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Li Bang International Priced, Nasdaq: LBGJ

Chinese commercial kitchen equipment producer.

Industry: Consumer Discretionary

Latest Trade: $3.63 +0.13 (+3.7%)

First Day Return: +2.5%

Return from IPO: -12.5%

Industry: Consumer Discretionary

Li Bang International Corporation Inc. was registered and established in the Cayman Islands on July 8, 2021. We conduct all of our operations in China through our Operating Subsidiaries in China. The main business of our Operating Subsidiaries is to design, develop, produce and sell stainless steel commercial kitchen equipment in China under our own “Libang” brand. Additionally, through our Operating Subsidiaries, we provide customers with comprehensive services, from commercial kitchen design in the early stage to equipment installation and after-sales maintenance. Through our Operating Subsidiaries, we mainly undertake projects of middle- and high-end customer groups by bidding on contracts. Our customer base consists of international hotels, companies, public institutions, educational institutions, hospitals, and other facilities. We provide customized design solutions for different types of customer groups. In addition, we have the qualification certificate of professional engineering construction and installation so that we can provide independent installation services.
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IPO Data
IPO File Date 01/27/2022
Offer Price $4.00
Price Range $5.00 - $6.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/22/2024
Offer Price $4.00
Price Range $5.00 - $6.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
D. Boral Capital
Company Data
Headquarters Jiangyin, China
Founded 2007
Employees at IPO 141
Website www.libangco.cn

Li Bang International (LBGJ) Performance