Core Viewpoint - The company, 极智嘉-W (02590), has shown significant improvement in its financial performance, with a projected revenue increase and a substantial reduction in net losses for the first half of the year [1] Financial Performance - The company expects to achieve revenue between 995 million to 1.03 billion yuan, representing a year-on-year growth of 27% to 32% [1] - The net loss for the reporting period is projected to be between 45 million to 55 million yuan, a significant reduction of 90% to 92% compared to the previous year [1] - Adjusted net loss is estimated to be between 10 million to 20 million yuan, also showing a substantial decrease of 90% to 95% [1] - The improvement in performance is attributed to the growth in the warehouse mobile robot solutions business, which has led to an increase in revenue and gross profit levels [1] Strategic Developments - The company has announced the establishment of a wholly-owned subsidiary, Beijing 极智嘉具身智能科技有限公司, to enter the field of embodied intelligence [1] - The new subsidiary will focus on the research and development of embodied intelligence technology and related product businesses, including robotic picking and general-purpose robot products [1] - The group plans to apply embodied intelligence technology and related general-purpose robot products in logistics and manufacturing business scenarios, closely coordinating with its existing logistics robot business [1]

Core Viewpoint - The company, 极智嘉, has shown significant improvement in its financial performance, with a projected revenue increase and a substantial reduction in losses for the first half of the year [1] Financial Performance - The company expects to achieve revenue between 9.95 billion to 10.3 billion yuan, representing a year-on-year growth of 27% to 32% [1] - The net loss for the reporting period is estimated to be between 45 million to 55 million yuan, a significant reduction of 90% to 92% compared to the previous year [1] - Adjusted net loss is projected to be between 10 million to 20 million yuan, also a substantial decrease of 90% to 95% [1] - The improvement in performance is attributed to the growth in the warehouse mobile robot solutions business, which has led to an increase in revenue and gross profit levels [1] - The appreciation of the euro against the yuan has contributed to significant foreign exchange gains during the period [1] Strategic Developments - The company has announced the establishment of a wholly-owned subsidiary, 北京极智嘉具身智能科技有限公司, to enter the field of embodied intelligence [1] - The new subsidiary will focus on the research and development of embodied intelligence technology and related product businesses, including but not limited to robotic picking and general-purpose robot products [1] - The group plans to apply embodied intelligence technology and related general-purpose robot products in logistics and manufacturing business scenarios, closely coordinating with its existing logistics robot business [1] - The company aims to leverage its existing brand and business network to accelerate the widespread commercialization of technology and products [1]

Core Viewpoint - The company, 极智嘉-W (02590), has shown significant improvement in its financial performance, with a projected revenue increase and a substantial reduction in net losses for the first half of the year [1] Financial Performance - The company expects to achieve revenue between 9.95 billion to 10.3 billion yuan, representing a year-on-year growth of 27% to 32% [1] - The net loss for the reporting period is projected to be between 45 million to 55 million yuan, a significant reduction of 90% to 92% compared to the previous year [1] - Adjusted net loss is estimated to be between 10 million to 20 million yuan, also showing a substantial decrease of 90% to 95% [1] - The improvement in performance is attributed to the growth in the warehouse mobile robot solutions business, which has led to an increase in revenue and gross profit levels [1] - Additionally, the appreciation of the euro against the yuan has resulted in considerable foreign exchange gains during the period [1] Strategic Developments - The company has announced the establishment of a wholly-owned subsidiary, Beijing 极智嘉具身智能科技有限公司, marking its entry into the field of embodied intelligence [1] - This subsidiary will focus on the research and development of embodied intelligence technologies and related product businesses, including but not limited to robotic picking and general-purpose robotic products [1] - The group plans to apply embodied intelligence technology and related general-purpose robotic products in logistics and manufacturing business scenarios, closely coordinating with its existing logistics robot business [1] - The company aims to leverage its existing brand and business network to accelerate the widespread commercialization of these technologies and products [1]

Core Viewpoint - The company, known as the "first global AMR warehouse robot stock," has officially entered the embodied intelligence sector by establishing a wholly-owned subsidiary in Beijing, focusing on the research and development of embodied intelligence technology and related products. Group 1: Company Developments - The newly established Beijing subsidiary has an initial registered capital of 10 million yuan and will concentrate on technologies such as robotic picking and general-purpose robots [1] - The company aims to integrate embodied intelligence technology with its existing logistics robot business to enhance commercial applications and leverage its brand and business network for rapid deployment [1] - The establishment of the subsidiary is expected to accelerate the development and application of new technologies, create effective synergies with existing operations, and attract talent for long-term growth [1] Group 2: Financial Performance - The company went public on the Hong Kong Stock Exchange on July 9, marking the largest non-"A+H" tech IPO in Hong Kong this year [2] - As of 2024, the company reported revenue of 2.409 billion yuan, making it the largest revenue-generating company in the Hong Kong robotics sector [2] - The compound annual growth rate (CAGR) of revenue from 2021 to 2024 reached 45%, with annual order amounts increasing from 1.59 billion yuan in 2021 to 3.14 billion yuan in 2024 [2] - The adjusted EBITDA loss significantly narrowed to 25 million yuan in 2024, with an adjusted net loss margin of only 3.8% [2] Group 3: Strategic Partnerships - The company has partnered with UK-based Logistex to create a robotic smart warehouse for Yusen Logistics, a global supply chain logistics giant, located in Northampton, UK [3] - This collaboration reinforces the company's leadership position in the UK market, having established numerous benchmark cases in logistics automation over the past six years [3]

