Li Bang International Corp Inc.
LBGJ·NASDAQ·Technology·CIK 0001896425
Li Bang International Corporation Inc. is a holding company that conducts all its operations in China through its operating subsidiaries. The company was incorporated in the Cayman Islands on July 8, 2021, with an authorized share capital of US$50,000, divided into 450,000,000 Class A Ordinary Shares and 50,000,000 Class B Ordinary Shares, each with a par value of US$0.0001. On July 8, 2021, 10,000 ordinary shares were issued. An additional 16,990,000 ordinary shares were issued on July 15, 2022, treated as a stock split.
The company's structure includes several subsidiaries. On July 26, 2021, Li Bang International formed its wholly owned subsidiary, Li Bang International Hong Kong Holdings Limited (Li Bang HK), in Hong Kong. Li Bang HK then formed its wholly owned subsidiary, Jiangsu Li Bang Intelligent Technology Co., Limited (Li Bang Intelligent Technology or WFOE), in the People's Republic of China (PRC) on August 18, 2021.
Other key operating subsidiaries in China include Wuxi Li Bang Kitchen Appliance Co., Limited, a limited liability company incorporated on May 18, 2007; Suzhou Deji Kitchen Engineering Co., Limited, a limited liability company incorporated on April 8, 2010; and Li Bang Kitchen Appliance Co., Limited, a limited liability company incorporated on March 22, 2019. Li Bang Kitchen Appliance established a subsidiary in China, Yangzhou Bangshijie Kitchen Appliance Co., Ltd., on December 2, 2019. Wuxi Li Bang established a subsidiary in China, Nanjing Bangshijie Kitchen Appliance Co., Ltd., on November 25, 2015. The company is not currently actively engaging in any business directly.