HK Stock Market Move | MINTH GROUP (00425) rises by over 5% again. The company's business has expanded to include Siasun Robot & Automation's supply chain. Institutions say it may resume dividends.

MINTH GROUP (00425) rose more than 5% again, as of the time of writing, it rose 4.17% to HK$23.75, with a turnover of HK$167 million. CMSC released a research report stating that, according to the company's management, the company has already started to lay out new business tracks. In the humanoid Siasun Robot & Automation sector, the company has entered the humanoid Siasun Robot & Automation industry chain, making breakthroughs in structural components, joints, intelligent skin, masks, and other businesses. There are already 60-70 sets of limb structural components sampled, joints are in the sampling stage, and intelligent surface electromechanical skin is in the scheme development stage. As for low-altitude VTOL (vertical take-off and landing) aircraft products, the products include fuselage and cabin door systems, and have multiple customers with high value. Guosen Securities International pointed out that MINTH GROUP has historically maintained a dividend payout ratio of 40% for most of the time. In 2023, the company did not pay dividends due to high capital expenditures and high interest-bearing debt ratio. In 2024, the company shifted from expansion phase to harvest phase, reduced capital expenditures, improved cash flow, repurchased stocks, and is expected to resume dividend payouts.