智通财经APP讯，敏实集团(00425)发布公告，于2025年9月17日，因购股权获行使发行合计158.46万 股。 ...

如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) 00425 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股發行/出售價 (註4) | | 已發行股份總數 | | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | | | | | 於下列日期開始時的結存(註1) 2025年9月17日 | | 1, ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 敏實集團有限公司 呈交日期： 2025年9月23日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 第 2 頁 共 6 頁 v 1.3.0 FF305 確認 不適用 第一章節註釋： | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) 00425 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | 事件 | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每股發行/出售價 (註4 ...

香港联交所最新资料显示，9月17日，集团首席财务官张玉霞减持敏实集团(00425)5万股，每股作价 36.06港元，总金额为180.3万港元。减持后最新持股数目为103万股，最新持股比例为0.09%。 ...

智通财经APP获悉，香港联交所最新资料显示，9月17日，集团首席财务官张玉霞减持敏实集团(00425)5 万股，每股作价36.06港元，总金额为180.3万港元。减持后最新持股数目为103万股，最新持股比例为 0.09%。 ...

Group 1 - The company, Lian Technology (300784.SZ), confirmed that its products are widely used in various sectors including consumer electronics, toys, daily necessities, automotive parts, and medical devices [2] - The company primarily serves well-known domestic and international enterprises, including listed companies such as Logitech Group, Minth Group, Spin Master, and Preh [2]

Core Viewpoint - Minth Group reported a solid performance in the first half of 2025, with revenue, net profit attributable to shareholders, and operating profit reaching 12.287 billion, 1.277 billion, and 1.430 billion yuan respectively, representing year-on-year growth of 10.8%, 19.5%, and 21.9% [1][2] Financial Performance - The company's revenue, net profit attributable to shareholders, and operating profit for the first half of 2025 were 12.287 billion, 1.277 billion, and 1.430 billion yuan, showing year-on-year increases of 10.8%, 19.5%, and 21.9% [1][2] Business Growth Drivers - Revenue growth was primarily driven by increased capacity utilization in the battery box business and a rise in global order volume, with traditional exterior products performing well in international markets [2][3] - Cost reduction and efficiency improvement measures, along with economies of scale, contributed to a stable gross margin of 28.3%, a slight decrease of 0.2% year-on-year [2][3] Domestic and International Business Structure - Domestic revenue was 4.306 billion yuan, down 4.9% year-on-year, mainly due to a decline in market share among joint venture brands [2] - International business showed strong performance with revenue of 7.981 billion yuan, up 21.6% year-on-year, accounting for 65% of total revenue [2] - The company is deepening its "GLOCAL" strategy to enhance regional supply chain capabilities [2] Product Line Development and New Business Initiatives - The battery box business generated revenue of 3.582 billion yuan, up 49.9% year-on-year, securing new clients like Chery, BYD, and General Motors while expanding shares with Toyota and Volkswagen [2] - Revenue from aluminum parts, plastic parts, and metal trims was 2.469 billion, 2.867 billion, and 2.660 billion yuan respectively, showing year-on-year growth of 4.1%, 0.9%, and 4.6% [2] - The company is advancing in new business areas such as humanoid robots, eVTOL collaborations, and wireless charging systems, with strategic partnerships and ongoing projects [2][3] Future Outlook - The company is expected to benefit from the global shift towards electric and intelligent vehicles, with a robust overseas capacity layout to capture opportunities from Chinese automakers expanding abroad [3] - The digital transformation is accelerating with the global deployment of the SAP system, enhancing production monitoring and cost management [3] - Sustainable development initiatives are being expanded, focusing on low-carbon materials to support clients' carbon neutrality goals [3]

Core Viewpoint - Goldman Sachs has released a report indicating that Minth Group's (00425) EBIT for the first half of the year met expectations, leading to an upward revision of the net income forecast for 2025 to 2027 by 13% and an increase in the target price from HKD 27.6 to HKD 33.5, although the rating has been downgraded to "Neutral" [1] Company Summary - Minth Group's EBIT for the first half of the year aligns with market expectations [1] - The target price for Minth Group has been raised from HKD 27.6 to HKD 33.5 [1] - The rating for Minth Group has been downgraded to "Neutral" [1] Industry Summary - The valuation re-evaluation for Minth Group will depend on the global automotive demand outlook [1] - It is believed that automotive demand in major markets will peak, with growth expected to slow from 6% in 2023 and 2024 to 1% in 2025 and 2026, and then decline by 2% in 2027 and 2028 [1] - Net profit growth for Minth Group is anticipated to slow to 15% in 2025 and 2026, further decreasing to 11% in 2027 [1]

Group 1 - Goldman Sachs reported that Minth Group's (00425) EBIT for the first half of the year met expectations [1] - The firm raised its net income forecast for Minth Group for 2025 to 2027 by 13% and increased the target price from HKD 27.6 to HKD 33.5 [1] - However, the rating was downgraded to "Neutral" due to concerns about the global automotive demand outlook [1] Group 2 - Goldman Sachs believes that the peak demand for automobiles in major markets will be reached, with growth expected to slow from 6% in 2023 and 2024 to 1% in 2025 and 2026, and then decline by 2% in 2027 and 2028 [1] - The expected net profit growth rate for Minth Group is projected to slow to 15% in 2025 and 2026, further decreasing to 11% in 2027 [1]

Group 1 - Goldman Sachs published a research report indicating that Minth Group's EBIT for the first half of the year met expectations [1] - The firm raised its net income forecast for Minth Group for 2025 to 2027 by 13% and increased the target price from HKD 27.6 to HKD 33.5 [1] - However, the rating was downgraded to "Neutral" due to concerns about the global automotive demand outlook [1] Group 2 - Goldman Sachs believes that the automotive demand in major markets is expected to peak, with growth projected to slow from 6% in 2023 and 2024 to 1% in 2025 and 2026, and further decline by 2% in 2027 and 2028 [1] - Consequently, the firm anticipates that Minth's net profit growth rate will decelerate to 15% in 2025 and 2026, and further drop to 11% in 2027 [1]