On the morning of March 6, 2026 (Alabama time), Minth Group officially announced the investment of a new manufacturing facility in Gadsden, Alabama, further strengthening the Group's strategic presence in the North American market.

The new facility will be built on the site of the former Gulf State Steel Mill, covering approximately 400 acres, and will be developed into a modern manufacturing base. Once fully operational, the project is expected to create more than 1,300 new jobs for the local community and bring new momentum to regional economic development.

Minth Group would like to express its sincere appreciation to the State of Alabama, the City of Gadsden, and all partners for their strong support. Gadsden was selected due to its strong manufacturing heritage, well-established industrial environment, and highly skilled workforce—qualities that align with Minth's commitment to technological innovation and sustainable manufacturing.

The establishment of the Gadsden manufacturing campus marks an important step in Minth Group's global development strategy. It will not only strengthen the Group's manufacturing footprint in North America but also enhance its ability to provide high-quality products and services to global automotive customers. Minth Group looks forward to growing together with the local community and contributing to the continued economic development of Alabama and the advancement of the global automotive industry.