As the wave of intelligent logistics sweeps across global markets, Geek+ (HKEX: 02590), a pioneer in AI and robotics technology, is emerging as a frontrunner in this transformation. The company's robust growth trajectory and forward-looking strategic positioning have captured significant attention from capital markets.
On February 6, Geek+ achieved a milestone by being included in the Southbound Stock Connect program, marking enhanced recognition from financial markets. While the stock experienced minor corrections that day, trading volume surged remarkably. Southbound capital from mainland investors through both Shanghai and Shenzhen Connect channels demonstrated strong confidence, with net purchases exceeding 570,000 shares combined.
Market Confidence and Growth Prospects
Analysts view the Stock Connect inclusion as providing immediate liquidity benefits. Short-term price fluctuations haven't altered the company's fundamentally positive trajectory, instead presenting strategic entry points for long-term investors. Key factors attracting southbound capital include Geek+'s established global footprint, technological leadership, and proven commercialization capabilities across multiple operational scenarios.
The company's recent performance metrics underscore its competitive strength. In 2025, Geek+ recorded total orders worth 4.137 billion yuan, representing approximately 31.7% year-over-year growth that significantly outpaced industry averages. Particularly noteworthy is the company's expanding presence in emerging markets including Eastern Europe and Latin America, demonstrating substantial growth potential.
Strategic Partnerships and Technological Breakthroughs
Geek+ has secured strategic cooperation agreements with leading global e-commerce platforms, with commitments for annual purchases worth hundreds of millions of yuan. These partnerships confirm the deep integration of Geek+'s solutions into clients' core supply chains and their replicability across regions.
In embodied intelligence development, Geek+ has made significant advancements. The company's proprietary "Geek+ Brain" foundation model has achieved precision in large-scale SKU picking within warehouse environments, substantially improving operational efficiency. More notably, the world's first unmanned picking workstation commenced operations in Xiong'an New Area on February 4, leveraging local computing resources and application scenarios to accelerate R&D implementation.
Institutional Outlook and Financial Projections
Financial institutions maintain optimistic projections for Geek+'s profitability. China Merchants Securities anticipates adjusted profitability by fiscal 2025, transitioning to scaled profitability in 2026. Daiwa Securities highlights strong order growth in key markets like the United States and substantial technological moats that could drive gross margin improvements by 2026. Bank of America forecasts the company will achieve breakeven in 2025, with EPS growth potentially reaching 55% by 2028 compared to 2025 levels.
Market observers attribute current stock volatility to temporary capital flow adjustments rather than fundamental changes. As southbound capital continues allocation and commercialization milestones materialize, Geek+'s long-term value proposition is expected to become increasingly evident. The Stock Connect inclusion not only represents a strategic advancement in Geek+'s globalization but also provides investors access to participate in the global smart logistics evolution.