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]