Li Bang International Corporation generated $9.7 million in revenue but had a net loss of $1.3 million last year. Its market cap is $102.3 million.
Craft Capital Management and EF Hutton are the underwriters for the IPO.
Founded in 2007 and located in Jiangsu, China, Li Bang specializes in producing and selling stainless steel kitchen equipment. They offer over 300 types of products, including cooking appliances and accessories, primarily under the “Libang” brand. Their services range from kitchen design to equipment installation and maintenance.
They cater to a variety of clients, such as international hotels, businesses, and educational institutions. Li Bang has a production facility of over 10,000 square meters and is recognized as a new technology enterprise in Jiangsu Province.
For more information, visit their website: libangco.cn or call +86 0510-81630030.
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