Core Viewpoint - The company reported a revenue of RMB 12.287 billion for the six months ending June 30, 2025, representing a year-on-year increase of 10.79%, with a profit attributable to shareholders of RMB 1.277 billion, up 19.51% year-on-year, and basic earnings per share of RMB 1.12 [1] Group 1: Financial Performance - The company achieved a revenue of RMB 12.287 billion, marking a 10.79% increase compared to the previous year [1] - Profit attributable to shareholders reached RMB 1.277 billion, reflecting a year-on-year growth of 19.51% [1] - Basic earnings per share were reported at RMB 1.12 [1] Group 2: Operational Efficiency - The company enhanced operational efficiency through effective collaboration across departments and optimized order mechanisms [1] - A flexible production network was established globally, implementing a "hub + satellite" factory model [2] - The company adopted a GLOCAL (global + local) operational strategy to improve resource allocation and regional autonomy [1][2] Group 3: Strategic Development - The company integrated multinational operational experience with local practices to optimize its regional supply chain [2] - It established unique competitive barriers in strategic layout, technological innovation, product matrix, resource collaboration, and talent development [2] - The company plans to increase capital expenditure in North America, Europe, and Southeast Asia to accelerate business growth in these markets [2] Group 4: Product and Market Focus - The company focused on expanding its business with Chinese brands and new car manufacturers, supporting their international strategies [3] - It secured multiple orders from international brands in various regions [3] - The battery box product line continued to grow rapidly, while traditional exterior parts showed steady growth [3]

格隆汇8月27日丨敏实集团(00425.HK)公告，截至2025年6月30日止六个月，营业额增长约10.8%，达到 约人民币12,287百万元。毛利率约28.3%（2024年同期：约28.5%）。公司拥有人应占溢利增长约 19.5%，为约人民币1,277百万元。每股基本盈利约人民币1.120元。 ...

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。 中期業績 敏實集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬公司 （「本集團」）截至二零二五年六月三十日止六個月（「回顧期間」）未經審核綜合財務業績連 同截至二零二四年六月三十日止六個月（「二零二四年同期」）的比較數字之詳情如下： – 1 – MINTH GROUP LIMITED • 營業額增長約10.8%，達到約人民幣12,287百萬元（二零二四年同期：約人民幣 11,090百萬元）。 • 毛利率約28.3%（二零二四年同期：約28.5%）。 • 本公司擁有人應佔溢利增長約19.5%，為約人民幣1,277百萬元（二零二四年同期： 約人民幣1,068百萬元）。 • 每股基本盈利約人民幣1.120元（二零二四年同期：約人民幣0.928元）。 簡明綜合損益及其他全面收益表 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） 截至二零二五年六月三十日止 ...

Group 1 - Automotive parts stocks saw significant gains, with Minth Group rising 7.11% to HKD 34.64, Nexperia up 6.16% to HKD 6.89, and Delta Electronics increasing 5.27% to HKD 28.74 [1] - A report from China Merchants Securities highlights a noticeable off-season in the car market for July, attributed to sales overreach in June and temporary subsidy interruptions in some regions. However, a new batch of national subsidies amounting to 68 billion is expected to boost the market towards the end of August [1] - The upcoming World Robot Conference is anticipated to act as a catalyst for the robotics industry and related sectors, with a focus on companies that have significant product deliveries and ongoing order fulfillment [1] Group 2 - According to Minsheng Securities, BYD's entire model lineup will feature advanced driving capabilities, with models priced around 200,000 expected to be a major growth area for advanced driving technology. The year 2025 is projected to be a turning point for equal access to intelligent driving [1] - Tesla's Full Self-Driving (FSD) has surpassed 3 billion miles in cumulative mileage, with version 13 achieving parking-to-parking functionality. The rapid growth of Tesla's AI computing power is providing strong support for model training [1] - There is optimism regarding the growth potential in the intelligent driving domain, cockpit domain control, and steer-by-wire chassis sectors [1]

Group 1 - Automotive parts stocks saw significant gains, with Minth Group rising 7.11% to HKD 34.64, Nexperia up 6.16% to HKD 6.89, and Delta Electronics increasing 5.27% to HKD 28.74 [1] - According to a report from China Merchants Securities Hong Kong, July showed clear signs of a seasonal downturn in the automotive market, influenced by sales overreach in June and temporary subsidy interruptions in some regions [1] - The central government has allocated an additional 68 billion yuan in subsidies, which is expected to help the market recover towards the end of August, transitioning into a peak season [1] Group 2 - Minsheng Securities highlighted that BYD's entire model lineup will feature advanced driving capabilities, with models priced around 200,000 yuan expected to be a major growth area for advanced driving technology [1] - Tesla's Full Self-Driving (FSD) has accumulated over 30 billion miles, with the V13 version achieving parking-to-parking functionality, indicating rapid growth in AI computing power for model training [1] - The potential for growth in domains such as intelligent driving domain control, cockpit domain control, and drive-by-wire chassis is viewed positively [1]

