Minth Group Limited (Stock Code: 425) has announced the grant of 2,400,000 existing shares to 139 employees as part of its Share Award Scheme, representing approximately 0.21% of the total issued shares on the grant date of 24 October 2025. The shares were acquired off the market and come at no purchase cost to grantees.

According to the announcement, these awards will vest in three tranches: 30% on 26 October 2026, another 30% on 26 October 2027, and the remaining 40% on 26 October 2028, subject to performance targets and preset vesting conditions. The closing price of the company’s shares stood at HK$31.82 on the grant date.

A central part of Minth’s rationale for the awards is to recognize employee contributions and incentivize talent retention, particularly in emerging business areas such as humanoid robots, eVTOL, and AI server liquid cooling systems. The company aims to strengthen its workforce and maintain competitiveness in newly explored sectors including AI, robotics, low-altitude economy, and intelligent mobility.

As per the announcement, no new shares will be issued for this round of awards, and the vesting shares will be transferred directly from those held in trust. The group confirms that the arrangement will not dilute existing shareholdings. The Share Award Scheme was originally adopted prior to the latest Listing Rule requirements; therefore, any awards continue to be satisfied using existing shares until relevant scheme amendments take place.

Minth Group is primarily engaged in research and development, production, and sales of auto parts, as well as toolings and moulds, with a global footprint that includes China, the US, Mexico, Europe, and Asia. Management believes that this share grant aligns with the group’s goal of motivating key employees to support its ongoing expansion and long-term growth objectives.