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An update from Mingteng International Corp., Inc. ( (MTEN) ) is now available.
On December 15, 2025, Mingteng International Corporation Inc. held an extraordinary general meeting of shareholders in Wuxi, China, with approximately 95.47% of total voting rights represented, reflecting strong investor participation in key capital-structure decisions. Shareholders overwhelmingly approved a broad authorization for the board to implement one or more share consolidations of both Class A and Class B ordinary shares at a ratio between 2-for-1 and up to 4,000-for-1 (or any lower cap required by Nasdaq) within two years, with fractional shares to be rounded up, giving the board wide flexibility to adjust the share count and trading price to align with exchange requirements. Investors also passed a special resolution to adopt a new amended and restated memorandum and articles of association to reflect any future share consolidation and to authorize related corporate filings in the Cayman Islands, and they approved, by ordinary resolution, the option to adjourn the meeting if more time had been needed to secure votes on these structural changes, underscoring strong support for management’s approach to capital and governance adjustments.
The most recent analyst rating on (MTEN) stock is a Hold with a $2.50 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 overall stock score is primarily impacted by financial performance challenges, including profitability and cash flow issues. Technical analysis further indicates bearish momentum, while valuation metrics are poor due to negative earnings. The absence of earnings call insights and corporate events leaves these areas unaddressed.
To see Spark’s full report on MTEN stock, click here.
More about Mingteng International Corp., Inc.
Mingteng International Corporation Inc. is a Cayman Islands–incorporated foreign private issuer listed on Nasdaq, with principal executive offices in Wuxi, Jiangsu Province, China. The company has a dual-class share structure comprising Class A and Class B ordinary shares, reflecting a typical structure for China-based issuers seeking international capital access, though the specific operating industry and products are not detailed in this filing.
Average Trading Volume: 137,447
Technical Sentiment Signal: Sell
Current Market Cap: $2.81M
For detailed information about MTEN stock, go to TipRanks’ Stock Analysis page.