Ecarx (ECX) said Monday it agreed to a components procurement, and research and development services deal with Geely Automobile, Zhejiang HUANFU and Hangzhou Langge.
Under the agreement, Geely will purchase automobile components and R&D services from Ecarx, Zhejiang HUANFU and Hangzhou Langge, for three years ending Dec. 31, 2027.
Ecarx said the agreement has aggregated annual caps of 6.39 billion renminbi ($883 million), 6.43 billion renminbi and 6.49 billion renminbi for 2025, 2026 and 2027, respectively.
The company shares were up 5.6% in recent after-hours activity.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。