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Mingteng International Expands Ongoing Strategic Collaboration with Leading NEV Top Tier Supplier in China to Support Sustainable Development

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WUXI, China, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (the “Company...

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AI Summary

MTEN deepens collaboration in China’s NEV sector with a key supplier. Client ranks top in NEV heavy-duty truck motor systems for three years. MTEN develops lightweight molds supporting green automotive transformations. CEO emphasizes innovation-driven collaboration for long-term growth. Focus on new energy technologies reshapes automotive value creation.

Sentiment Rationale

The deepening collaboration signifies strong future demand, improving MTEN's market positioning, similar to past growth witnessed when they engaged in significant partnerships in the electric vehicle sector.

Trading Thesis

The sustained focus on NEV technologies and market share growth suggests long-term strategic benefits, echoing patterns seen across similar automotive segments over several years.

Market-Moving

  • MTEN deepens collaboration in China’s NEV sector with a key supplier.
  • Client ranks top in NEV heavy-duty truck motor systems for three years.
  • MTEN develops lightweight molds supporting green automotive transformations.

Key Facts

  • MTEN deepens collaboration in China’s NEV sector with a key supplier.
  • Client ranks top in NEV heavy-duty truck motor systems for three years.
  • MTEN develops lightweight molds supporting green automotive transformations.
  • CEO emphasizes innovation-driven collaboration for long-term growth.
  • Focus on new energy technologies reshapes automotive value creation.

Companies Mentioned

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

Corporate Developments

The article highlights key strategic developments likely to enhance MTEN's competitiveness and attract investors, particularly in the growing NEV market.

Mingteng International Enhances Collaboration with Leading NEV Supplier

WUXI, China, Jan. 12, 2026 (GLOBE NEWSWIRE) – Mingteng International Corporation Inc. (Nasdaq: MTEN), an automotive mold developer and supplier based in China, has announced a significant expansion of its ongoing collaboration with a top-tier supplier in the new energy vehicle (NEV) sector. This collaboration aims to reinforce Mingteng International’s commitment to advancing sustainable energy technologies within the automotive market.

Client Overview and Market Position

The Company’s partner in this collaboration, referred to as the Client, specializes in producing essential components for electric powertrain systems. Their product range includes:

  • Drive assemblies
  • Electric drive axles
  • Electric motors
  • Transmission systems

According to Kerui Consulting, the Client has maintained a top market share position in motor systems for NEV heavy-duty trucks for three consecutive years, from 2022 to 2024. This Client has also secured stable, long-term partnerships with prominent commercial vehicle manufacturers throughout China.

Mingteng’s Role in Sustainable Development

With an increasing reliance on aluminum alloy materials in electric drive and transmission systems, Mingteng International is well-positioned to support its clients through expert mold development and product manufacturing. The Company’s proficiency in complex mold design and precision production is vital in delivering lightweight components that enhance efficiency and support the automotive sector's green transformation.

Mr. Yingkai Xu, Chairman and CEO of Mingteng International, stated, “New energy technologies are reshaping the automotive industry and redefining value across the supply chain. By enhancing our cooperation with leading NEV suppliers, we are focusing on critical powertrain applications and assisting our clients in broadening their new energy product lines. We believe innovation-driven collaboration will significantly contribute to sustainable development and solidify Mingteng International’s position for long-term growth.”

Company Profile

Mingteng International Corporation Inc. is dedicated to automotive molding solutions, providing comprehensive and tailored mold services which cover:

  • Mold design and development
  • Mold production
  • Assembly and testing
  • Repair and after-sales service

Located in Wuxi, China, the Company is working towards establishing systematic solutions for automotive mold services, aiming to deliver personalized and integrated "Turnkey Projects" to its clients. Mingteng’s primary products include:

  • Casting molds for turbocharger systems
  • Braking systems and steering differential systems
  • Molds for new energy electric vehicle motor drive systems
  • Battery pack systems
  • Engineering hydraulic components

Forward-Looking Statements

Several statements in this announcement are forward-looking and contain known and unknown risks and uncertainties. These statements are based on the Company's current expectations regarding potential future events that may influence its financial condition and operational results. Investors are advised to consider factors that could cause actual results to differ materially and to consult the risk factors outlined in the Company’s filings with the U.S. Securities and Exchange Commission.

Contact Information

For further inquiries, investors and media can reach out to:

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