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CMT vs HLP

Core Molding Technologies, Inc. and Hongli Group Inc. Class A Ordinary Shares

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Core Molding Technologies, Inc.

Core Molding Technologies, Inc., together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up molding, direct long-fiber thermoplastics compression molding, and structural foam and structural web injection molding. It serves various markets, including medium and heavy-duty trucks, automotive, power sports, building products, industrial, utilities, and other commercial markets in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.

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Hongli Group Inc. Class A Ordinary Shares

Hongli Group Inc., together with its subsidiaries, manufactures and sells customized metal profiles in the People's Republic of China and internationally. The company offers cold roll formed steel profile products in various forms and shapes, such as angles, bows, beams, brackets, channels, cross-members, flanges, hats, panels, plates, posts, rails, stakes, and tracks. It serves mining and excavation, construction, agriculture, and transportation industries. The company was incorporated in 2021 and is headquartered in Weifang, the People's Republic of China. Hongli Group Inc. is a subsidiary of Hongli Development Limited.

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