HK Stock Market Move | GEEKPLUS-W(02590) rose more than 6% during trading hours. The company has reached a strategic cooperation agreement with Mindugar to further expand its market layout in Latin America.

GEEKPLUS-W(02590) rose more than 6% during intraday trading, and as of the time of writing, it had risen by 3.13% to 15.18 Hong Kong dollars, with a transaction amount of 34.7984 million Hong Kong dollars. On the news front, according to a message from Geekplus official WeChat account, the company recently reached a strategic cooperation with the leading industrial storage system supplier Mindugar in Latin America. The two parties will work together to provide integrated and scalable intelligent warehouse solutions for Latin American enterprises to meet the rapidly growing demand for automation in the region. With the rapid rise of e-commerce, the accelerated transformation and upgrading of the manufacturing industry, and the continuous increase in demand for cost reduction and efficiency improvement in enterprise warehousing, the intelligent warehousing industry in Latin America has entered a period of explosive growth. The strategic cooperation between Geekplus and Mindugar this time precisely targets the urgent needs in the region, providing Latin American customers with integrated intelligent warehousing solutions that are adaptable to local operating scenarios, highly flexible, and efficient. This cooperation will further help Geekplus deeply integrate into the blue ocean market of Latin America, and form a multi-round driving global layout with mature European, American, and Asia-Pacific markets, continuously increasing the scale of global business and market influence.