Minth Group posted revenue of RMB 13.41 billion for the six months ended 30 June 2026, up 9.1% year on year. Gross profit grew 10.6% to RMB 3.84 billion, lifting gross margin by 0.3 percentage point to 28.6%. Profit attributable to owners increased 12.3% to RMB 1.43 billion, translating into basic earnings per share of RMB 1.24.

By product line, Body Structure (which includes battery housings) contributed 33.7% of revenue at RMB 4.51 billion, followed by Plastic at RMB 3.23 billion, Metal & Trim at RMB 2.74 billion, Aluminum at RMB 2.40 billion and Other items at RMB 1.72 billion.

Regionally, EMEA remained the primary growth driver with revenue up 16.0% to RMB 4.94 billion, supported by strong European electric-vehicle demand and ramp-up of battery-housing deliveries. Americas expanded 8.5% to RMB 3.31 billion, Japan & Korea surged 48.8% to RMB 0.67 billion on new battery-housing programs, while China slipped 0.6% to RMB 4.28 billion amid softer domestic demand.

Operating cash inflow reached RMB 1.65 billion (prior-year period: RMB 2.24 billion). Cash, cash equivalents and pledged/time deposits totalled RMB 7.50 billion against total borrowings of RMB 8.95 billion, trimming the gearing ratio to 20.4% from 21.2% at year-end 2025. Capital expenditure rose to RMB 1.62 billion as the group expanded capacity in North America, Europe, Southeast Asia and Morocco. Research spending increased to RMB 820.87 million, representing 6.1% of revenue.

New business wins included battery-housing and chassis contracts from Toyota (Japan and Shanghai plants), Mercedes-Benz’s first bumper-beam order, and Hyundai-Kia’s best-selling European models, consolidating the company’s positioning in EV structural components. Smart-exterior orders advanced with illuminated grilles and bumper assemblies for Volkswagen and Hyundai-Kia, while sealing-system and quarter-window products gained share at Mercedes-Benz, Renault, BYD and Toyota.

The group reported its first-time MSCI ESG rating of “A” and continued to roll out digital initiatives such as SAP global deployment, industrial IoT integration and AI-enabled manufacturing analytics.

No interim dividend was declared. Management reiterated focus on global localisation, cost optimisation and expansion in high-growth areas including battery housings, lightweight composite structures, artificial-intelligence cooling systems and intelligent robotics.