Research analysts covering Mingteng International Corp.
Recent press releases and 8-K filings for MTEN.
Mingteng International announces 1-for-200 reverse stock split
MTEN
Delisting/Listing Issues
Proxy Vote Outcomes
- Mingteng International Corporation Inc. (MTEN) announced a 1-for-200 reverse stock split.
- The reverse stock split will be effective January 26, 2026, with post-split trading of its Class A ordinary shares on the Nasdaq Capital Market under the existing symbol "MTEN" and a new CUSIP number G6S85D117.
- This action will reduce the outstanding Class A ordinary shares from approximately 242,334,931 to approximately 1,211,675 and Class B ordinary shares from approximately 2,091,000 to approximately 10,455.
- Any fractional shares that would result from the split will be rounded up to the next whole number.
Jan 22, 2026, 12:40 PM
Mingteng International Announces 1-for-200 Reverse Stock Split
MTEN
Delisting/Listing Issues
- Mingteng International Corporation Inc. (MTEN) will effect a 1-for-200 reverse stock split of its ordinary shares.
- The Company's Class A ordinary shares will begin trading on a post-split basis on January 26, 2026, under the symbol "MTEN" with a new CUSIP number G6S85D117.
- The reverse stock split, approved by shareholders and the board, will reduce outstanding Class A ordinary shares from approximately 242,334,931 to 1,211,675 and Class B ordinary shares from approximately 2,091,000 to 10,455.
- Fractional shares will be rounded up, and the par value of post-split ordinary shares will change to US$0.002 per share.
Jan 22, 2026, 12:30 PM
Mingteng International Completes Capacity Upgrade
MTEN
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Mingteng International Corporation Inc. completed its relocation to a newly-built production facility in December 2025.
- This strategic move is targeting a 50% increase in mold production capacity.
- The new facility offers twice the floor area of the former one and includes comprehensive equipment upgrades, such as high-precision Computer Numerical Control (CNC) machining centers.
- The capacity upgrade is expected to positively impact both the company's market and financial performance metrics.
Jan 14, 2026, 9:30 PM
Mingteng International Completes Relocation to New Production Facility
MTEN
New Projects/Investments
Revenue Acceleration/Inflection
- Mingteng International Corporation Inc. completed the relocation to a newly-built production facility in December 2025.
- This strategic relocation is targeting to increase the Company's mold production capacity by 50%.
- The new facility, which has twice the floor area of the former one, includes comprehensive upgrades to manufacturing equipment, enhancing the ability to produce large and complex die-casting molds.
- The company anticipates that this capacity upgrade will positively impact both its market and financial performance metrics.
Jan 14, 2026, 2:00 PM
Mingteng International Expands Collaboration with Leading NEV Supplier
MTEN
New Projects/Investments
- Mingteng International Corporation Inc. (MTEN) has announced the deepening of its ongoing collaboration with a leading top-tier supplier in China's new energy vehicle (NEV) sector.
- The collaborating client has ranked among the top in market share for motor systems used in NEV heavy-duty trucks for three consecutive years from 2022 to 2024.
- Mingteng International supports this collaboration by providing expertise in mold development and product manufacturing for lightweight components, specifically for electric drive systems and transmission systems, contributing to improved efficiency and green transformation in the automotive industry.
- The Company's Chairman and CEO, Mr. Yingkai Xu, highlighted that this collaboration strengthens Mingteng's role in critical powertrain applications and positions the company for long-term growth by advancing sustainable development.
Jan 13, 2026, 11:30 AM
Mingteng International Corp Inc. Enters At-The-Market Sales Agreement
MTEN
New Projects/Investments
- Mingteng International Corporation Inc. entered into an at-the-market sales agreement with AC Sunshine Securities LLC on December 4, 2025.
- The agreement allows the company to offer and sell up to $100,000,000 of Class A ordinary shares through AC Sunshine Securities LLC, acting as agent or principal.
- The net proceeds from these sales are designated for general corporate purposes, including business diversification, development initiatives, and capital expenditures.
- AC Sunshine Securities LLC will receive a compensation of 3.5% of the aggregate gross proceeds from each sale.
- The sales agreement is set to automatically terminate by November 21, 2026, or upon the issuance and sale of all shares, whichever occurs first.
Dec 8, 2025, 9:30 PM
Mingteng International Corp Inc. Completes Private Placement of Class A Ordinary Shares
MTEN
- Mingteng International Corporation Inc. entered into securities purchase agreements on November 12, 2025, for the issuance and sale of 15,000,000 Class A ordinary shares.
- The shares were sold at a price of $1.00 per share, generating a total purchase price of $15,000,000.
- The company received the purchase price on November 12, 2025, and issued the shares on November 14, 2025, through a private placement exempt from registration requirements.
Nov 14, 2025, 9:30 PM
Mingteng International Announces First Half 2025 Financial Results
MTEN
Earnings
Demand Weakening
New Projects/Investments
- Mingteng International Corporation Inc. reported total revenue of $5.26 million for the first half of fiscal year 2025, an increase of 13.2% compared to the same period last year.
- The company experienced a net loss of $1.36 million and basic and diluted losses per share of $0.20 for the first half of fiscal year 2025.
- Gross profit for the first half of fiscal year 2025 was $1.47 million, a decrease of 11.1% from the prior year, with the gross margin at 27.9%.
- Revenue from machining services increased by 39.1%, and research and development (R&D) spending rose by 42.1% in the first half of fiscal year 2025.
Oct 1, 2025, 11:00 AM
Mingteng International Reports Increased Net Loss in Q2 2025
MTEN
Earnings
New Projects/Investments
- Mingteng International reported a net loss of $(1,356,773) for the six months ended June 30, 2025, significantly higher than the net loss of $(265,842) for the same period in 2024, primarily due to a $1,356,618 other-than-temporary impairment on long-term investments.
- For the six months ended June 30, 2025, revenue increased by 13.2% to $5,261,469 compared to the same period in 2024, but gross profit decreased by $183,368 to $1,468,420 as the cost of revenues rose by 26.7%.
- The company's total shareholders' equity decreased to $7,127,162 as of June 30, 2025, from $8,453,631 as of December 31, 2024.
- On August 12, 2025, the board of directors approved the re-designation of ordinary shares into Class A and Class B shares, with Class A shares carrying one vote and Class B shares carrying twenty votes.
Sep 30, 2025, 8:06 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more