Group 1 - The company focuses on new energy garden machinery, primarily utilizing lithium batteries [1] - Solid-state lithium batteries are expected to be applied in future products [1] - The company's energy storage projects include specialized energy storage products compatible with its ecosystem, as well as home storage and mobile storage products [1]

（编辑 袁冠琳） 证券日报网讯 格力博9月12日在互动平台回答投资者提问时表示，公司与智元创新的合作，旨在共同开 拓全球机器人市场，通过优势互补形成产业协同。目前已经增资智元创新旗下浙江智鼎和安努智能，并 达成合作，后续公司将依托产业链及全球市场网络优势为合作赋能。 ...

Group 1 - The company Greebo stated that as of June 30, 2025, the cumulative investment in the new energy autonomous lawn mower and lawn robot manufacturing project will account for 42.47% of the total investment [1] - By August 2025, the project will have new implementing entities including Geteng Automotive, Vika Plastics, Bokan Electronics, and American MFG, indicating an expansion of project management [1] - The company aims to accelerate the progress of the fundraising project based on the needs of project construction and the principle of improving the efficiency of fundraising fund utilization [1]

Core Viewpoint - Greebo (301260.SZ) focuses on new energy garden machinery, primarily utilizing lithium batteries, with plans to incorporate solid-state lithium batteries in future products [1] Group 1 - The company's products are mainly centered around new energy garden machinery [1] - Lithium batteries are the primary technology used in the company's offerings [1] - Future applications will include solid-state lithium batteries [1] Group 2 - The company has storage projects that include specialized storage products tailored to its ecosystem [1] - The storage projects also encompass home storage and mobile storage solutions [1]

Core Viewpoint - The company Greebo (301260.SZ) is progressing on its manufacturing project for 30,000 new energy autonomous lawn mowers and 50,000 lawn robots, with 42.47% of the total investment completed by June 30, 2025 [1] Group 1 - As of June 30, 2025, the cumulative investment in the project for the production of 30,000 new energy autonomous lawn mowers and 50,000 lawn robots has reached 42.47% of the total investment amount [1] - The project has added new implementation entities including Geteng Automotive, Vika Plastics, Bokan Electronics, and MFG from the United States as of August 2025 [1] - The company plans to accelerate the progress of the fundraising project based on the needs of project construction and aims to improve the efficiency of fundraising utilization [1]

Group 1 - The company's products primarily focus on new energy garden machinery, mainly utilizing lithium batteries [1] - Solid-state lithium batteries are expected to be applied in future compatible products [1] - The company's energy storage projects include specialized energy storage products suited to its ecosystem, as well as home storage and mobile storage products [1]

格力博（301260.SZ）9月12日在投资者互动平台表示，公司年产500万件新能源园林机械智能制造基地 建设项目主要在越南实施。截至2024年底，越南太平基地一期建设已经完成并通过客户验厂，截至2025 年6月30日，太平基地一期的主要建设项目均已达到预定可使用状态。2025年8月，太平基地二期正式举 行动土仪式。 目前，越南制造基地已经具备先进的制造能力和规模化效应，能够满足产品垂直制造的 要求，公司后续将持续推进越南太平基地二期的项目建设进度和越南海防制造基地的建设进度。 每经AI快讯，有投资者在投资者互动平台提问：请问年产500万件新能源园林机械智能制造基地建设项 目进度如何了？ （记者 王晓波） ...

Core Viewpoint - The company Greebo has indicated that its lawn mower robot business currently represents a relatively small portion of its overall revenue, emphasizing a strategy focused on steady operation and long-term development in this rapidly growing sector [1] Group 1 - The lawn mower robot business is a fast-growing segment for the company, but it still contributes a minor share to total revenue [1] - The company is committed to building a solid technological foundation, enhancing product experience, and developing channel and brand advantages in this business area [1]

Core Viewpoint - Greebo (301260.SZ) is collaborating with Zhiyuan Innovation to jointly explore the global robotics market, aiming for industrial synergy through complementary advantages [1] Group 1 - The partnership involves capital increase in Zhiyuan Innovation's subsidiaries, Zhejiang Zhidong and Annu Intelligent [1] - The collaboration is expected to leverage the advantages of the industrial chain and global market network to empower the partnership [1]

Investment Rating - The report maintains a strong buy recommendation for the industry, highlighting specific companies such as Juxing Technology, QuanFeng Holdings, Jack Technology, and Honghua Digital Science as key investment opportunities [4][9]. Core Insights - The overall revenue growth rate for the sample companies in the first half of 2025 was 15.04%, while the net profit growth rate was 23.34%, indicating that profit growth outpaced revenue growth [3][15]. - The average gross margin for the sample companies in the first half of 2025 was 30.95%, a slight decrease of 0.53 percentage points year-on-year, while the average net margin increased by 0.96 percentage points to 14.15% [3][21]. - Cash flow conditions improved significantly, with operating net cash flow rising from 5.384 billion in the first half of 2024 to 6.978 billion in the first half of 2025 [3][21]. Summary by Sections 1. Overview of Consumer Goods Export Chain Companies - The report analyzes 21 companies in the mechanical industry that primarily serve the C-end consumer market or manufacture products for C-end consumption, with a significant portion of their revenue coming from overseas markets [2][12]. 2. Stock Performance - Stock performance showed significant differentiation, with companies in the garden tools and two-wheeler sectors performing well. Notable performers in Q1 2025 included Jiexing Technology and QuanFeng Holdings, driven by the robotics sector [7][13]. 3. Profit Growth Outpacing Revenue Growth - The report notes that several companies experienced revenue growth exceeding 20%, including Daya Co. with a 132.3% increase in revenue due to seasonal demand and acquisitions [15][16]. 4. Profitability Improvement - Most sample companies demonstrated strong profitability, with net profit margins increasing year-on-year. Companies like Yindu Co. and Honghua Digital Science reported high net margins of 24.3% and 25.47%, respectively [21][22]. 5. Cash Flow Status - The cash flow situation for the sample companies is reported to be good, with a net cash ratio consistently above 1, indicating healthy cash flow management [3][21]. 6. Future Outlook - The report emphasizes the importance of monitoring tariff and interest rate changes, which could catalyze demand in certain sub-industries. The anticipated interest rate cuts in the U.S. are expected to enhance demand elasticity for related products [8][9]. 7. Investment Recommendations - The report suggests focusing on companies with advanced global layouts that are likely to gain market share amid tariff changes. Specific recommendations include Juxing Technology, QuanFeng Holdings, and Jack Technology [8][9].