On the morning of February 9, 2026, MINTH Group made an announcement via the Hong Kong Stock Exchange, revealing that it had entered into a framework agreement with Lead Harmonic Drive. This agreement outlines the key terms for the proposed establishment of a joint venture in the United States. The primary focus of this joint venture will be on the design, production, and market expansion of humanoid robot joint module assemblies across North America. MINTH California and Lead Harmonic Drive are set to hold equity stakes of 60% and 40% in the joint venture, respectively. The total initial capital investment is estimated at USD 10 million, with both parties contributing funds in proportion to their respective shareholdings.
