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Mingteng International Completes Capacity Upgrade, Targeting 50% Increase in Mold Production Capacity

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WUXI, China, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (the “Company...

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AI Summary

MTEN relocated to a larger facility, increasing capacity by 50%. New equipment enhances production for high-precision die-casting molds. Modernized facility improves corporate image, attracting talent and partnerships. Strategic growth aimed at fulfilling rising market demand and enhancing competitiveness. Leadership emphasizes long-term development and innovation-driven strategies.

Sentiment Rationale

The substantial capacity increase and modernization are likely to enhance market performance and financial results, reminiscent of previous successes seen in similar industry expansions that led to immediate stock price increases.

Trading Thesis

The strategic relocation positions MTEN for sustained growth, likely benefitting from increased demand over several years, akin to previous industry trends where capacity improvements led to market share gains.

Market-Moving

  • MTEN relocated to a larger facility, increasing capacity by 50%.
  • New equipment enhances production for high-precision die-casting molds.
  • Modernized facility improves corporate image, attracting talent and partnerships.

Key Facts

  • MTEN relocated to a larger facility, increasing capacity by 50%.
  • New equipment enhances production for high-precision die-casting molds.
  • Modernized facility improves corporate image, attracting talent and partnerships.
  • Strategic growth aimed at fulfilling rising market demand and enhancing competitiveness.
  • Leadership emphasizes long-term development and innovation-driven strategies.

Companies Mentioned

  • TSLA (TSLA)
  • GM (GM)
  • F (F)
  • NIO (NIO)
  • BYD (BYD)

Corporate Developments

The article discusses significant developments in capacity expansion and operational upgrades, which are direct factors influencing MTEN’s growth potential and market positioning.

Mingteng International (Nasdaq: MTEN) Completes Major Capacity Upgrade

WUXI, China, Jan. 14, 2026 (GLOBE NEWSWIRE) — Mingteng International Corporation Inc. (Nasdaq: MTEN), an automotive mold developer and supplier, has successfully relocated to a new production facility, officially completed in December 2025. This strategic move is poised to enhance the Company's mold production capacity by50%, positioning it for robust growth in response to increasing market demand.

Significant Expansion of Production Capacity

As part of its ongoing efforts to scale operations, Mingteng International recognized that the previous production capacity was inadequate for anticipated market expansion. The newly designed production workshop doubles the floor area of the former facility, creating ample space for future production lines and facilitating a more efficient production layout.

This capacity upgrade is expected to have a substantial impact on Mingteng International's financial performance, contributing positively to both market metrics and operational efficiency.

Advanced Equipment Deployment

The new facility is equipped with state-of-the-art manufacturing technology. Key upgrades include:

  • High-precision Computer Numerical Control (CNC) machining centers
  • A 50-ton overhead crane for improved handling
  • Large-tonnage clamping systems for die-casting molds
  • Advanced electrical discharge machining and wire-cutting equipment

These enhancements will significantly boost Mingteng International's capability to manufacture complex die-casting molds, a crucial requirement to meet customer demand for high-quality, large-tonnage products.

Corporate Image and Talent Attraction

The new factory's modern design and efficient layout not only elevate Mingteng International's corporate image but also improve the working environment for employees. This transformation plays a vital role in attracting top technical and management talent, a critical factor in maintaining competitive advantage in the automotive industry.

Chairman and CEO Mr. Yingkai Xu stated, “This relocation of our production base is a pivotal milestone in our mid- to long-term development strategy. It resolves previous capacity constraints and injects momentum into our growth through intelligent manufacturing upgrades.”

Future Prospects and Commitment to Innovation

Mingteng International is committed to an innovation-driven strategy and a quality-first philosophy. The upgrades at the new facility represent a commitment to harness advanced manufacturing capabilities and respond dynamically to market shifts.

“We are confident that Mingteng International is entering a new phase of high-quality development,” remarked Mr. Xu. “This transformation enhances our production capabilities, ensuring we deliver greater value to our customers and sustainable returns for our shareholders.”

About Mingteng International Corporation Inc.

Headquartered in Wuxi, China, Mingteng International Corporation Inc. specializes in automotive mold development and supply. The Company offers a wide range of services, from mold design and production to testing and after-sales support. Its primary products include molds for turbocharger systems, braking systems, and electric vehicle components, aiming to provide comprehensive “Turnkey Projects” for customers.

For further information, please visit the Company’s website.

Forward-Looking Statements

This announcement contains forward-looking statements that may involve risks and uncertainties. Actual results may differ materially from those anticipated. Investors are advised to read the risk factors contained in the Company’s reports filed with the U.S. Securities and Exchange Commission before making any investment decisions regarding Mingteng International (MTEN).

Investor and Media Contacts

For inquiries, please contact:

  • Mingteng International Corporation Inc.
    Investor Relations Department
    Email: ir@wxmtmj.cn
  • Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

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