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Mingteng International Corp., Inc. ( (MTEN) ) just unveiled an announcement.
On January 14, 2026, Mingteng International Corporation Inc. announced that it completed in December 2025 the relocation of its operations to a newly built production facility in Wuxi, a key step in its capacity expansion strategy. The new plant doubles the previous production space and incorporates upgraded high-precision CNC equipment, a 50-ton overhead crane, large-tonnage clamping systems and advanced electrical discharge and wire-cutting machinery, changes that together are designed to lift mold production capacity by about 50% and improve the company’s ability to produce large, complex die-casting molds. Management expects the consolidated, modern facility and smarter manufacturing layout to enhance efficiency, strengthen its competitive position in serving both traditional and new energy vehicle customers, improve its corporate image to attract talent and partners, and support long-term growth as the company seeks to alleviate past capacity constraints and capitalize on rising market demand.
The most recent analyst rating on (MTEN) stock is a Hold with a $0.03 price target. To see the full list of analyst forecasts on Mingteng International Corp., Inc. stock, see the MTEN Stock Forecast page.
Spark’s Take on MTEN Stock
According to Spark, TipRanks’ AI Analyst, MTEN is a Neutral.
The score is primarily pressured by weak financial quality (negative margins and declining free cash flow) and very bearish technicals (deeply below moving averages with negative MACD). Valuation provides limited support because the P/E is negative due to losses and no dividend yield is available.
To see Spark’s full report on MTEN stock, click here.
More about Mingteng International Corp., Inc.
Mingteng International Corporation Inc., based in Wuxi, China, is an automotive mold developer and supplier specializing in molds for auto parts. The company offers end-to-end, personalized mold services spanning design, development, production, assembly, testing, repair and after-sales support, aiming to deliver integrated turnkey solutions for customers. Its core products are casting molds for turbocharger, braking, steering and differential systems, as well as molds for new energy electric vehicle motor drive systems, battery pack systems and engineering hydraulic components used across automotive, construction machinery and other manufacturing sectors.
Average Trading Volume: 15,367,168
Technical Sentiment Signal: Sell
Current Market Cap: $526K
Learn more about MTEN stock on TipRanks’ Stock Analysis page.