Mint Incorporation Limited (("Mint" or the "Company", together with its subsidiaries, the "Group", NASDAQ:MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that Rice Robotics (Hong Kong) Limited ("Rice Robotics Hong Kong"), a subsidiary of Rice Robotics AGI Holding Limited, an majority owned subsidiary of the Company, has entered into a non-exclusive Framework Cooperation Agreement (the "Agreement") with Vengine Limited ("Vengine"), a Hong Kong-based venture building platform with deep manufacturing resources and supply chain networks in the robotics and embodied intelligence sector.
The Agreement establishes a non-binding framework for Rice Robotics Hong Kong and Vengine to explore potential cooperation across the following areas: product development support, manufacturing support, and distribution support and channel recommendation. Under the manufacturing pillar, Vengine may leverage its network to identify and facilitate introductions to manufacturers capable of supporting mass production of Rice Robotics' existing and new product lines. Vengine may also utilize its channel resources to recommend potential customers and channel partners, and to assist Rice Robotics Hong Kong in expanding into domestic and international markets.
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