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0.0047619047619049 0.0047619047619049 -0.209523809523809 -0.0999999999999999 -0.142857142857143 -0.0857142857142857 -0.128571428571428 -0.128571428571428
Stock impact report

Li Bang International Announces 1-for-100 Reverse Share Split

Li Bang International Corporation Inc. - Class A Ordinary Shares (LBGJ) 
Company Research Source: GlobeNewswire
JIANGYIN, China, March 24, 2026 (GLOBE NEWSWIRE) -- Li Bang International Corporation Inc. ("Li Bang International") and its subsidiaries (collectively, the "Company," "we," "us," "our company," or "Li Bang") (Nasdaq: LBGJ), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced that it intends to effect a reverse share split of its ordinary shares on a 1-for-100 basis (the “Reverse Share Split”). The Company’s Class A ordinary shares will begin trading on a post-split basis when the market opens on March 27, 2026. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “LBGJ” with a new CUSIP number G5480M110. The Reverse Share Split has been approved by the Company’s shareholders and the Company’s board of directors, and is being effectuated primarily to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) relating to the maintenance of the mi Show less Read more
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