(SeaPRwire) – JIANGYIN, China, April 28, 2026 — Li Bang International Corporation Inc. (“Li Bang International”) and its subsidiaries (collectively referred to as the “Company,” “we,” “us,” “our company,” or “Li Bang”) (Nasdaq: LBGJ), a firm that designs, develops, manufactures, and sells stainless steel commercial kitchen equipment in China, announced on April 28, 2026 that the Company has received an official notification letter from the Nasdaq Listing Qualifications Department confirming that it has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market.
Prior to this, on November 7, 2025, Nasdaq notified the Company that its listed securities had failed to maintain a minimum closing bid price of $1.00 per share over the preceding 30 consecutive business days, as mandated by Nasdaq Listing Rule 5550(a)(2).
The recent notice from Nasdaq revealed that between March 30, 2026 and April 27, 2026, a period of 20 consecutive business days, the closing bid price of the Company’s Class A Ordinary Shares was $1.00 per share or higher. As a result, the Company has regained compliance with Listing Rule 5550(a)(2), and Nasdaq has confirmed that this matter is now closed.
About Li Bang International Corporation Inc.
Li Bang International Corporation Inc. specializes in developing, producing, and selling stainless-steel commercial kitchen equipment under its own “Li Bang” brand across China. In addition to its product offerings, the Company provides full-service support spanning from the early-stage design of commercial kitchen appliances to equipment installation and post-sales maintenance. Committed to innovation and high-quality standards, the Company uses modern production facilities and established processes, and strives to become a leading commercial kitchen appliance manufacturer in China. The Company’s long-term vision is to establish itself as a household name that is synonymous with the products it manufactures. For more information, please visit the company’s website at https://ir.libangco.cn.
Forward Looking Statements
Certain statements in this announcement qualify as “forward-looking statements” under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve both known and unknown risks and uncertainties, and are based on the Company’s current expectations and projections about future events that the Company believes could impact its financial condition, operating results, business strategy, and financial needs. Investors can identify these forward-looking statements using words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue”, as well as the negative versions of these terms or other comparable language. The Company has no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, unless required by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may impact its future performance in the Company’s financial filings with the U.S. Securities and Exchange Commission.
CONTACTS
Li Bang International Corporation Inc.
Investor Relations Department
Email: guanli@libangco.cn
WFS Investor Relations
Email: services@wealthfsllc.com
Phone: +1 628 283 9214
This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content.
Category: Top News, Daily News
SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.