JIANGYIN, China, Nov. 12, 2025 — Li Bang International Corporation Inc. (“Li Bang International”) and its affiliated entities (collectively referred to as the “Company” or “Li Bang”) (Nasdaq: LBGJ), a firm specializing in the design, development, production, and sale of stainless steel commercial kitchen equipment within China, announced today that it received a formal notification (the “Notice”) from The Nasdaq Stock Market LLC’s (“Nasdaq”) Listing Qualifications Department on November 7, 2025. This notice informed the Company that, over the preceding 31 consecutive business days, the closing bid price for its publicly traded securities had remained below the stipulated minimum of $1.00 per share, a requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
This Notice does not immediately affect the Company’s securities’ listing or trading status; they will continue to be traded on the Nasdaq Capital Market under the ticker symbol “LBGJ.”
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a period of 180 calendar days, concluding on May 6, 2026 (the “Compliance Period”), to restore compliance with the Minimum Bid Price Requirement. Should the bid price of the Company’s security close at $1.00 per share or higher for a minimum of 10 consecutive business days at any point before May 6, 2026, Nasdaq Staff will issue written confirmation that compliance has been achieved.
If the Company fails to regain compliance by the end of the Compliance Period, it may become eligible for an additional 180-calendar-day compliance period. This eligibility is conditional upon the Company meeting the continuous listing requirements for the market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market (with the exception of the bid price requirement), and providing written notification to Nasdaq of its intention to rectify the deficiency during this potential second compliance period.
The Company intends to closely monitor the closing bid price of its securities and will explore all available courses of action to achieve compliance with the Minimum Bid Price Requirement within the specified compliance period.
About Li Bang International Corporation Inc.
Li Bang International Corporation Inc. (Nasdaq: LBGJ) is dedicated to the creation, manufacturing, and distribution of stainless-steel commercial kitchen equipment under its proprietary “Li Bang” brand in China. In addition to its product offerings, the Company delivers comprehensive services, ranging from the initial design phase of commercial kitchen appliances to equipment installation and subsequent after-sales maintenance. Driven by a commitment to innovation and superior quality, the Company utilizes contemporary production facilities and established operational procedures, aiming to become a premier manufacturer of commercial kitchen appliances in China. The Company’s long-term objective is to establish itself as a recognized household name, synonymous with the products it produces. For further information, please visit the company’s website at .
Forward Looking Statements
Certain statements contained within this announcement are classified as “forward-looking” statements, falling under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve inherent known and unknown risks and uncertainties and are predicated on the Company’s current expectations and projections regarding future events that the Company believes could impact its financial condition, operational results, business strategy, and financial needs. Investors can typically identify these forward-looking statements through the inclusion of words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project,” or “continue,” or their negative forms, or other analogous terminology. The Company assumes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events, changed circumstances, or alterations in its expectations, unless legally mandated. While the Company holds the belief that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee their eventual correctness, and the Company advises investors that actual results may diverge significantly from anticipated outcomes, encouraging investors to examine other factors that could influence its future results as detailed in the Company’s financial reports filed with the U.S. Securities and Exchange Commission.
CONTACTS
Li Bang International Corporation Inc.
Investor Relations Department
Email:
WFS Investor Relations
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Phone: +1 628 283 9214
