Core Viewpoint - Minth Group has reached a framework agreement with Luyuan Harmony to establish a joint venture in the United States focused on humanoid robot joint module assembly design, manufacturing, and commercialization [1] Group 1: Joint Venture Details - The joint venture will be established in California, with Minth California Inc. being a wholly-owned subsidiary of Minth Group [1] - Minth Group and Luyuan Harmony are expected to hold 60% and 40% stakes in the joint venture, respectively [1] - The initial capital contribution for the joint venture is projected to be $10 million (approximately 78 million HKD), funded according to their respective ownership percentages [1] Group 2: Strategic Objectives - The partnership aims to accelerate market expansion in North America by leveraging Minth Group's global resources and Luyuan Harmony's technical expertise in the transmission field [1] - The collaboration is intended to deepen cooperation in the humanoid robot joint module sector, achieving industrial synergy and mutual benefits [1] - This initiative is expected to open new revenue streams for both companies [1]