Minth Group Partners with EHang to Advance Low-Altitude Aircraft Ventures

Minth Group ( (HK:0425) ) has issued an announcement.

Minth Group has announced two significant agreements with EHang to develop and operate low-altitude aircraft-related businesses. The Development Commission Service Agreement involves Minyi, a Minth subsidiary, designing and manufacturing aircraft parts for EHang. The Strategic Cooperation Agreement outlines a five-year partnership between Minth Automotive Tech and EHang to jointly develop airframe components, rotor systems, and transportation scenarios for low-altitude aircraft. This move positions Minth Group strategically within the rapidly growing low-altitude economy, which is expected to transform industrial landscapes and create new business models.

The most recent analyst rating on (HK:0425) stock is a Buy with a HK$39.50 price target. To see the full list of analyst forecasts on Minth Group stock, see the HK:0425 Stock Forecast page.

More about Minth Group

Minth Group is primarily engaged in the design, manufacturing, processing, development, and sales of automobile body parts and moulds for passenger cars. The company operates globally, with a presence in 14 countries, and has recently expanded into the low-altitude aircraft components sector.

Average Trading Volume: 5,534,707

Technical Sentiment Signal: Buy

Current Market Cap: HK$31.07B

Learn more about 0425 stock on TipRanks’ Stock Analysis page.