Mint Enters into OEM Supply and License Agreement with Ireland-based Centridex to Expand into Europe
An initial order package worth approximately €450,000 is agreed within a programme with approximately €3 million in total potential value.
Sentiment and the balance of points
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Rhea-AI Summary
Mint (NASDAQ: MIMI) announced that its majority-owned subsidiary Axonex Robotics signed a supply and licensing agreement with Ireland-based Centridex.
The two-year original equipment manufacturer programme runs from October 1, 2026 to September 30, 2028, with a total potential value of approximately €3 million. An agreed initial order package worth approximately €450,000 covers robot kits, platform licensing and related services. Axonex will supply kits and technology, while Centridex will assemble, test and resell finished robots in Ireland and selected markets. The agreement is non-exclusive, with future purchase orders and commercial schedules to be implemented under its framework. Mint intends the collaboration to support expansion into Europe.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointInitial order package of approximately €450,000 covers robot kits, platform licensing and related services.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Two-year Centridex programme has total potential value of approximately €3 million, October 1, 2026–September 30, 2028.
- Minor point. Forward-looking: it has not happened yet and may not happen.European expansion plan uses Centridex for local assembly and resale of Axonex robots.
Negative
- Minor pointFuture purchase orders and commercial schedules remain to be implemented under the agreement framework.
Details
Market move: MIMI +5.98% vs previous close. Europe OEM partnership
On Oct 7, the day this news came out, the latest delayed price for MIMI is 5.98% above the previous close. Argus tracked a peak move of +14.5% during the session. Argus tracked a trough of -7.7% from its starting point during tracking. Our momentum scanner has recorded 20 alerts for this stock so far that day. The latest delayed price is $0.90. Relative volume is exceptionally heavy at 89.8x the average.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Potential programme value
- approximately €3 million
- Total potential value over the OEM programme
- Initial order package
- approximately €450,000
- Robot kits and platform licensing under the programme
- Programme term
- 2 years
- OEM programme
Key Terms
oem technical
firmware technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hong Kong, Oct. 07, 2026 (GLOBE NEWSWIRE) -- 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 as its primary growth engine, today announced that Axonex Robotics Limited ("Axonex"), its majority-owned subsidiary, has entered into an OEM Supply and License Agreement (the "Agreement") with Centridex Limited ("Centridex"), a company incorporated in Ireland. Under the two-year Original Equipment Manufacturer (“OEM”) programme, which has a total potential value of approximately
The Agreement reflects the Group's strategy of expanding its international footprint by supplying its robot kits and platform to overseas markets. Under the programme, from October 1, 2026 to September 30, 2028, the Group will design, manufacture and ship kits of parts, sub-assemblies, firmware and documentation for four product categories: the M3 robot kit, the Sumo cleaning robot kit, the Nex-class half-humanoid robot kit and the R-300 educational robot kit. Centridex will receive the kits in Ireland, assemble, test and resell the finished robots to its customers. The Group will also license its software and platform to Centridex and develop a Centridex-branded platform derived from the Group's current robot model. The collaboration is intended to serve as a gateway for Axonex's robotics solutions into Europe, leveraging local assembly and distribution capabilities to support future market expansion across the region.
As part of the Agreement, the parties have agreed an initial order for package valued at approximately
Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint, stated: “This Agreement marks an important milestone in our international growth strategy and reflects the increasing demand for scalable robotics solutions beyond Asia. Through local assembly and distribution in Ireland, we believe the programme could establish a foundation for broader access to European customers. Working with Centridex as our local assembler and reseller, we aim for it to become a sales channel for Axonex technology in Europe, bringing a broader range of robotics solutions, including educational robots, cleaning robots and our flagship Nex-class semi-humanoid robot, to customers across Europe. We look forward to working closely with Centridex to commence implementation of the programme and deliver the first shipment of kits, laying the groundwork for the next stage of Axonex's international growth.”
Mr. Milan Urbanczyk, Managing Director of Centridex, added: “We are pleased to sign this Agreement with Axonex. The programme will allow us to broaden our product portfolio with robots assembled in Ireland from Axonex kits, and we are confident these robots will appeal to our customers. We look forward to implementing the programme and building a lasting relationship with Axonex.”
The Agreement is non-exclusive and establishes the framework governing the OEM supply, platform licensing and Ireland-based assembly arrangement. Future purchase orders, product specifications and commercial schedules will be implemented in accordance with the Agreement.
- End-
About Mint Incorporation Limited
Mint Incorporation Limited (NASDAQ: MIMI) is a Hong Kong-based company listed on NASDAQ, strategically focused on artificial intelligence (AI), robotics, and interior design. Through its wholly-owned subsidiary Axonex AI Limited (Axonex AI), and through its majority-owned subsidiary Axonex Robotics Limited (Axonex Robotics), Mint delivers comprehensive intelligent automation solutions. Axonex AI specializes in smart facility management, integrating robotics, IoT, physical AI solutions such as humanoid robots and AI-powered analytics to provide real-time monitoring and predictive insights. In addition, through Matter International Limited, the Group provides professional interior design and fit-out services. Anchored by innovation and practical application, Mint is committed to enhancing efficiency, safety, and quality of life across industries.
About Centridex Limited
Centridex Limited is a technology trading company incorporated in Ireland and headquartered in Dublin. The company sources technology products from suppliers worldwide, including robotics and smart platforms, and supplies them to customers internationally.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”).
| Media Enquiries | ||
| Strategic Financial Relations Limited | ||
| Vicky Lee | Tel: (852) 2864 4834 | E-mail: vicky.lee@sprg.com.hk |
| Rachel Ko | Tel: (852) 2114 2370 | E-mail: rachel.ko@sprg.com.hk |
| Cherrie Man | Tel: (852) 2864 4846 | E-mail: cherrie.man@sprg.com.hk |
| Mint Incorporation Limited | ||
| Investor and Media Relations | [info@mimintinc.com] | [http://www.mimintinc.com/ ] |
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