Hong Kong Stocks Movement | GEEKPLUS-W (02590) Rises Over 3% in Late Trading, Secures Major Orders Worth Over RMB 300 Million and Forms Multiple Overseas Strategic Partnerships

Stock News
Nov 11

GEEKPLUS-W (02590) surged over 3% in late trading, closing at HK$25.78 with a turnover of HK$40.97 million. The company recently secured multiple logistics robotics projects from a leading e-commerce giant, with contract values exceeding RMB 300 million.

This year, GEEKPLUS-W has maintained strong order growth, with several deals surpassing RMB 100 million each. Order volume has increased by more than 30%, while customer repurchase rates exceed 80%, demonstrating the reliability of its products and global service capabilities. This sustained demand reflects validation of both its technological strength and business model.

Notably, GEEKPLUS-W has established multiple overseas strategic partnerships. The company collaborated with international sportswear brand PUMA to develop a smart logistics center integrating offline stores and e-commerce fulfillment. In South Korea, leading e-commerce platform Coupang successfully deployed GEEKPLUS-W’s robotics solutions at its Incheon logistics hub. Additionally, GEEKPLUS-W supported DHL Supply Chain in building New Zealand’s most advanced life sciences and healthcare logistics center in Auckland, setting a national record for the largest robotics deployment. The company also formalized a strategic partnership with Maersk Korea Contract Logistics.

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