JIANGYIN, China, June 17, 2025 /PRNewswire/ -- Li Bang International Corporation Inc. ("Li Bang International") and its subsidiaries (collectively, the "Company," "we," "us," "our company," or "Li Bang") (Nasdaq: LBGJ), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced its unaudited interim financial results for the six months ended December 31, 2024.Highlights for the Six Months Ended December 31, 2024  Revenue - for th ...

JIANGYIN, China, Nov. 8, 2024 /PRNewswire/ -- Li Bang International Corporation Inc. (Nasdaq: LBGJ) (the "Company" or "Li Bang"), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced its financial results for the fiscal year ended June 30, 2024.Mr. Feng Huang, Chief Executive Officer & Chairman of the Board, commented, "Despite a challenging economic environment, fiscal year 2024 was a year of important strategic progress f ...

Core Viewpoint - Li Bang International Corporation Inc. successfully closed its initial public offering, raising a total of US$6.08 million by selling 1,520,000 ordinary shares at a price of US$4.00 per share, with trading commencing on October 23, 2024 under the ticker symbol "LBGJ" [1][2]. Group 1: Offering Details - The initial public offering consisted of 1,520,000 ordinary shares priced at US$4.00 each, generating gross proceeds of US$6.08 million before expenses [1]. - The underwriters were granted a 45-day option to purchase an additional 228,000 ordinary shares, which is 15% of the shares sold in the offering [1][2]. - The offering was conducted on a firm commitment basis, with Craft Capital Management LLC as the representative of the underwriters and EF Hutton LLC as the co-underwriter [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for various purposes, including plant construction, equipment procurement, advertising and marketing, research and development, and general working capital [2]. Group 3: Company Overview - Li Bang International Corporation Inc. specializes in the design, development, production, and sale of stainless steel commercial kitchen equipment in China, operating under its own "Li Bang" brand [5]. - The company aims to provide comprehensive services, from the initial design of commercial kitchen appliances to installation and after-sales maintenance, with a commitment to innovation and high quality [5]. - The long-term vision of the company is to establish itself as a household name synonymous with its products [5].

Jiangyin, China, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Li Bang International Corporation Inc. (the “Company” or “Li Bang”), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced the pricing of its initial public offering (the “Offering”) of 1,520,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commenc ...