GEEKPLUS-W (02590) Partners with DHL to Achieve New Zealand's Largest Robotics Deployment

Stock News
Nov 07

GEEKPLUS-W (02590) recently collaborated with DHL Supply Chain to establish New Zealand's most advanced life sciences and healthcare logistics center in Auckland, marking the country's largest robotics deployment to date. The facility underwent a comprehensive intelligent upgrade by implementing GEEKPLUS-W's RoboShuttle goods-to-person picking solution, significantly accelerating order fulfillment while reducing manual operational risks. This initiative has boosted DHL's healthcare logistics processing capacity in New Zealand by 20%.

Beyond streamlining pharmaceutical and medical supply flows, GEEKPLUS-W's robotics solutions have infused "China-made intelligence" into the local healthcare supply chain. The company recently secured a major order exceeding RMB 300 million and entered a strategic partnership with Maersk, reinforcing its global expansion momentum.

As of June 30, 2025, GEEKPLUS-W operates in over 40 countries, serving more than 850 global clients including Nike, Walmart, and Siemens. Overseas revenue consistently accounts for over 70% of total sales, with order growth exceeding 30% and a repeat customer rate above 80%. Many clients have expanded the deployment of its solutions worldwide.

Analysts remain bullish on GEEKPLUS-W's prospects. MinSheng Securities highlights its leadership in AMR-based warehouse fulfillment solutions, full-chain technological capabilities, and global service network, expecting strengthened client retention and profitability amid industry growth. Morgan Stanley maintains an "Overweight" rating, citing robust Q3 order growth, while Daiwa reaffirms GEEKPLUS-W as its top pick in global logistics AI, reiterating a "Buy" call with a HK$38 target.

Leveraging its "AI + robotics" expertise, GEEKPLUS-W continues to empower global supply chain upgrades with partners like DHL, building more efficient and reliable logistics networks to benefit broader international markets.

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