Mingteng International Corp Inc. (MTEN) Form 6-K — Oct 6, 2026
On October 6, 2026, Mingteng International Corporation entered into and completed a Share Transfer Agreement to acquire 10,000 ordinary shares, representing 100% of HK Phoenix Gateway Alliance Limited, from ZHENG Delin for USD 15 million, paid in full at closing. Through the acquisition, Mingteng indirectly obtained 100% of Shanghai Shangyun Yingfei Technology Co., Ltd., a PRC WFOE, and its wholly-owned subsidiary Shanghai Minwen Industrial Co., Ltd. A valuation report from Hangzhou PG Advisory valued 100% of Shanghai Minwen at USD 15.074 million as of December 31, 2025, roughly in line with the purchase price.
Key figures
- Deal Value Usd
- 15000000
- Target valuation usd
- 15074000
- Target shares acquired
- 10,000 ordinary shares (100% of issued shares)
- Valuation benchmark date
- 2025-12-31
AI analysis
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