Li Bang International Corporation Inc. Ordinary Shares
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.2M
- Price
- $1.90
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.56%
- Volume
- 33.3K
About
Established in 1992, Li Bang International Corporation Inc. is a Chinese enterprise specializing in the comprehensive process of creating, manufacturing, and distributing professional-grade kitchen equipment made from stainless steel. These products are sold under their proprietary Li Bang brand within the Chinese market. The company offers a diverse range of items designed for commercial kitchens, including various cooking and food processing machinery, general kitchen equipment, supplies for hotels, and an assortment of kitchen accessories. Li Bang International's main office is situated in Jiangyin, China, and it operates as a division under Maple Huang Holdings Limited.
Quick stats
Shares outstanding621.4K
Computed float615.4K
Float / shares99.0%
Cash runway (months)21.3
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001896425
Websitehttps://www.libangco.cn
AI Summary
AI-generated1/5
minorneutralother
Li Bang International Corporation Inc. Announces Results of September 2026 Extraordinary General Meeting
Li Bang shareholders approved all proposals at the adjourned September 22, 2026 extraordinary general meeting, including a share capital increase from $35,000 to $7,000,000.
The reorganization reduces the par value of each share from $0.002 to $0.00001 and subdivides each authorized unissued share into 200 shares, leaving 3,150,000,000 Class A and 350,000,000 Class B authorized shares; the credit from the reduction may be used to set off accumulated losses.
Shareholders also approved a migration from the Cayman Islands to the British Virgin Islands. Notably, the adjourned meeting reached quorum with less than one-third of outstanding shares under Cayman home-country practice in lieu of Nasdaq Listing Rule 5620(c).
Red flags
- Authorized Class A shares increased by over 3.1 billion, creating large potential dilution capacity
- Quorum met with less than one-third of outstanding shares, bypassing Nasdaq Listing Rule 5620(c)
- Share capital reduction credit may be used to write off accumulated losses
- Small-cap China-based issuer with governance-heavy corporate actions