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.
Li Bang International Announces 1-for-200 Share Consolidation
Li Bang International announced a 1-for-200 reverse share split of its ordinary shares, which was approved by both the board and shareholders.
The company's Class A shares will begin trading on a post-split basis on August 3, 2026, under the symbol LBGJ with a new CUSIP number.
The consolidation is being implemented to ensure continued compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).