UBS has released a research report highlighting that MINTH GROUP's progress in humanoid robotics and AI server liquid cooling has surpassed the bank's prior expectations. As a result, UBS raised its profit forecasts for 2026–2030 by 1% to 3% and increased its medium-term profit growth projection from 7% to 8%. The bank lifted its target price from HK$40.2 to HK$45.5 and maintained a "Buy" rating. MINTH has signed a framework agreement with Green Harmony to establish a joint venture in the United States, focusing on the design, manufacturing, and commercialization of joint modules for humanoid robots in North America. Under the agreement, MINTH's California-based subsidiary is expected to hold a 60% stake in the joint venture. MINTH believes that gradually localizing the supply of core components is crucial for the sustainable development of its humanoid robotics business in the North American market.