HK Stock Market Move | GEEKPLUS-W(02590) rises more than 4% as the company actively expands into the Eastern European market. Recently, it has once again won a bid for a 200 million RMB order from a well-known fashion retail group in Eastern Europe.

GEEKPLUS-W(02590) rose by more than 4%, as of the time of publication, it increased by 4.38% to 25.32 Hong Kong dollars, with a trading volume of 20.9069 million Hong Kong dollars. On the news front, according to the Star Sea Intelligence Bureau, GEEKPLUS-W once again won a 200 million yuan order from a well-known fashion retail group in Eastern Europe recently, with the company's total order volume in Eastern Europe for 2025 approaching 500 million yuan. This indicates that the Eastern European market has become a new growth point for the company's overseas business, and also confirms the outstanding effectiveness of the company's global layout and the maturity and replicability of its business model across regions. The report points out that the e-commerce and logistics industries in Eastern Europe are currently in a period of rapid development, with a continuous increase in demand for warehouse automation. Against this backdrop, GEEKPLUS-W is actively expanding its presence in the Eastern European market, having established an Eastern European office and team in Poland. Leveraging mature technology solutions and deep insights into local demand, the company has successively implemented multiple intelligent warehouse projects and has gained widespread recognition from customers in the fashion retail, e-commerce, and logistics sectors.