Core Insights - Greebo reported a revenue of 2.977 billion yuan and a net profit of 133 million yuan for the first half of 2025, marking a year-on-year growth of 9.50% in net profit and 31.91% in net profit after deducting non-recurring items [1] - The company is entering the smart robotics sector through strategic partnerships with leading companies in the field, which is seen as a new growth opportunity [1][4] Financial Performance - Greebo's core products showed strong revenue performance, with the lawn mower segment achieving sales of 787 million yuan, a year-on-year increase of 5.95% [2] - The lithium battery-powered lawn mowers generated sales of 175 million yuan, reflecting a significant growth of 63.02% [2] - The third-generation lawn mowing robot launched in Europe saw a sales revenue increase of 68.92% compared to the same period last year [2] - Electric tools under the greenworks brand achieved sales of 120 million yuan, with a remarkable growth of 72.95% [2] Sales Channels - Greebo has established a comprehensive sales model covering "supermarkets + e-commerce + distributors," with over 12,000 stores globally selling its products [3] - E-commerce sales reached 1.2 billion yuan, accounting for 40.6% of the company's main business revenue, showing a year-on-year growth of 14% [3] Production Capacity - Since 2018, Greebo has established manufacturing bases in Vietnam and the United States, achieving strategic synergy across its three major production sites [3] Strategic Partnerships - Greebo is collaborating with Zhiyuan Innovation to explore the global robotics market, leveraging each other's strengths in product development and channel construction [4] - The company has signed a cooperation agreement with Zhejiang Zhiding to support the industrialization of commercial cleaning robots, enhancing global market penetration [4] - In August, Greebo co-founded an investment partnership to accelerate its expansion into the smart robotics and artificial intelligence sectors [4][5] Future Outlook - Through investments and partnerships, Greebo aims to strengthen its business layout in the smart robotics field, leveraging its manufacturing technology and supply chain advantages [5]