GEEKPLUS-W Shares Rise Over 3% at Opening, Institutions Highlight Company's Leading Edge in AI for Smart Warehousing

Deep News01-07

GEEKPLUS-W (02590) saw its shares rise over 3% at the start of trading. At the time of writing, the stock was up 2.05%, trading at HK$23.84 with a turnover of HK$12.3224 million.

A CICC research report stated that GEEKPLUS-W is a leading AMR solution provider with a stable business model. The application of AI technology is expected to enhance the growth potential of its warehouse AMR solutions. The report indicated that the company possesses a leading advantage in applying AI technology to smart warehousing and operates in an industry with a clear competitive landscape.

China Merchants Securities believes that GEEKPLUS-W is the world's largest provider of AMR (Autonomous Mobile Robot) solutions for warehouse fulfillment, boasting the most comprehensive solution portfolio and the largest customer base. The company leverages robotics to empower the intelligent transformation of warehouse logistics, addressing pain points in traditional warehouses such as low efficiency, poor reliability, high costs, and lack of flexibility.

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