MINTH GROUP (00425) announced its interim results for the six months ended June 30, 2025. The Group achieved revenue of RMB 12.287 billion, representing a year-on-year increase of 10.79%. Profit attributable to owners of the company reached RMB 1.277 billion, up 19.51% year-on-year, with basic earnings per share of RMB 1.12.
During the review period, the Group's four major product lines - plastic parts, aluminum parts, metal and trim components, and battery boxes - continued to maintain effective collaboration with cross-functional departments while optimizing order management mechanisms to further enhance operational efficiency. The Group continued to deepen its flexible production network of "hub + satellite" factories across global operating regions, implementing the GLOCAL (globalization + localization) business philosophy to establish parallel operating mechanisms combining global resource allocation with regional autonomous operations, achieving dual enhancement in global vision and localized cultivation.
During the review period, the Group further integrated multinational operating experience with localized practices, continuously optimizing regional supply chain systems. This not only consolidated global operating advantages but also formed unique competitive barriers in strategic positioning, technological innovation, product matrix, resource synergy, and talent development.
The Group continued to build systematic management processes for the full lifecycle of assets to achieve capacity layout most suitable for global operations. Combining changes in global trade policies with actual business development needs, the Group moderately expanded capacity while strictly controlling the rationality and effectiveness of related investments, thereby reducing unnecessary investments and continuously improving capital efficiency. Based on past new business acquisitions and future potential new order demands, the Group plans to orderly increase capital expenditure in North America, Europe, and Southeast Asia to accelerate business growth in these markets and further improve global localization layout. The funding for these investments is expected to primarily come from the Group's operating cash flows.
During the review period, the Group continued to deepen its excellence operating system, advancing lean management upgrades across the entire value chain and multi-dimensional cost reduction and efficiency improvement projects to create ultimate cost competitiveness and achieve steady improvement in profitability. The Group also continuously enhanced comprehensive product competitiveness through optimization of processes, manufacturing technology, and production models, strengthening comprehensive penetration among customers.
The Group maintained continuous communication and interaction with customers, gaining insights into customer needs from product, technology, and material innovation perspectives, committed to providing systematic optimal solutions for customers' fuel vehicle and new energy vehicle models. During the review period, the Group continued to focus on business expansion with Chinese brands and new carmaking forces, while leveraging the GLOCAL business philosophy and global layout advantages to actively support Chinese brands' overseas expansion strategies.
The Group actively pursued new business opportunities with international brands in global markets and secured multiple orders across different regions. With its diversified customer base, continuously innovative process technology platform, and expanding modular products, the Group further enhanced product added value.
During the review period, the Group's battery box product line revenue continued to maintain rapid growth, while traditional exterior trim products achieved steady growth. Combined with the expansion of sealing systems in new markets and cultivation of new track products such as low-altitude aircraft and humanoid robots, these developments will drive the Group's medium to long-term sustainable development.