Li Bang International Corporation Inc. reported $9.7 million in revenue and a net loss of $1.3 million over the last year. The company’s market cap is $102.3 million.
Craft Capital Management and EF Hutton are the underwriters for the IPO.
Founded in 2021 in the Cayman Islands, Li Bang operates in China through subsidiaries that design, produce, and sell stainless steel commercial kitchen equipment under the “Libang” brand. Their services include kitchen design, equipment installation, and maintenance. They offer over 300 products, including cookers and kitchen accessories, catering to various clients like hotels, businesses, and public institutions. The company also customizes products for specific needs.
Their factory in Jiangsu Province spans over 10,000 square meters and employs advanced production techniques. As a technology enterprise, they benefit from government support for R&D and innovation. Li Bang primarily targets mid- to high-end market projects.
Founded in 2007, Li Bang has 128 employees and is located in Jiangyin City, Jiangsu Province, China. For more information, visit www.libangco.cn or call +86 0510-81630030.
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