Mingteng International’s Subsidiary and Jilin University Collaborate to Develop Hot-Work Die Steel for Die-Casting Molds Targeting 80,000-Cycle Lifespan and 40% Cost Reduction

Wuxi, China, July 22, 2025 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (the “Company” or “Mingteng International”) (Nasdaq: MTEN), an automotive mold developer and supplier in China, announced that its wholly-owned subsidiary, Wuxi Mingteng Mould Technology Co., Ltd. (“Wuxi Mingteng”), has signed a technology development entrustment agreement (the “Entrustment Agreement”) with Jilin University (“JLU”) to collaborate on the development of a new hot-work die steel for die-casting molds, effective from December 26, 2024 to December 26, 2027. This strategic initiative aims to enhance the Company’s technical capabilities to align with international industry leaders while tapping into the growing demand for high-quality aluminum alloy die-castings.