Mingteng International Announces 1-for-200 Reverse Stock Split Effective January 26, 2026
Rhea-AI Summary
Mingteng International (Nasdaq: MTEN) announced a 1-for-200 reverse stock split effective when Nasdaq opens on January 26, 2026. Post-split shares will continue to trade under MTEN with new CUSIP G6S85D117. The Company said every 200 Class A or Class B shares will be combined into one share, reducing Class A outstanding from approximately 242,334,931 to 1,211,675 and Class B from approximately 2,091,000 to 10,455. Fractional shares will be rounded up to the next whole share. The company amended its memorandum to proportionately reduce authorized shares and set post-split par value to US$0.002. Options, warrants and similar securities will be adjusted per their terms.
Positive
- Reverse split ratio: 1-for-200 effective Jan 26, 2026
- Class A shares reduced from ~242,334,931 to ~1,211,675
- Fractional shares will be rounded up, preventing fractional certificates
Negative
- Class B shares reduced from ~2,091,000 to ~10,455
- Memorandum amended to reduce authorized shares and change par value to US$0.002
News Market Reaction
On the day this news was published, MTEN declined 26.44%, reflecting a significant negative market reaction. Argus tracked a trough of -42.9% from its starting point during tracking. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $6M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Pre-announcement, MTEN was down 5.75% while key metal fabrication peers showed mixed moves and none appeared in the momentum scanner, indicating stock-specific dynamics rather than a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | Capacity expansion | Positive | +4.8% | Completion of new facility targeting 50% production capacity increase. |
| Jan 12 | Strategic partnership | Positive | -41.9% | Expansion of collaboration with leading NEV powertrain supplier in China. |
| Oct 01 | Earnings update | Negative | -12.9% | H1 2025 revenue growth but lower gross profit and larger net loss. |
| Aug 06 | Strategic partnership | Positive | -0.4% | Subsidiary partnership with Suzhou Lvkon for NEV aluminum components. |
| Jul 22 | R&D collaboration | Positive | -16.8% | Collaboration with Jilin University on advanced hot-work die steel. |
Recent history shows several instances where positive operational or partnership news coincided with negative price reactions, alongside occasional alignment on capacity and earnings updates.
Over the last six months, Mingteng reported multiple strategic and operational milestones. A new Wuxi production facility targeting a 50% capacity increase on Jan 14, 2026 saw a modest 4.75% gain. Expanded NEV collaborations in July–August 2025 and Jan 2026 were followed by sharp drops of up to -41.93%. Mixed H1 FY2025 earnings on Oct 1, 2025 with higher revenue but a larger net loss led to a -12.93% move. Against this backdrop, the reverse split comes after sustained weakness and dilution-related activity documented in recent filings.
Market Pulse Summary
The stock dropped -26.4% in the session following this news. A negative reaction despite the structural nature of the 1-for-200 reverse split would fit a history where several constructive updates were followed by declines, including moves of -41.93% and -16.76%. Pre-split, MTEN already traded far below its 200-day MA of 8.03 and 99.89% under its 52-week high, indicating severe prior weakness. Past ATM activity from recent filings and prior divergences suggest that sentiment had already been fragile before this corporate action.
Key Terms
reverse stock split financial
cusip regulatory
par value financial
memorandum of association regulatory
warrants financial
nasdaq capital market regulatory
AI-generated analysis. Not financial advice.
WUXI, China, Jan. 22, 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 it will effect a reverse stock split of its ordinary shares on a 1-for-200 basis (the “Reverse Stock Split”). The Company’s Class A ordinary shares will begin trading on a post-split basis when the market opens on January 26, 2026. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “MTEN,” with a new CUSIP number G6S85D117.
The Reverse Stock Split has been approved by the Company’s shareholders and the Company’s board of directors. Any fractional shares that would have otherwise resulted from the Reverse Stock Split will be rounded up to the next whole number and no fractional shares will be issued. The Reverse Stock Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s outstanding ordinary shares, except for adjustments that may result from the rounding up of fractional shares.
Upon the effectiveness of the Reverse Stock Split, every two hundred (200) shares of the Company’s issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one (1) Class A ordinary share, and every two hundred (200) shares of the Company’s issued and outstanding Class B ordinary shares as of the effective date will automatically be combined into one (1) Class B ordinary share. Such adjustments will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 242,334,931 to approximately 1,211,675 and the total number of outstanding Class B ordinary shares of the Company will be reduced from approximately 2,091,000 to approximately 10,455.
Concurrently with the Reverse Stock Split, the Company amended its Memorandum of Association to proportionately reduce the number of authorized ordinary for issuance and change the par value of post-reverse stock split ordinary shares to US
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 and development, mold production, assembly, testing, repair and after-sales service. With its production plant located in Wuxi, China, the Company aims to build a systematic solution for automobile mold services and create a personalized and integrated “Turnkey Project” for customers. The Company’s main products are casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. The Company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery and other manufacturing industries. For more information, please visit the Company’s website: https://ir.wxmtmj.cn/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports its files with the U.S. Securities and Exchange Commission (the “Commission”) before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.
For investor and media inquiries, please contact:
Mingteng International Corporation Inc.
Investor Relations Department
Email: ir@wxmtmj.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com