Group 1 - Automotive parts stocks saw significant gains, with Minth Group rising 7.11% to HKD 34.64, Nexperia up 6.16% to HKD 6.89, and Delta Electronics increasing 5.27% to HKD 28.74 [1] - The China Passenger Car Association reported a clear seasonal downturn in the car market for July, influenced by sales overreach in June and temporary subsidy interruptions in some regions [1] - The central government has allocated an additional RMB 68 billion in subsidies, which is expected to help the market recover and transition towards peak season by late August [1] Group 2 - Domestic market trends indicate that all BYD models will feature advanced driving capabilities, with models priced around RMB 200,000 expected to be a major growth area for high-level driving assistance [1] - Tesla's Full Self-Driving (FSD) has surpassed 3 billion miles in cumulative mileage, with the V13 version achieving parking-to-parking functionality, indicating rapid growth in AI computing power for model training [1] - The industry outlook is positive for domains such as intelligent driving domain control, cockpit domain control, and steer-by-wire chassis, which are expected to see significant growth potential [1]

格隆汇8月15日丨敏实集团(00425.HK)公布，谨定于2025年8月27日(星期三)举行董事会会议，以(其中包 括)审议批准公司及其附属公司截至2025年6月30日止六个月的中期业绩以作刊发之用及其他任何事务。 ...

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 董事會會議通知 本公告乃依據《香港聯合交易所有限公司證券上市規則》第13.43條的披露義務而作出。 敏實集團有限公司（「本公司」）董事（「董事」）會（「董事會」）玆通告謹定於 二零二五年八月二十七日（星期三）舉行董事會會議，以（其中包括）審議批准本公 司及其附屬公司截至二零二五年六月三十日止六個月之中期業績以作刊發之用及其他 任何事務。 承董事會命 敏實集團有限公司 魏清蓮 主席 香港，二零二五年八月十五日 截至本公告日期，董事會成員包括：執行董事魏清蓮女士、葉國強先生、張玉霞女士 及 William Chin 先生，非執行董事秦千雅女士，獨立非執行董事莫貴標先生、佐古達信 先生、孟立秋教授、陳栢鴻先生及胡定吾先生。 -1- （於 開曼 群 島註 冊成 立的 有 限公 司 ） (股 份 代 號：425) ...

Investment Rating - The report assigns a "BUY" rating for the company, indicating a potential upside in the stock price [6][11]. Core Insights - The company is a global automotive parts supplier, ranked 70th among the top automotive parts companies worldwide, with partnerships with major clients such as Stellantis, Daimler, Volkswagen, Tesla, BYD, and Geely. The company is expected to benefit from its global presence and strong supply chain management [7]. - The traditional business segments (plastic parts, aluminum parts, and metal trims) provide stable cash flow, while the battery box business is projected to grow over 30% this year. The company is also entering emerging industries such as humanoid robots and low-altitude economy sectors, which could further expand its growth potential [7][8]. - The company’s revenue is expected to reach 23.1 billion RMB in 2024, with a projected net profit of 2.74 billion RMB in 2025, reflecting year-over-year growth rates of 18%, 17%, and 15% for the following years [8][10]. Summary by Sections Company Overview - The company operates in the automotive industry, with a current stock price of HKD 25.96 and a market capitalization of 17.844 billion HKD. The stock has seen a significant increase of 145.01% over the past year [3][4]. Financial Performance - The company’s revenue is projected to grow from 20.524 billion RMB in 2023 to 34.104 billion RMB in 2027, with a gross profit margin of 28.94% expected in 2024, an increase of 1.7 percentage points year-over-year [10][12]. - The net profit is forecasted to increase from 1.903 billion RMB in 2023 to 3.692 billion RMB in 2027, with corresponding EPS growth from 1.654 RMB to 3.205 RMB over the same period [10][12]. Emerging Business Segments - The company is actively developing humanoid robots and low-altitude flying vehicles, with strategic partnerships established for component development. The humanoid robot market is expected to reach 21 billion RMB by 2030, with the company aiming for over 10% market share [7][8].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 敏實集團有限公司 呈交日期: 2025年8月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00425 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法定/註冊股本總額 ...