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Li Bang subsidiary terminates Yufengyuan equity deal

The agreement's Liability for Breach provision does not survive the termination and has no further force or effect.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

Li Bang International Corp Inc. (LBGJ) disclosed that its wholly owned subsidiary, Jiangsu Li Bang Intelligent Technology Co., Ltd., and three individual shareholders of Suzhou Yufengyuan Food Distribution Co., Ltd. terminated their equity transfer agreement, effective October 8, 2026. The contemplated transaction will not be consummated. The parties agreed that neither side would have further liability or obligation to the other under the agreement and released each other from existing or future liabilities, obligations, and performance.

equity transfer agreement financial
"entered into an equity transfer agreement with three individual shareholders"
An equity transfer agreement is a legal contract that records the sale or reassignment of ownership in a company’s shares from one party to another. Like handing over the keys when you sell a house, it changes who legally controls those ownership rights and any attached voting power or dividend claims. Investors care because such transfers can shift control, dilute or concentrate stakes, affect company strategy and influence future share value.
Liability for Breach regulatory
"the Liability for Breach provision of the Agreement did not survive the termination"
incorporated by reference regulatory
"is hereby incorporated by reference into the Company’s registration statement on Form F-3"
wholly-owned subsidiary technical
"a wholly-owned subsidiary of Li Bang International Corporation Inc."
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Will LBGJ's proposed Yufengyuan equity transfer be completed?

No. The contemplated equity transfer was terminated effective October 8, 2026, and will not be consummated. The agreement's Liability for Breach provision does not survive the termination.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-42378

 

Li Bang International Corporation Inc.

(Exact Name of Registrant as Specified in its Charter)

 

No. 190 Xizhang Road, Gushan Town,

Jiangyin City, Jiangsu Province

People’s Republic of China

+86 0510-81630030

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

As previously disclosed, Jiangsu Li Bang Intelligent Technology Co., Ltd. (the “Purchaser”), a wholly-owned subsidiary of Li Bang International Corporation Inc., a Cayman Islands exempted company with limited liability (the “Company”), entered into an equity transfer agreement with three individual shareholders (the “Sellers”) of Suzhou Yufengyuan Food Distribution Co., Ltd. (“Yufengyuan”), on March 2, 2026. Subsequently, the Purchaser and the Sellers entered into a new equity transfer agreement in relation to the contemplated equity transfer transaction (the “Agreement”), which superseded and replaced the original equity transfer agreement in its entirety, on April 17, 2026.

 

On October 8, 2026, the Purchaser and the Sellers entered into a termination letter (the “Termination Letter”), pursuant to which the parties agreed to terminate the Agreement in its entirety, effective as of October 8, 2026. The equity transfer transaction contemplated by the Agreement has not been and will not be consummated.

 

Upon the termination, neither the Purchaser nor the Sellers shall have any further liability or obligation to the other under the Agreement, and each party is released from all existing or further liabilities, obligations or performance thereunder. Notwithstanding anything to the contrary in the Agreement, the parties expressly agreed that the Liability for Breach provision of the Agreement did not survive the termination and shall have no further force or effect.

 

The foregoing description of the Termination Letter does not purport to describe all terms and conditions thereof and is qualified in its entirety by reference to the Termination Letter which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.

 

Incorporation By Reference

 

This current report on Form 6-K is hereby incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-291772), to be a part thereof from the date on which this current report on Form 6-K is submitted and to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit Index

 

Exhibit No.   Description
10.1*   Termination Letter, dated October 8, 2026, by and among Jiangsu Li Bang Intelligent Technology Co., Ltd., a wholly-owned subsidiary of Li Bang International Corporation Inc., and certain shareholders of Suzhou Yufengyuan Food Distribution Co., Ltd.

 

* Portions of this exhibit have been omitted in accordance with Item 601(b)(10) of Regulation S-K.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Li Bang International Corporation Inc.
     
Date: October 9, 2026 By: /s/ Feng Huang
    Feng Huang
    Chief Executive Officer

 

3

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