Core Viewpoint - The establishment of Beijing G智嘉 Embodied Intelligence Technology Co., Ltd. aims to enhance the development and commercialization of embodied intelligence technologies and related products, focusing on logistics and manufacturing applications [1] Group 1: Company Developments - The company has completed the establishment of a wholly-owned subsidiary with an initial registered capital of 10 million yuan [1] - The new subsidiary will focus on research and development of embodied intelligence technologies, including robotic picking and general robotics products [1] - The company plans to leverage its existing logistics robot business to promote the new technologies and products rapidly [1] Group 2: Strategic Focus - The company is concentrating on core business solutions represented by warehousing fulfillment robots to drive growth and ensure financial stability [1] - The establishment of the new subsidiary is expected to accelerate the research and application of new technologies while creating effective synergies with existing operations [1] - The initiative aims to attract more talent and lay a solid foundation for the company's long-term development [1]

Core Viewpoint - The company has established a wholly-owned subsidiary, Beijing Jizhi Intelligent Technology Co., Ltd., focusing on embodied intelligence technology research and related product business, including robotic picking and general robotics [1] Group 1: Company Development - The initial registered capital of the new subsidiary is 10 million yuan [1] - The subsidiary aims to apply embodied intelligence technology and general robotics products in logistics and manufacturing business scenarios, closely collaborating with the company's existing logistics robot business [1] Group 2: Strategic Focus - The company is concentrating on core business represented by warehousing fulfillment robot solutions to drive business growth, profitability, and financial stability [1] - The establishment of the subsidiary is expected to accelerate the research and application of new technologies, create effective synergy with existing businesses, and expand development space [1] Group 3: Talent Acquisition - The new subsidiary is anticipated to attract more talent, laying a solid foundation for the company's long-term development [1]

Core Viewpoint - The establishment of Beijing Jizhi Jia Embodied Intelligence Technology Co., Ltd. aims to enhance the development and commercialization of embodied intelligence technology and related products, focusing on logistics and manufacturing applications [1] Group 1: Company Establishment - The company has completed the establishment of a wholly-owned subsidiary with an initial registered capital of 10 million yuan [1] - The new subsidiary will focus on research and development of embodied intelligence technology, including robotic picking and general robotics products [1] Group 2: Business Strategy - The group plans to integrate embodied intelligence technology and general robotics products into its existing logistics robot business to enhance commercial applications [1] - The focus on warehouse fulfillment robot solutions is intended to drive business growth, profitability, and financial stability [1] Group 3: Long-term Development - The board believes that the establishment of the new subsidiary will accelerate the R&D and application promotion of new technologies [1] - The initiative is expected to create effective synergies with existing businesses, expand development opportunities, and attract more talent for the group's long-term growth [1]

Group 1 - The company has established Beijing Extreme Intelligence Technology Co., Ltd. on July 30, 2025, with a registered capital of 10 million yuan [1] - The new subsidiary will focus on the research and development of embodied intelligence technology and related product businesses [1] - Key product areas include robotic picking and general-purpose robotic products [1]

Beijing Geekplus Technology Co., Ltd. 北京極智嘉科技股份有限公司 （於中華人民共和國註冊成立以不同投票權控股的股份有限公司） （股份代碼：2590） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 本公司茲宣佈其已於2025年7月30日完成北京極智嘉具身智能科技有限公司（「具 身智能公司」），一間由本公司全資擁有的附屬公司，的設立。具身智能公司初始 註冊資本1,000萬元，該公司設立之後，將專注於具身智能技術研發和相關產品業 務，包括不限於機械手揀貨、通用機器人產品等。 本集團計劃將具身智能技術以及相關通用機器人產品，應用於物流製造等商業對 商業業務場景，與本集團現有的物流機器人業務緊密協同，並借助於本集團現有 的品牌和業務網路快速推進技術和產品的廣泛商用。 本集團聚焦以倉儲履約機器人解決方案為代表的核心業務，推動本集團業務增 長、盈利及保證財務穩健性，為具身智能等新技術的創新和商用提供持續支援。 董事會認為具身 ...