Mingteng International Corporation Inc. · NASDAQ:MTEN
Mingteng International — IPO Roadshow (March 2024)
25 slides from Mingteng International's IPO roadshow presentation, Mar 22, 2024
Slide 1: Mingteng International Corporation Inc. Investor Presentation
Mingteng International Corporation Inc. Investor Presentation
Slide 2: Free Writing Prospectus Statement
Free Writing Prospectus Statement This free writing prospectus relates to the proposed initial public offering of ordinary shares (“Ordinary Shares”) of Mingteng International Corporation Inc . (“ we,” “us,” or “our”) and should be read together with the registration statement on the Form F - 1 , as
Slide 3: Forward-Looking Statement
Forward - Looking Statement This presentation contains forward - looking statements . All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and o
Slide 4: Offering Summary
Offering Summary Mingteng International Corporation Inc. Issuer Ordinary Shares Securities Initial Public Offering Offering Type Nasdaq Capital Market: MTEN Proposed Listing: Symbol 1,200,000 Ordinary Shares, or 1,380,000 Ordi nary Shares if the underwriters exercise their over - allotment option in
Slide 5: Corporate Overview
Turbocharger System Casting Molds Braking Systems Casting Molds Steering and Differential Systems Casting Molds Other Automotive System Parts Casting Molds Main Products Corporate Overview o Our production plant is located in Wuxi, China . o Our mold s are supported by our research and development (
Slide 6: Corporate Structure
Corporate Structure Others IPO Investors Jinzhu Ding D JZ Holding Limited (a BIV company) Jocelyn Ding Limited (a BVI company) Yingkai Xu Mitchell Xu Limited (a BVI company) YK Xu Holding Limited (a BVI company) Mingteng International Corporation Inc. (“ Mingteng International”) (a Cayman Islands co
Slide 7: Product — Turbocharger System Molds
Product — Turbocharger System Molds Turbocharger System is an air compressor that uses exhaust gas from engines as the power source . Applications Turbocharger System Molds Product Offerings Various Casting Processes • Sand and gravity casting • Combustion - engine vehicles • New energy • Hybrid veh
Slide 8: Product — Braking and Steering System Molds
Product — Braking and Steering System Molds • Sand casting • Metal mold casting • Metal mold low - pressure casting, etc . The Braking and Steering System • The braking system is a series of devices that force the car to slow down, mainly composed of the wheel brake, hydrostatic transmission, and pn
Slide 9: Product — Aluminum Alloy Product Molds
Product — Aluminum Alloy Product Molds We believe that NEV manufacturers’ demand for aluminum alloy product molds is a great opportunity for us . Among pressure casting products, light aluminum alloy pressure castings are more widely used, as the lightweight design has become the main measure for re
Slide 10: Technologies
Technologies See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 10 1. Integrated D esign of M ultiple I nserts and T win S croll 2. Integral D esign of the
Slide 11: Our Comprehensive Services
Product Design Service Machining Service Product Repair Service After - Sales Service Comprehensive Services Our Comprehensive Services • We provide product design services based on customers’ personal requirements to ensure that the product design meets the technical standards . • Our machining ser
Slide 12: Competitive Advantages
Competitive Advantages Mold technical expertise and production capacity Mold Technical Expertise and Production Capacity Advanced Technology and a Strong R&D Team Experienced and Far - Sighted Management Team Industry Experience and Standardized and Personalized Mold S ervices Long - Term and Stable
Slide 13: Mold Technical Expertise and Production Capacity
We import mold manufacturing equipment to improve the machining efficiency and precision of its molds, shorten the project development period, and allow its customers to quickly obtain molds so that they can manufacture products in a short time . Mold Technical Expertise and Production Capacity Prod
