Mint Incorporation (NASDAQ: MIMI) sets up HK$ 20M digital twin and drone JV
Rhea-AI Filing Summary
Mint Incorporation Limited, through its wholly owned subsidiary Axonex Intelligence, has entered into a material joint venture with Synergy Technology Group to form Axonex Automation Limited in Hong Kong. The new company will focus on commercializing digital twin and drone flight control technologies in Hong Kong and selected overseas markets.
Axonex will own 80% of the joint venture and Synergy will hold 20%. Axonex has committed up to HK$ 20,000,000 of funding, to be invested in stages over an expected 12–24-month period, tied to specific business, technical and regulatory milestones. Synergy will contribute technology, intellectual property and technical support, and may receive a profit-based bonus. Governance terms include board representation, shareholder consent rights, transfer restrictions and pre-emptive rights.
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Insights
Mint uses a joint venture to push deeper into AI robotics and drone tech.
Mint Incorporation Limited, via Axonex, is structuring its AI and robotics expansion through an 80/20 joint venture with Synergy Technology Group. Axonex commits up to
The arrangement leverages Synergy’s digital twin and drone flight control platforms while limiting Mint’s upfront cash exposure by linking funding to milestone achievement. Profit-sharing incentives for Synergy align partner interests with the joint venture’s net income performance, while governance terms centralize control with Mint through four of five board seats.
This structure gives Mint a capital-at-risk framework rather than a full acquisition, which can help manage execution risk in a fast-evolving technology niche. Future disclosures on milestone progress, revenue traction in infrastructure, utilities and smart city deployments, and actual drawdown of the committed capital will clarify the joint venture’s financial impact.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-42462
Mint Incorporation Limited
17/F, Wing Kwok Centre, No.182 Woosung Street
Jordan, Kowloon, Hong Kong
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Information Contained in this Form 6-K
Entry into A Material Definitive Agreement; Formation of Joint Venture
On March 2, 2026, Axonex Intelligence Limited (“Axonex”), a wholly-owned subsidiary of Mint Incorporation Limited, an exempted company with limited liability formed in the British Virgin Islands (the “Company”), entered into a joint venture agreement (the “JV Agreement”) with Synergy Technology Group Limited, a company organized under the laws of Hong Kong (“Synergy”) to establish a joint venture company to be named “Axonex Automation Limited” as a private limited company under the laws of Hong Kong (the “JV”). The JV will focus on the commercialization and overseas expansion of digital twin and drone flight control technologies.
Upon formation, the JV will be owned 80% by Axonex and 20% by Synergy. The board of the JV will consist of five directors, of whom four will be nominated by Axonex and one by Synergy. Pursuant to the JV Agreement, Axonex has committed to provide up to HKD 20,000,000 in funding, which may be contributed in stages subject to the achievement of certain development milestones and regulatory approvals. Synergy will contribute certain technology, intellectual property, and technical support relating to digital twin and drone flight control systems. The JV Agreement also provides for an incentive arrangement under which Synergy may receive a bonus based on a percentage of the JV’s annual net profit. The JV Agreement also contains customary provisions relating to governance of the JV, including shareholder consent rights for certain significant matters, transfer restrictions, and pre-emptive rights in connection with future issuances of shares of the JV.
On March 11, 2026, the Company issued a press release entitled “Axonex Intelligence and Synergy Technology Group Form Joint Venture to Accelerate Digital Twin and Drone Flight Control Expansion”. A copy of the press release is furnished herewith as Exhibit 99.1.
FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include the risks and uncertainties described in the Company’s annual report on Form 20-F for the year ended March 31, 2025, filed with the Commission on July 30, 2025, and the Company’s other filings with the Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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Exhibit Index
| Exhibit No. | Description | |
| 99.1 | Press Release, dated March 11, 2026 announcing the formation of joint venture |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| MINT INCORPORATION LIMITED | ||
| Date: March 11, 2026 | By: | /s/ Hoi Lung Chan |
| Name: | Hoi Lung Chan | |
| Title: | Chief Executive Officer and Chairman of the Board | |
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Exhibit 99.1
Axonex Intelligence and Synergy Technology Group Form Joint Venture to Accelerate Digital Twin and Drone Flight Control Expansion
(Hong Kong, 11 March 2026) — Mint Incorporation Limited (“Mint” or the “Group”, NASDAQ: MIMI), a Hong Kong-based company with a new strategic focus on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that its wholly-owned subsidiary, Axonex Intelligence Limited (“AXONEX”) has entered into a joint venture agreement (the “JV Agreement”) with Synergy Technology Group Limited (“STG”) to establish Axonex Automation Limited (“JV company”), a new Hong Kong-based joint venture company focused on commercializing advanced digital twin and drone flight control technologies in Hong Kong and selected overseas markets.
Under the JV Agreement, AXONEX will hold an 80% equity interest in Axonex Automation Limited, while STG will hold the remaining 20%. The joint venture will combine AXONEX’s operational resources and international business capabilities with STG’s proven technology in digital twins and drone flight control systems to drive scalable deployment in sectors such as infrastructure inspection, utilities, smart cities, and industrial operations.
AXONEX has committed to provide up to HK$ 20,000,000 of capital to the joint venture in stages, subject to the achievement of defined business and technical milestones set out in the agreement. The funding will be released through four tranches over an expected 12–24-month period.
STG will contribute technology, intellectual property, know-how, and ongoing technical support to the JV company, initially via a license of its core digital twin and drone flight control platforms, the “Zhishan No-Code Digital Twin Universal Platform and related drone inspection technologies” to Axonex Automation Limited.
Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint stated: “This joint venture creates a focused vehicle to bring next-generation digital twin and autonomous drone capabilities from concept to commercial reality across Hong Kong and key overseas markets.”
A representative of Synergy Technology Group Limited added: “Our collaboration with AXONEX will accelerate the real-world adoption of our digital twin and drone flight control technologies in critical infrastructure, smart city, and industrial applications, leveraging Hong Kong as a launchpad for global expansion.”
Axonex Intelligence and Synergy Technology Group Form Joint Venture to Accelerate Digital Twin and Drone Flight Control Expansion
11 March 2026
Photo Caption
Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint (Right) and Mr. Jiang Xiaotong, founder of STG (Left) signed the JV to establish Axonex Automation Limited focused on commercializing advanced digital twin and drone flight control technologies in Hong Kong and selected overseas markets.
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About Mint Incorporation Limited
Mint Incorporation Limited (NASDAQ: MIMI), a Hong-Kong based enterprise listed on NASDAQ, specializes in artificial intelligence (AI), robotics, and interior design. Through its subsidiary Axonex Intelligence Limited, the company delivers intelligent robotics and facility management solutions to enterprises, real estate, shopping centers, government agencies, and more. Mint also operates Matter International Limited, providing professional interior design and renovation services. With a focus on innovation and practical applications, Mint is committed to enhancing efficiency, safety, and quality of life across industries.
About Synergy Technology Group Limited
Synergy Technology Group Limited is a Hong Kong-based technology company specializing in advanced digital twin solutions and drone flight control systems, with applications across infrastructure monitoring, utilities, and smart city ecosystems. Founded by Jiang Xiaotong, an Associate Professor at Southeast University, Synergy Technology Group Limited operates under a license from Nanjing Zhishan Intelligent Technology Research Institute Co., Ltd (“南京止善智能科技研究院有限公司”) for the “Zhishan No-Code Digital Twin Universal Platform and related drone inspection technologies” (“止善零代码数字孪生通用平台”及”无人机巡检”).
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Forward-Looking Statements
Certain statements in this 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 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 |
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FAQ
What joint venture did Mint Incorporation Limited (MIMI) announce on its Form 6-K?
How will ownership of the new Axonex Automation Limited JV be structured for MIMI?
How much capital has Mint’s subsidiary committed to the joint venture with Synergy?
What does Synergy Technology Group contribute to Mint’s new joint venture?
Which markets and sectors will Mint’s Axonex Automation Limited target?
What incentive arrangement does Synergy receive in the Mint–Synergy joint venture?
Filing Exhibits & Attachments
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