Mingteng International Reaches New Milestone in Global Expansion with Overseas Orders Serving Markets in Serbia, Vietnam and Mexico

About this update from Mingteng International Corporation Inc.

Wuxi, China, June 29, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (the "Company" or "Mingteng International") (Nasdaq: MTEN), an automotive mold developer and supplier in China, today announced that, its wholly-owned subsidiary, Wuxi Mingteng Mould Technology Co., Ltd. ("Wuxi Mingteng"), has achieved success overseas and successfully entered into purchase agreements with three foreign enterprises. These agreements mark a milestone in the Company's efforts to expand its international customer base and strengthen its global presence in mold solutions. Long committed to global expansion, Mingteng International advances its New Energy Vehicle ("NEV") lightweight solutions and supply-chain capabilities through these contracts—a milestone in its overseas mold business. The Company's product portfolio includes die-casting molds for intermediate crossbeams and other items in battery box lower housing assemblies, low-pressure molds for NEV transmission cases, casting molds for automotive, construction machinery, and hydraulic systems, as well as other specialized molds. Mr. Yingkai Xu, Chairman and Chief Executive Officer of Mingteng International, commented, "We are pleased to partner with our overseas clients through these purchase agreements. We are also aiming for further expansion, strengthening our global competitiveness in aluminum alloy low-pressure and die-casting molds for a broader range of international clients. According to Global Market Insights Inc. and other institutions, the markets for EV battery boxes and NEV precision structural components—which are the end applications for the components produced using our molds—are forecast to deliver a double-digit CAGR in the coming years. We believe that expanding our customer base and deepening global integration will further reinforce our operational resilience while generating diversified revenue streams and delivering long-term value for our shareholders. As we move ahead, we remain focused on building high-quality partnerships and creating sustainable growth through excellence in execution." About Mingteng International Corporation Inc. Based in China, Mingteng International Corporation Inc. is an automotive mold developer and supplier that focuses on molds used in auto parts. The Company provides customers with comprehensive and personalized mold services, covering mold design an...

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