Mint subsidiary signs cooperation framework with Vengine

HONG KONG - Mint Incorporation Limited, a prominent AI and robotics company, has announced a new non-exclusive Framework Cooperation Agreement with Vengine Limited. The agreement, signed by Rice Robotics (Hong Kong) Limited, a subsidiary of Mint's majority-owned subsidiary Rice Robotics AGI Holding Limited, does not bind either party to any transactions.

Vengine, a venture builder for robotics and embodied intelligence, will leverage its extensive network to identify manufacturing partners and potential customers for Rice Robotics' product lines. The agreement opens the door for Mint to expand its market reach in Asia, particularly in Japan where Rice Robotics has an established customer base.

No specific terms have been set, and there is no guarantee that any cooperation will materialize. The agreement is a step towards Mint's broader strategy of leveraging strategic partnerships to enhance its product development, manufacturing support, and distribution capabilities.