customers for Vala cars, the group has also established self-operated Vala underground city stores in addition to the mobile store experience network formed by co-creators. Vala underground city stores, with "full-scene user experience" as their core, integrate various functions such as Vala car display, car life supplies, and offline interactions with the owner community. As of June 30, 2026, the group had opened Vala underground city stores in 13 major cities in China and had signed contracts with property owners in multiple potential layout cities for the opening of more stores in the future. These stores aim to create a one-stop high-quality experiential space for Vala car owners and potential customers, integrating viewing, selection, usage, entertainment, and car owner interactions, building a brand ecosystem that combines practicality and emotional connection. Vala Club is a lifestyle community centered around Vala cars and is the core link to the new life of car owners. By June 30, 2026, Vala Club had hosted over 700 events. Vala Club not only provides exclusive community services for Vala car owners but also warmly welcomes non-Vala car owners to experience the beautiful lifestyle advocated by Vala. The group hopes to use cars as a medium to build a community where car owners resonate with each other, exploring unique destinations in China that are accessible by self-driving, unlocking diverse experiences of a beautiful life along the way. The group launched the Valalife WeChat mini-program for Vala cars, offering a variety of ordering and partnership options. As of June 30, 2026, the Valalife mini-program had attracted approximately 170,000 registered users. Additionally, with its unique spatial design and car lifestyle advocacy, the Vala brand continued to attract widespread market attention, sparking enthusiastic responses on major social media platforms. By June 30, 2026, Vala cars had approximately 3.75 million followers on all social media platforms, with the total number of video views exceeding 1.1 billion. The Vala car introduced by the group is the first domestically produced high-roof new energy multi-functional vehicle. With its innovative integration of tent-style high-roof structure, Lego-style modular design, and high-quality entertainment system, the group aims to build core competitive barriers through "redefining products, smart manufacturing with light assets, multi-dimensional channels, and strong ecological scenes." Vala leads the track of new energy mobile living styles through innovation, striving to become a pioneer in "China's electric car lifestyle," transforming cars from a simple transportation tool into a movable third living space, creating new seamless connections between urban and natural environments. Vala cars, with the concept of "reconstructing living scenes through mobile space," can flexibly switch scenes according to the needs of car owners: serving as a living platform for outdoor camping, office meetings, business negotiations, family entertainment, dining breaks, friend gatherings, movie karaoke, outdoor travel, and other diverse scenarios, providing car owners with a comfortable, convenient, and personalized multifunctional space, opening up endless possibilities for extending urban lifestyle. They can also be used as operational tools, seamlessly transforming into mobile shops, coffee cars, beauty cabins, market shops, and other diverse business forms, effectively expanding the business scenarios and service boundaries of car owners, becoming an innovative carrier that empowers mobile business operations.