Minth hits near 3-1/2-year high on low-altitude aircraft deal with EHang

EHang Holdings

23/07/2025 03:16

** Shares of Minth Group 0425.HK rise as much as 7% to HK$29.8, their highest since February 2022

** The automotive parts and moulds maker said it has entered into agreement with EHang Holdings' EH.O unit to jointly develop and operate low-altitude aircraft related business for a term of five years

** Minth says the strategic cooperation, including developing airframe components and rotor system for low-altitude aircraft, aims to build a comprehensive value chain collaboration system in low-altitude sector

** Hang Seng Commerce & Industry Index .HSNC gains 0.8%, benchmark Hang Seng Index .HSI adds 0.7%

** YTD, stock up 81.2%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))