Slide 14: Industry Experience and Standardized and Personalized Mold Services
Our experience in the industry and standardized production dramatically improves our production and service efficiency and reduce production and management costs . Industry Experience and Standardized and Personalized Mold Services Our R&D team has specialized knowledge of casting, machining, molds,
Slide 15: Advanced Technology and Strong R&D Team
We have a professional technology R&D team . It conducts technological innovation and new product development to enable us to improve our large - scale precision casting process, complex structure casting mold design techniques, and mold material adjustment techniques . Advanced Technology and Stron
Slide 16: Long-term and Stable Relations With Customers
We are a supplier to leading major customers in the automobile parts manufacturing industry and have established long - term business relationships with them, most of whom have more than 5 years of business relationship with us . Long - term and Stable Relations With Customers Our customers include
Slide 17: Management Team and The Board
Management Team and The Board See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 17 Fengting Yin Chief Financial Officer • Ms . Yin has more than 20 years
Slide 18: Management Team and The Board (Continued)
Management Team and The Board (Continued) * Appointment of each independent director appointee will become effective upon the SEC’s declaration of effectiveness of the Re gistration Statement. Wenkai Fang Independent Director Nominee* • Mr . Fang has over 10 years of personnel management . • Mr . Fa
Slide 19: Industry Overview: Casting Molds Sales Share of Major Global Regions
Replace with your own text Industry Overview Casting Molds Sales Share of Major Global Regions (2018 - 2028) 25.56% 25.27% 26.32% 26.80% 27.27% 27.35% 29.92% 5.56% 6.59% 6.32% 6.19% 6.36% 6.84% 7.09% 4.44% 4.40% 4.21% 4.12% 4.55% 4.27% 4.72% 24.44% 24.18% 23.16% 23.71% 23.64% 23.08% 22.05% 37.78% 37
Slide 20: Industry Overview: Casting Molds Production and Sales by Regions
Replace with your own text Industry Overview Casting Molds Production (K Units) and Sales (K Units) by Regions in 2022 39.13 14.56 13.34 21.29 17.66 4.02 29.76 7.27 4.85 25.53 40.24 2.35 China Japan SE Asia Europe North America Other Production Volume Sales Volume Source: Public information, compile
Slide 21: Industry Overview: Top 5 Global Casting Molds Companies
Replace with your own text Industry Overview Sales Volume of Top 5 Global Casting Molds Companies (unit) and Market Share in 2022 Market Shares (%) Sales Volume (unit) Casting Molds Companies 3.33 3,677 Gibbs Die Casting 2.70 2,982 Tianjin Motor Dies Co., Ltd. 2.52 2,783 Consolidated Metco 1.65 1,82
Slide 22: Growth Strategy
• Monitors the product, plant, and regional cost expenditure and profitability. • Use standardized production and automatic equipment and systems to improve operational efficiency. • Plan to set up a research and development center to enhance its R&D capabilities. • Will recruit professionals in the
Slide 23: Financial Overview
Financial Overview 7.80 8.03 3.94 3.67 FY2021 FY2022 1H2022 Unaudited 1H2023 Unaudited 80% 16% 4% 1H2022 Unaudited 84% 14% 2% 1H2023 Unaudited 84% 15% 1% FY2021 82% 14% 4% FY2022 Mold Production Mold Repair Machining Services Revenue Breakdown US$ Million Revenue Note : Fiscal year ended December 31
Slide 24: Financial Overview: Gross Profit and Net Income
4.01 3.91 1.80 1.56 FY2021 FY2022 1H2022 Unaudited 1H2023 Unaudited Financial Overview US$ Million Gross Margin in % 2.59 2.13 0.99 0.56 FY2021 FY2022 1H2022 Unaudited 1H2023 Unaudited Gross Profit & Gross Margin Net Income & Net Margin US$ Million Net Margin in % Note : Fiscal year ended December 3
Slide 25: Contact
Contact Underwriter: Craft Capital Management LLC Email: info@craftcm.com Tel: (800) 550 - 8411 Address: 377 Oak Street, Lower Concourse, Garden City, NY 11530 Underwriter: R.F. Lafferty & Co., Inc . Email: offerings@rflafferty.com Tel: (212) 293 - 9090 Address: 40 Wall Street, 29th Floor, New York,