Mingteng International Signs Three NEV Mold Contracts in Serbia, Vietnam, Mexico
MTEN•Mingteng International’s Wuxi Mingteng subsidiary signed purchase agreements with three foreign enterprises in Serbia, Vietnam and Mexico for NEV mold solutions. The contracts cover die-casting molds for battery box lower housing intermediate crossbeams, low-pressure molds for transmission cases and additional automotive and hydraulic casting molds.
1. Overseas Expansion Milestone
Mingteng International’s Wuxi Mingteng subsidiary has finalized purchase agreements with three overseas enterprises in Serbia, Vietnam and Mexico, representing its first contracts in international mold markets.
2. Product Scope and NEV Solutions
The agreements cover a range of NEV mold solutions, including die-casting molds for battery box lower housing intermediate crossbeams, low-pressure molds for transmission cases, and additional specialized automotive and hydraulic casting molds.
3. Growth Outlook and Strategy
The company plans to leverage double-digit CAGR forecasts for EV battery box and NEV precision components to deepen global integration, diversify revenue streams and bolster operational resilience through expanded international partnerships.
