SALE OF ALUMINUM FOUNDRY OF WISCONSIN

ALUMINUM FOUNDRY OF WISCONSIN HAS BEEN ACQUIRED BY SHANDONG LIANCHENG PRECISION MANUFACTURING CO., LTD.

Birmingham, Michigan – September 19, 2025 – Angle Advisors is pleased to announce that Aluminum Foundry of Wisconsin LLC, a portfolio company of Mumford Metal Casting, has been acquired by Shandong Liancheng Precision Manufacturing Co., Ltd. (SZSE: 002921). Angle Advisors acted as the exclusive investment banking advisor to Mumford Metal Casting in completing the transaction.

Headquartered in Lannon, Wisconsin, Aluminum Foundry of Wisconsin (“AFW” or the “Company”) is a leading manufacturer of complex aluminum, brass, and bronze sand castings. AFW serves a diverse group of customers across a broad array of end markets including the marine, industrial, transportation, off-highway vehicle, material handling, and recreational equipment sectors. Equipped with automated green sand and air set (no-bake) casting lines, the Company’s diverse molding capabilities support the efficient production of low to medium volume programs. With mold boxes up to 130” x 40” in size, AFW manufactures castings weighing up to 500 pounds. As a full-service supplier, the Company’s technical capabilities include design for manufacturing and pattern engineering. In addition to internal production of complex cores and core assemblies, AFW’s value-added services include machining, heat treatment, x-ray inspection, and assembly.

Founded in 2014, Mumford Metal Casting (“MMC”) consists of a group of specialized manufacturing companies based in the Midwest United States. Serving a diverse group of blue-chip customers, MMC’s products reach a wide range of industries including the automotive, heavy equipment, industrial, recreational, lighting, furniture, agriculture, and marine sectors. Offering aluminum high-pressure die casting, machining, and related engineering services, MMC’s production facilities span approximately 300,000 square feet. For additional information, please visit www.mumfordmetalcasting.com.

Publicly listed on the Shenzhen Stock Exchange since 2017, Shandong Liancheng Precision Manufacturing Co., Ltd. (“LMC”) is a full-service supplier of engineered ferrous and non-ferrous metal-formed products serving leading OEMs and Tier-I suppliers across the automotive, commercial vehicle, agricultural & construction machinery, hydraulic equipment, commercial compressor, rail, and energy sectors. Primary manufacturing capabilities include iron and aluminum sand casting, aluminum die casting, aluminum gravity casting, forging, precision machining, surface treatment, and heat treatment. LMC is recognized as a Top 100 enterprise in China’s foundry industry as well as a national high-tech and green factory. Headquartered in Jining, China, LMC operates six manufacturing facilities and employs approximately 2,000 people.

Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed over 308 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.