Ge Long Hui·2025-12-11 08:52Core Viewpoint - The company will voluntarily terminate its HART business by the end of 2025 while retaining the HART brand in its product portfolio, aiming to enhance profitability and growth potential [1] Group 1: Business Strategy - The decision to end the HART business is part of the company's ongoing pursuit of profit growth [1] - The company emphasizes the strong demand trends for its Milwaukee and Ryobi brands across all core verticals, which supports its success in 2026 [1] Group 2: Leadership Insights - CEO Steven Philip Richman expressed pride in the continued growth of the Milwaukee and Ryobi brands despite rising tariffs and macroeconomic uncertainties [1] - The termination of the HART business is expected to strengthen the company's ability to achieve mid-term internal profit targets and maintain additional growth potential in the coming years [1]