香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 MINTH GROUP LIMITED 敏實集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：425） 更改每手買賣單位 董事會謹此宣佈，股份於聯交所買賣之每手買賣單位將由2,000股股份更改為100 股股份，自2026年2月26日（星期四）上午九時正起生效。更改每手買賣單位之預 期時間表載於以下正文。 股東可於2026年2月9日（星期一）至2026年3月20日（星期五）（包括首尾兩日）的營 業時間內，將其每手買賣單位為2,000股股份之現有股票交回股份過戶登記處，以 免費換領每手買賣單位為100股股份之新股票。 敏實集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董 事會」）謹此宣佈，本公司股本中之普通股（「股份」）於香港聯合交易所有限公司（「聯 交所」）主板買賣之每手買賣單位將由2,000股股份更改為100股股份，自2026年2月 26日（星期四）上午九時正起 ...

Core Viewpoint - Daiwa has reiterated a "Buy" rating for Minth Group (00425) and raised the target price from HKD 40 to HKD 52, adjusting net profit forecasts for this year and next by 4% to 5% to reflect positive business updates [1] Group 1: Business Performance - The sales volume of electric vehicles in Europe increased by approximately 30% last year, reaching 3 million units [1] - Germany has reinstated national subsidies for electric vehicle purchases for low- to middle-income households, which is expected to drive strong double-digit growth in electric vehicle sales across Europe this year [1] - Currently, 70% of Minth Group's battery casing orders come from European clients [1] Group 2: Market Insights - According to Global Market Insights, the global liquid cooling systems market for data centers is projected to reach USD 6 billion this year and grow to USD 12 billion by 2030 [1] - Minth Group is expected to capture a market share of 3% to 5% in the value chain between 2026 and 2030 [1]

Core Viewpoint - Daiwa has reiterated a "Buy" rating for Minth Group (00425) and raised the target price from HKD 40 to HKD 52, reflecting a 4% to 5% increase in net profit forecasts for this year and next year due to positive business updates [1] Group 1: Business Performance - The sales volume of electric vehicles in Europe increased by approximately 30% last year, reaching 3 million units [1] - Germany has reinstated national subsidies for electric vehicle purchases for low- to middle-income families, which is expected to drive strong double-digit growth in electric vehicle sales in Europe this year [1] - Currently, 70% of the battery casing orders for Minth Group come from European customers [1] Group 2: Market Insights - According to Global Market Insights, the global liquid cooling system market for data centers is projected to reach USD 6 billion this year and grow to USD 12 billion by 2030 [1] - Minth Group is expected to capture a market share of 3% to 5% in the value chain from 2026 to 2030 [1]

Group 1 - The core viewpoint of the article is that the recent electric vehicle subsidies introduced by Germany are likely to act as a catalyst for the business of Sensata Technologies, a leading battery casing supplier in Europe [1] - The report from Credit Lyonnais expresses low concerns regarding the rise in aluminum prices, predicting that the gross margins for aluminum products will have greater buffer space due to new orders and leverage effects [1] - Credit Lyonnais forecasts comprehensive growth in Sensata's three core markets this year: continuous expansion of electric vehicle sales in Europe, enhanced competitiveness of joint ventures in China, and increased production capacity in North America driven by tariff policies [1] Group 2 - Credit Lyonnais has raised its target price for Sensata from HKD 36 to HKD 43, maintaining an "outperform" rating [1] - Additionally, Daiwa has also raised its target price for Sensata to HKD 52 and increased net profit forecasts for this year and next [1]

Core Viewpoint - The report from Daiwa highlights positive business updates for Sensata Technologies, particularly in light of Germany's reinstatement of subsidies for low- and middle-income households purchasing electric vehicles, which is expected to drive strong growth in electric vehicle sales in Europe this year [1] Group 1: Business Updates - Germany has resumed national subsidies for electric vehicle purchases for low- and middle-income families, which is anticipated to contribute to a double-digit growth in electric vehicle sales in Europe this year [1] - Sensata Technologies derives 70% of its battery casing orders from European customers, positioning the company favorably in the growing electric vehicle market [1] Group 2: Market Insights - According to Global Market Insights, the global data center liquid cooling systems market is projected to reach $6 billion this year and grow to $12 billion by 2030 [1] - Sensata is expected to capture a market share of 3% to 5% in the value chain from 2026 to 2030, indicating potential growth opportunities in this sector [1] Group 3: Financial Projections - Daiwa has reiterated a "Buy" rating for Sensata, raising the target price from HKD 40 to HKD 52 [1] - The net profit forecasts for this year and next year have been increased by 4% to 5% to reflect the incremental changes in the business [1]

Group 1 - Morgan Stanley increased its stake in Minth Group (00425) by acquiring 4.106395 million shares at a price of HKD 39.4901 per share, totaling approximately HKD 162 million [1][3] - Following the acquisition, Morgan Stanley's total shareholding in Minth Group reached approximately 71.9977 million shares, representing a holding percentage of 6.09% [1][3]

| 原格廠 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 賣出或涉及的股每股的平均價 | | | | 持有權益的股份數目 | 佔已發行的 有關事件的日 | | --- | --- | --- | --- | --- | --- | --- | | | 元堂(三 | | | | (請參閱上述*註解)有投票權股(日/月/年) | | | | | | | | | 份高分比 | | . CS20260128E00205 | JPMorgan Chase & Co. | 1101(L) | 4,106,395(L | HKD 39.4901 | 71,997,687(L) | 6.09(L)23/01/2026 | | | | | | | 6,643,739(S) | 0.56(S) | | | | | | | 17,245,373(P) | 1.45(P) | 格隆汇1月28日丨根据联交所最新权益披露资料显示，2026年1月23日，敏实集团(00425.HK)获JPMorgan Chase & Co.以每股均价39.4901港元增持好仓410.64 万股，涉资约1.62亿港元。 增持后，JPMorgan ...

香港联交所最新数据显示，1月23日，摩根大通增持敏实集团(00425)410.6395万股，每股作价39.4901港 元，总金额约为1.62亿港元。增持后最新持股数目约为7199.77万股，持股比例为6.09%。 ...

智通财经APP获悉，香港联交所最新数据显示，1月23日，摩根大通增持敏实集团(00425)410.6395万 股，每股作价39.4901港元，总金额约为1.62亿港元。增持后最新持股数目约为7199.77万股，持股比例 为6.09%。 ...

香港联交所最新资料显示，1月21日，独立非执行董事莫贵标减持敏实集团(00425)1.4万股，每股作价 32.5港元，总金额为45.5万港元。减持后最新持股数目为3.6万股。 ...