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Li Bang International Announces Topping-Out of Intelligent Kitchen Production Facility, Expects Operations to Begin in June 2026
Globenewswire· 2026-02-12 13:30
Core Viewpoint - Li Bang International Corporation has successfully topped out its Phase II intelligent kitchen production facility, which is expected to enhance its manufacturing capacity and product capabilities significantly [1][2][3]. Group 1: Facility Development - The Phase II project involves a total investment of approximately RMB 200 million [2]. - The new facility is anticipated to produce about 5,000 sets of intelligent kitchen equipment annually, thereby increasing the company's manufacturing capacity [2]. - The topping-out of the facility marks a significant milestone in the company's strategy to expand production and advance intelligent manufacturing [3]. Group 2: Product Lines and Financial Expectations - The company is in discussions to introduce two new product lines: intelligent cooking robots and commercial dishwashing systems [3]. - Once operational, the annual output value from these product lines is expected to reach between RMB 300 million and RMB 500 million, enhancing long-term growth and market competitiveness [3]. Group 3: Current Operations and Capabilities - Li Bang International operates over 30,000 square meters of modern production facilities equipped with advanced manufacturing systems, including fully imported Italian flexible production lines and high-precision laser cutting equipment [3]. - The company is committed to innovation and high-quality production, aiming to become a leading manufacturer of commercial kitchen appliances in China [4].