Core Viewpoint - Minth Group (00425) has announced the establishment of a joint venture with Aisin Seiki Co., Ltd. and Toyota Tsusho Corporation to produce aluminum body frame components for vehicles, aimed at strengthening the supply chain in the North American market [1] Group 1: Joint Venture Details - The joint venture is expected to be named ATM Automotive, with ownership stakes of 40% held by Minth Group, 40% by Aisin Seiki, and 20% by Toyota Tsusho [1] - The board of directors for ATM Automotive will consist of five members, with Minth Group and Aisin Seiki each nominating two directors and Toyota Tsusho nominating one [1] - The CEO, COO, and CFO of the joint venture will be nominated by Toyota Tsusho, Minth Group, and Aisin Seiki, respectively [1] Group 2: Market Context and Demand - The joint venture will focus on producing aluminum body frame components in North America, leveraging the partners' advancements in aluminum forming technology [1] - There is an anticipated steady growth in demand for aluminum body frame components due to the development of electrification and lightweight technologies [1] - Establishing the joint venture is significant for meeting market and customer expectations and ensuring the sustainability of product supply [1]

Core Viewpoint - The establishment of a joint venture, ATM Automotive, between Minth Group, Aisin Seiki, and Toyota Tsusho aims to enhance the supply chain for aluminum body frame components in the North American automotive market [1] Group 1: Joint Venture Details - The joint venture will be owned by Minth Group (40%), Aisin Seiki (40%), and Toyota Tsusho (20%) [1] - The board of directors for ATM Automotive will consist of five members, with Minth Group and Aisin Seiki each nominating two directors and Toyota Tsusho nominating one [1] - The CEO, COO, and CFO of the joint venture will be nominated by Toyota Tsusho, Minth Group, and Aisin Seiki, respectively [1] Group 2: Market Context and Demand - The joint venture will focus on producing aluminum body frame components in North America, leveraging the partners' advancements in aluminum forming technology [1] - The demand for aluminum body frame components is expected to grow steadily due to the development of electrification and lightweight technologies [1] - Establishing the joint venture is significant for meeting market and customer expectations and ensuring the sustainability of product supply [1]

Core Viewpoint - The establishment of a joint venture, ATM Automotive, between Minth Group, Aisin Seiki, and Toyota Tsusho aims to enhance the supply chain for aluminum vehicle body frame components in the North American market [1] Group 1: Joint Venture Details - The joint venture will be owned by Minth Group (40%), Aisin Seiki (40%), and Toyota Tsusho (20%) [1] - The board of directors for ATM Automotive will consist of five members, with Minth Group and Aisin Seiki each nominating two directors and Toyota Tsusho nominating one [1] - The CEO, COO, and CFO of the joint venture will be nominated by Toyota Tsusho, Minth Group, and Aisin Seiki, respectively [1] Group 2: Market Context and Demand - The joint venture is positioned to produce aluminum vehicle body frame components, responding to the growing demand driven by advancements in electrification and lightweight technology [1] - The collaboration is significant for meeting market and customer expectations while ensuring the sustainability of product supply [1]