Core Insights - Greebo reported a slight decline in revenue for the first three quarters of 2025, with total revenue at 3.828 billion yuan, down 3.81% year-on-year, while net profit faced temporary pressure [1] - The company secured a significant order from a leading U.S. home improvement retail chain, amounting to approximately 60 million USD, which will be delivered by the end of January 2026, enhancing product shipment scale and market share [1] - Seasonal factors in the landscaping machinery industry are expected to provide momentum for the company's performance in the first quarter of next year, aligning with sales trends of peers in the industry [1] Production Capacity - Since 2018, Greebo has established manufacturing bases in Vietnam and the U.S., achieving strategic synergy with production capabilities now on par with China [2] - The company’s annual production capacity includes a smart manufacturing base for new energy landscaping machinery, primarily located in Vietnam, with the first phase of the Taiping base operational as of June 30, 2025 [2] - Greebo is committed to monitoring trade policy changes and optimizing its global layout and market strategies to ensure stable development and long-term returns for shareholders [2] Business Expansion - Greebo's outdoor power equipment (OPE) business continues to perform well, and the company is also making progress in its robotics sector, having invested in two companies under Zhiyuan Innovation [3] - The partnership with Zhiyuan Innovation aims to expand into the global robotics market, with a focus on commercial cleaning robots, which are projected to reach a market size of 1.71 billion USD by 2031 [3] - The strategic move into commercial cleaning robots is expected to open broader market opportunities beyond traditional landscaping machinery [3]

Core Viewpoint - Greebo (301260.SZ) experienced a significant decline of 12.68% in midday trading, reaching a new low of 17.69 yuan, with a total market capitalization of 8.438 billion yuan [1] Financial Performance - In Q3, Greebo reported revenue of 851 million yuan, a decrease of 13.85% [1] - The net profit for Q3 was a loss of 222 million yuan, down 98.08% [1] - For the first three quarters, the total revenue was 3.828 billion yuan, a decline of 3.81% [1] - The net profit for the first three quarters was a loss of 88.932 million yuan, a decrease of 1056.63% [1] Business Developments - Greebo's batteries have gained recognition from multiple robotics companies and have begun supplying to some clients [1]

证券代码：301260 证券简称：格力博 公告编号：2025-066 格力博（江苏）股份有限公司 第二届董事会第十八次会议决议公告 本议案已经第二届董事会审计委员会第十三次会议审议通过， 并同意提交董事会审议。 本公司及董事会全体成员保证信息披露的内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 格力博（江苏）股份有限公司（以下简称"公司"）第二届董 事会第十八次会议于 2025 年 10 月 29 日在公司会议室以现场结合通 讯的方式召开。公司于 2025 年 10 月 26 日以电子邮件形式发出会议 通知。本次会议应出席董事 7人，实际出席董事 7人，其中非独立董 事陈寅、LEE LAWRENCE、宋琼丽及独立董事任海峙、肖波、徐翔 以通讯方式出席会议。会议由公司董事长陈寅先生召集并主持，公 司高级管理人员列席本次董事会。本次会议的召集、召开和表决程 序符合《中华人民共和国公司法》《中华人民共和国证券法》等有 关法律法规及《格力博（江苏）股份有限公司章程》的相关规定。 二、董事会会议审议情况 经各位董事认真审议，形成了如下决议： （一）审议通过《关于〈2025 年第三季 ...

中信建投证券股份有限公司 关于格力博（江苏）股份有限公司 增加 2025 年度日常关联交易预计的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐机构"）作为 格力博（江苏）股份有限公司（以下简称"格力博"、"公司"或"发行人"）首次公 开发行股票并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》 《深圳证券交易所创业板股票上市规则》等法律法规和规范性文件的要求，对格 力博变更部分募投项目实施主体进行了核查，并发表如下核查意见： 一、日常关联交易基本情况 （一）日常关联交易概述 格力博（江苏）股份有限公司（以下简称"公司"）于 2025 年 4 月 26 日召 开第二届董事会第十五次会议和第二届监事会第十三次会议，并于 2025 年 5 月 19 日召开 2024 年年度股东大会，审议通过了《关于 2024 年度日常关联交易确 认与 2025 年度日常关联交易预计的议案》，根据公司业务发展及日常经营实际 的需要，公司及控股子公司预计 2025 年度将与 STIHL Tirol GmbH、ANDREAS STIHL AG & Co. KG、安德烈斯蒂尔动力工具（青岛）有限公司、ST ...

