Minth Group Moves Into AI Robotics With U.S. Joint Venture
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Minth Group has announced a joint venture with Leader Harmonious to develop humanoid robot joint modules in the U.S., marking its expansion into AI robotics. The JV will be 60% owned by Minth, with an initial capital of USD 10 million, allowing Minth to diversify beyond auto parts. Analysts rate Minth Group stock as a Buy, with a target price of HK$42.00. The company is also involved in various technology sectors, including AI and intelligent mobility, and has a current market cap of HK$43.39B.
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