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Li Bang International Corporation Inc. (LBGJ) delivers stainless steel commercial kitchen equipment through its vertically integrated design, production, and service model. This news hub provides investors and industry professionals with essential updates about the company’s operations, financial performance, and market position.
Access authoritative coverage of LBGJ’s earnings announcements, product innovations, leadership changes, and strategic partnerships. Our curated collection features press releases spanning equipment launches, manufacturing expansions, and service initiatives that shape the commercial kitchen sector.
Key updates include developments in stainless steel equipment production, integrated kitchen design services, and after-sales support programs. Track how LBGJ addresses evolving demands in hospitality and food service infrastructure through technological advancements and operational updates.
Bookmark this page for streamlined access to verified information about Li Bang International’s market activities. Check regularly for new developments impacting investment decisions and industry analysis within the commercial kitchen equipment sector.
Li Bang International (Nasdaq: LBGJ) received a Nasdaq notice on Nov 7, 2025 that its common share bid price closed below the minimum $1.00 requirement for 31 consecutive business days, triggering a compliance notification under Nasdaq Listing Rule 5550(a)(2).
The notice does not affect current listing or trading. The company has a 180-calendar-day compliance period ending May 6, 2026 to restore a closing bid ≥$1.00 for ≥10 consecutive business days. If not regained, the company may request a second 180-day period if it meets other Nasdaq listing standards and notifies Nasdaq in writing. The company said it will monitor the bid price and consider options to regain compliance.
Li Bang International (Nasdaq: LBGJ) reported audited results for fiscal year ended June 30, 2025 showing modest revenue growth and improved margins. Total revenue rose 2.9% to $11.1M and gross profit increased to $3.2M with gross margin expanding to 29.2% from 25.1%. Net loss narrowed by 26.1% to $1.0M versus fiscal 2024. The company cited lower stainless-steel prices and disciplined pricing as drivers of margin improvement, and said retail and project sales both increased year over year.
Operating expenses were roughly $4.6M; general and administrative costs rose 14.3%. Cash on hand improved to $933,826 from $153,914. Management said it will prioritize revenue growth, margin protection, liquidity and pursue acquisitions within six months.
Li Bang International (Nasdaq: LBGJ), a Chinese stainless steel commercial kitchen equipment company, announced the full exercise of the over-allotment option by its IPO underwriters. The underwriters purchased an additional 228,000 ordinary shares at $4.00 per share, generating extra gross proceeds of $912,000. The total offering now comprises 1,748,000 ordinary shares with gross proceeds of $6.992 million. The funds will support plant construction, equipment procurement, marketing, R&D, and working capital. Trading began on Nasdaq Capital Market on October 23, 2024, under symbol LBGJ.
Li Bang International (Nasdaq: LBGJ) reported financial results for fiscal year 2024, showing a 22.9% revenue decrease to $10.8 million from $14.0 million in 2023. The company experienced a net loss of $1.4 million, compared to a net income of $0.6 million in 2023. Gross profit declined 53% to $2.7 million, with profit margin decreasing to 25.1% from 41.1%. The revenue decline was attributed to China's economic slowdown and strategic expansion into high-end hotel projects. The company recently completed its IPO on October 23, 2024, raising $6.08 million through the sale of 1,520,000 ordinary shares at $4.00 per share.
Li Bang International (Nasdaq: LBGJ), a Chinese stainless steel commercial kitchen equipment company, has completed its initial public offering. The company sold 1,520,000 ordinary shares at $4.00 per share, raising $6.08 million in gross proceeds. Trading began on October 23, 2024, under ticker LBGJ. The underwriters have a 45-day option to purchase an additional 228,000 shares. Proceeds will fund plant construction, equipment procurement, marketing, R&D, and working capital. Craft Capital Management and EF Hutton served as underwriters.
Li Bang International Inc., a Chinese stainless steel commercial kitchen equipment company, has announced the pricing of its initial public offering (IPO). The company is offering 1,520,000 ordinary shares at US$4.00 per share, aiming to raise US$6.08 million in gross proceeds. The shares are set to begin trading on the Nasdaq Capital Market on October 23, 2024, under the ticker symbol 'LBGJ'.
The IPO is expected to close around October 24, 2024. Li Bang has granted underwriters a 45-day option to purchase up to an additional 228,000 shares. Proceeds will be used for plant construction, equipment procurement, marketing, R&D, and working capital. Craft Capital Management is the lead underwriter, with EF Hutton as co-underwriter.
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