中信建投证券股份有限公司 关于格力博（江苏）股份有限公司 部分募投项目延期及变更部分募投项目使用募集资金向全资子 公司增资金额的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐机构"）作为 格力博（江苏）股份有限公司（以下简称"格力博"、"公司"或"发行人"）首次公 开发行股票并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》 《上市公司募集资金监管规则》《深圳证券交易所创业板股票上市规则》《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等法律 法规和规范性文件的要求，对格力博变更部分募投项目实施主体进行了核查，并 发表如下核查意见： 一、募集资金的基本情况 经中国证券监督管理委员会《关于同意格力博（江苏）股份有限公司首次公 开发行股票注册的批复》（证监许可[2022]2348 号）同意注册，并经深圳证券交 易所同意，公司首次公开发行人民币普通股（A 股）121,540,000 股，每股面值 1 元，每股发行价 30.85 元，募集资金总额为人民币 374,950.90 万元，扣除发行费 用人民币 20,511.24 万元（不含增值税）后，募集资金净 ...

Core Viewpoint - Greebo (301260.SZ) reported a decline in revenue and a net loss for the first three quarters of 2025, indicating potential challenges in financial performance [1] Financial Performance - The company achieved an operating revenue of 3.828 billion yuan, representing a year-on-year decrease of 3.81% [1] - The net profit attributable to shareholders was -88.932 million yuan, indicating a loss [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -75.79 million yuan [1] - The basic earnings per share were -0.1841 yuan [1]

Core Viewpoint - Greebo reported a significant decline in revenue and incurred a net loss in the third quarter, indicating ongoing financial challenges for the company [1] Financial Performance - The company's revenue for the third quarter was 851 million, representing a decrease of 13.85% year-over-year [1] - The net loss for the third quarter amounted to 222 million [1] - For the first three quarters, the total revenue was 3.828 billion, down 3.81% compared to the previous year [1] - The net loss for the first three quarters was 89.93 million [1]

