Core Insights - The strategic partnership between the company and a leading global e-commerce firm signifies a new phase of high certainty growth and cross-regional replication for the company's global business [1] - The company has secured significant orders, including multiple billion-level contracts for 2025, indicating deep integration into the client's supply chain and high revenue certainty [1] - The company has won a new order worth 200 million yuan in the Eastern European market, with total orders in the region expected to reach nearly 500 million yuan by 2025, positioning Eastern Europe as a new growth engine for overseas business [1] Group 1 - The Eastern European e-commerce and logistics sector is experiencing rapid growth, with increasing demand for warehouse automation, prompting the company to establish an office and team in Poland to deepen its market presence [2] - The company's overseas revenue accounted for 79.5% in the first half of 2025, with an overseas business gross margin of 46.2%, indicating successful global expansion [2] - The largest cornerstone investor, Xiong'an Fund, has expressed a long-term positive outlook on the company, emphasizing its strong technological barriers and replicable business model [2] Group 2 - Major investment banks and brokerages, including China Merchants Securities International and Morgan Stanley, have shown strong support for the company, with expectations of achieving scalable profitability by 2026 [3] - The company has been recognized for its AI-driven warehouse transformation, with Daiwa Securities raising its target price to HKD 38 per share, indicating a potential upside of approximately 51% from the current price [3]
极智嘉与全球电商巨头签订战略合作协议 最大基石投资者表态长期看好