Movement Alert|Minth Group Falls 5.42% in Regular Trading, Auto Parts Sector Broadly Under Pressure

Market Focus06-26

On June 26, Minth Group fell 5.42% in regular trading, trading at 26.12 HKD/share, with turnover of approximately HKD 170 million.

The decline came amid broad-based selling pressure across the auto parts and equipment sector. Within the industry, Johnson Electric Holdings dropped 10.46%, Hesai fell 4.62%, and CALB declined 4.32%, reflecting widespread weakness. The sector has been weighed down by intensifying competition driven by rapid advances in intelligent driving and smart connectivity technologies, alongside rising raw material costs that have pressured margins for auto parts companies in recent quarters.

On the fundamental side, multiple brokerages maintain bullish views on Minth Group. UBS recently raised its target price to HKD 48, citing progress in robotics and liquid cooling businesses. The company reported full-year revenue of RMB 25.74 billion for fiscal 2025, up 11.2% year-over-year, with net profit growing 16.1% to RMB 2.69 billion. Management has guided for double-digit revenue and profit growth in fiscal 2026, supported by battery box business expansion and emerging segments including humanoid robotics and AI liquid cooling.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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