Core Viewpoint - Li Bang International Corporation Inc. has announced the listing of its new Class A ordinary shares on the Nasdaq Capital Market, effective November 21, 2025, replacing the previously listed ordinary shares under the same symbol "LGBJ" [1][5]. Group 1: Share Structure Changes - On June 27, 2025, shareholders approved a dual-class share structure, re-designating all issued Ordinary Shares into Class A Ordinary Shares with one vote per share, and creating Class B Ordinary Shares with fifteen votes per share [2]. - The authorized share capital of the Company is now US$50,000, divided into 450,000,000 Class A Ordinary Shares and 50,000,000 Class B Ordinary Shares [3]. - The Company repurchased 15,436,000 Class A Ordinary Shares and issued an equal number of Class B Ordinary Shares to the shareholders involved, consolidating control of voting power with key executives [4]. Group 2: Trading and Listing Information - The Class A Ordinary Shares will begin trading on the Nasdaq Capital Market under the same symbol "LGBJ" and the same CUSIP number G5480M102, with Class B Ordinary Shares not being listed or traded on any exchange [5]. Group 3: Company Overview - Li Bang International Corporation Inc. specializes in the development, production, and sale of stainless-steel commercial kitchen equipment in China, aiming to become a leading manufacturer in the industry [6]. - The Company offers comprehensive services from design to installation and after-sales maintenance, emphasizing innovation and high quality in its products [6].
Li Bang International Announces the Listing of Class A Ordinary Shares