Financial Performance - The company's revenue for Q3 2025 was ¥851,300,049.61, representing a decrease of 13.85% compared to the same period last year[5] - The net profit attributable to shareholders was -¥221,629,661.73, a decline of 98.08% year-on-year[5] - The basic earnings per share were -¥0.4594, down 98.53% from the previous year[5] - Total revenue for the current period is CNY 3,828,041,060.57, a decrease of 3.8% compared to CNY 3,979,698,933.71 in the previous period[25] - The net profit for the current period is a loss of CNY 88,914,858.38, compared to a profit of CNY 9,367,107.46 in the previous period[26] - Total comprehensive income amounted to ¥85,265,716.53, a decrease of ¥47,057,886.98 compared to the previous period[27] - Basic and diluted earnings per share were both -0.1841, compared to 0.0191 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,423,855,513.50, an increase of 10.85% compared to the end of the previous year[5] - The company's total assets increased to CNY 10,423,855,513.50 from CNY 9,403,298,316.92 at the beginning of the period[24] - Current assets rose to CNY 8,037,458,359.01, up from CNY 7,303,988,505.63 at the beginning of the period, reflecting a growth of 10.1%[24] - The total liabilities increased to CNY 5,964,474,577.45 from CNY 5,026,997,777.21, marking an increase of 18.6%[24] - Short-term borrowings increased significantly to CNY 1,999,021,902.94 from CNY 1,073,120,303.39, indicating a rise of 86.1%[24] Cash Flow - Cash flow from operating activities showed a net outflow of -¥49,786,934.34, a decrease of 105.85% year-on-year[5] - Cash inflow from operating activities was ¥5,197,688,390.27, an increase from ¥4,879,420,187.82 in the previous period[28] - Net cash flow from operating activities was -¥49,786,934.34, a significant decline from ¥850,540,046.61 in the previous period[29] - Cash inflow from investing activities totaled ¥1,597,269,093.70, slightly up from ¥1,582,885,132.12 in the previous period[29] - Net cash flow from investing activities was -¥1,069,537,971.52, worsening from -¥688,623,615.17 in the previous period[29] - Cash inflow from financing activities reached ¥4,218,863,870.68, compared to ¥1,474,082,778.77 in the previous period[29] - Net cash flow from financing activities was ¥973,334,561.72, a recovery from -¥99,049,892.20 in the previous period[29] - The ending balance of cash and cash equivalents was ¥1,907,319,284.84, down from ¥1,797,781,830.88 in the previous period[29] Research and Development - Research and development expenses increased by 30.91% to ¥19,545.44 million, reflecting a rise in R&D personnel[11] - Research and development expenses for the current period were CNY 195,454,422.60, up from CNY 149,307,896.33 in the previous period, reflecting a growth of 30.9%[26] Shareholder Information - The total equity attributable to shareholders was ¥4,459,908,139.42, reflecting a slight increase of 1.90% from the previous year[5] - The total number of common shareholders at the end of the reporting period is 25,455[15] - GLOBE HOLDINGS (HONG KONG) CO., LIMITED holds 52.98% of shares, totaling 255,598,466 shares[15] - The second largest shareholder, Junma Enterprise Limited, holds 18.82% with 90,790,870 shares[15] - The total number of shares held by the top 10 shareholders is 57.10% when including indirect holdings[16] - The company has 278,021,304 shares under lock-up, with no shares released during the reporting period[19] - The company plans to reserve stock options for incentive purposes, as approved in board meetings held on August 27, 2025[20] - The stock option incentive plan for 2024 was completed on September 3, 2025[20] - The number of shares held by Chen Yin, the actual controller, is 18,232,632, representing 3.92% of the total shares[16] - The company has no preferred shareholders or changes in restricted shares during the reporting period[17] - The top 10 unrestricted shareholders hold a total of 94,000,000 shares[16] Other Information - The financial report for the third quarter was not audited[31]

格力博（江苏）股份有限公司 证券代码：301260 证券简称：格力博 公告编号：2025-067 关于 2025 年三季度计提资产减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 格力博（江苏）股份有限公司（以下简称"公司"）根据《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范 运作》《企业会计准则第 8 号——资产减值》等相关规定，对公司及 下属子公司截至 2025 年 09 月 30 日合并财务报表范围内的各项需要 计提减值的资产进行了减值测试和分析，基于谨慎性原则，公司对 合并范围内的相关资产进行了计提（以下简称为"本次计提"）。本次 计提无需提交公司董事会或股东会审议。现将具体情况公告如下： 一、本次计提资产减值准备的概述 本次计提的 7-9 月减值准备对 2025 年三季度利润总额的影响为 1,606.68万元，主要是存货跌价准备计提的影响。公司定期对存货可 变现净值进行充分的评估和分析，认为上述资产中的部分资产存在 一定的减值迹象，对其中存在减值迹象的资产相应计提了减值准备。 二、本次计提资产减值准备的具体说明 ...

本公司及董事会全体成员保证信息披露的内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 一、 日常关联交易基本情况 （一）日常关联交易概述 证券代码：301260 证券简称：格力博 公告编号：2025-069 格力博（江苏）股份有限公司 关于增加 2025 年度日常关联交易预计的公告 格力博（江苏）股份有限公司（以下简称"公司"）于 2025 年 4 月 26 日召开第二届董事会第十五次会议和第二届监事会第十三次 会议，并于 2025 年 5 月 19 日召开 2024 年年度股东大会，审议通过 了《关于 2024年度日常关联交易确认与 2025年度日常关联交易预计 的议案》，根据公司业务发展及日常经营实际的需要，公司及控股 子公司预计 2025 年度将与 STIHL Tirol GmbH、ANDREAS STIHL AG & Co. KG、安德烈斯蒂尔动力工具（青岛）有限公司、STIHL Incorporated 等关联方发生日常关联交易不超过 10,135.00万元。具体 内容详见公司于 2025年 4月 29日在巨潮资讯网（www.cninfo.com.cn） 上披露的《关于 2024年度日常 ...