LBGJ News

Li Bang International, a Chinese commercial kitchen equipment producer, announced terms for its IPO on Friday. The Jiangyin, China-based company plans to raise $25 million by offering 5 million shares at $5. At the proposed price, Li Bang International would command a market cap of $110 million. The firm manufactures commercial kitchen equipment in China under the “Li...read more

Li Bang International, which manufactures commercial kitchen equipment in China, filed on Thursday with the SEC for a $17 million initial public offering. The firm manufactures commercial kitchen equipment in China under the “Li Bang” brand. Through its subsidiaries, Li Bang also offers services such as commercial kitchen design, equipment installation, and after-sales...read more