Smartglory (02590) expands overseas again with "AI+Siasun Robot&Automation" heading overseas, potentially opening up new profit growth opportunities.

Ji Zhi Jia (02590) collaborates with Nordic partner STL to create an efficient intelligent warehouse for the Danish lifestyle brand Sstrene Grene, successfully landing the eighth collaboration project between the two parties. This case not only signifies Ji Zhi Jia's further expansion in the Nordic market but also demonstrates the "Chinese smart manufacturing" solid strength in the global warehouse automation field. In response to the needs for category expansion and business growth, Sstrene Grene deployed the Ji Zhi Jia Siasun Robot&Automation solution at its distribution center in Venlo, Netherlands, achieving a significant improvement in warehouse throughput efficiency and picking accuracy. Picking and replenishment can be carried out simultaneously, and the system scale can be easily expanded at any stage. It is reported that Sstrene Grene's logistics center in Aarhus, Denmark is preparing for a similar solution, expected to go online in 2026. The successful implementation of this project is another strategic achievement of Ji Zhi Jia's deep cultivation in overseas markets. Recently, Ji Zhi Jia has been making frequent movements, from collaborating with DHL to set up the largest Siasun Robot&Automation deployment in New Zealand, to landing intelligent warehouse projects with PUMA, Coupang, and reaching a strategic cooperation with Maersk, continuously expanding its overseas business territory, further consolidating its industry position as the "world's largest warehouse fulfillment Siasun Robot&Automation solution provider for six consecutive years." Data shows that in the first half of 2025, its overseas revenue accounted for 79.5%, and the gross profit margin in non-mainland China markets reached 46.2%, demonstrating strong profitability potential under globalization. Ji Zhi Jia's go-global strategy is not a one-off breakthrough but a construction of an ecosystem model of "technology export + local cooperation." Through its exclusive partnership with STL, Ji Zhi Jia has deeply penetrated the Nordic market. By the first half of 2025, its global service network covers 52 global service stations and 12 spare parts centers, providing stable and reliable support for global customers. In the global AMR market with an annual growth rate exceeding 30%, Ji Zhi Jia uses "AI+Siasun Robot&Automation" technology as its engine. As its globalization layout continues to deepen, it is expected to further open up growth space.