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Mingteng International Corp., Inc. ( (MTEN) ) just unveiled an announcement.
On January 9, 2026, Mingteng International Corporation Inc.’s board approved a 1-for-200 reverse stock split of its Class A and Class B ordinary shares, following shareholder authorization at an extraordinary general meeting held on December 15, 2025. Effective when trading opens on January 26, 2026, the reverse split will cut the number of outstanding Class A shares from about 242.3 million to roughly 1.21 million and Class B shares from about 2.09 million to around 10,455, with fractional shares rounded up to whole shares so that individual ownership percentages remain largely unchanged. Concurrently, the company amended its constitutional documents to reduce the number of authorized ordinary shares, increase par value to $0.002 per share and adjust options, warrants and other share-linked securities, while its Class A shares will continue to trade on Nasdaq under the ticker MTEN with a new CUSIP. The move, which Mingteng describes as serving proper corporate purposes and the best interests of shareholders, is expected to materially reshape the company’s capital structure and may support its positioning and compliance in the U.S. capital markets.
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 comprehensive, customized mold services including design and development, production, assembly, testing, repair and after-sales support, with a focus on casting molds for turbocharger, braking, steering and differential systems, as well as molds for new energy electric vehicle motor drive systems, battery packs and engineering hydraulic components used across automotive, construction machinery and other manufacturing industries.
Average Trading Volume: 32,321,934
Technical Sentiment Signal: Sell
Current Market Cap: $214.9K
Find detailed analytics on MTEN stock on TipRanks’ Stock Analysis page.