Mingteng International Corporation Inc. (the "Company" or "Mingteng International") (NASDAQ:MTEN), an automotive mold developer and supplier in China, today announced the deepening of its ongoing collaboration with a leading top tier supplier in China in the new energy vehicle ("NEV") sector, as part of its continued efforts to support the strategic development of new energy technologies in the automotive market.

The Company's cooperating client (the "Client") is engaged in the production of a range of core components used in electric powertrain systems, including drive assemblies, electric drive axles, electric motors, and transmission systems. According to the industry data from a Kerui Consulting research, the Client has ranked among the top in market share for motor systems used in NEV heavy-duty trucks for three consecutive years from 2022 to 2024. The Client has also established long-term and stable partnerships with major Chinese commercial vehicle manufacturers in China.

As aluminum alloy materials account for an increasing proportion in electric drive systems and transmission systems, the Company supports its clients through close collaboration in mold development and product manufacturing. The Company's capabilities in complex mold design and precision production enable the delivery of lightweight components that contribute to improved efficiency and support the green transformation of the automotive industry.