Li Bang International (LBGJ)
Builds and installs customized commercial kitchens for Chinese institutions and hotels.
Something off on this page? Send us feedback.
Builds customized stainless-steel commercial kitchens in China, earning most revenue from bidding-based integrated projects that combine equipment, installation, and warranty support. A Cayman Islands parent oversees PRC operating subsidiaries, while super-voting shares concentrate control with the CEO and spouse.
Designs, manufactures, installs, and maintains customized stainless-steel commercial kitchens under the Li Bang brand. Integrated project contracts combine layouts, equipment configuration, manufacturing or procurement, installation, testing, training, and warranty support; individual equipment sales provide a smaller retail stream. Customers include state-owned enterprises, schools, hotels, and hospitals, with projects commonly secured through public and private bidding.
Operates through Chinese subsidiaries, with production centered in Jiangyin and after-sales coverage including Nanjing, Suzhou, Shanghai, and Yangzhou. Sales-driven production coordinates design drawings, steel, and externally sourced components to meet delivery dates. The Cayman Islands parent depends on PRC operations and subsidiary distributions, while dual-class shares give the CEO and spouse majority voting control.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Dec 31, 2025Cash & short-term investments $3.4M · Total debt $11.9M · Total assets $60.8M · Shareholders' equity $37.2M
- Revenue
- $6.3M
- Operating income
- −$814.7K
- Net income
- −$581.9K
No dividends on record.
| Institutions3 holders · as of Mar 31, 2026 | 21.93% | 206 ADS | |
| Otherremainder | 78.07% | 731 ADS |
937 ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count is from the company's Jun 2025 annual report; nothing newer is on file here.
The share count has not been confirmed by a second filing; stakes use it as it stands.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Jane Street Group, LLCInstitution | 14.34% | 26,865 ADS | 13Fas of Mar 31, 2026 |
HRT Financial LPInstitution | 6.53% | 12,239 ADS | 13Fas of Mar 31, 2026 |
L1 Global Manager PTY LtdInstitution | 1.07% | 2,000 ADS | 13Fas of Mar 31, 2026 |
Feng Huang1Insiderdirector, officer: Chief Executive Officer | — | — | Form 4filed Aug 19, 2026 ↗ |
Funa Li1Insiderdirector | — | — | Form 4filed Aug 19, 2026 ↗ |
- This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | Feng Huang | director, officer: Chief Executive Officer | +73,147 | $3.40 |
| Aug 17, 2026 | Funa Li | director | +15,088 | $3.40 |
| Jul 28, 2026 | HRT Financial LP | 10 percent owner | −1,086,186 | $0.0280 |
| Jul 24, 2026 | HRT Financial LP | 10 percent owner | −391,577 | $0.0290 |
| Jul 27, 2026 | HRT Financial LP | 10 percent owner | +1,068,671 | $0.0260 |
- Middleby
Commercial-kitchen rival with China operations and institutional-hotel reach.
- Illinois Tool Works
Hobart portfolio overlaps cooking, ventilation, warewashing and service.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Li Bang International | $3.08 | −1.10% | $2.9K | — | — | 0.0 | — |
| Middleby | $111.64 | −0.76% | $5.08B | — | 15.0 | 1.4 | −10.5% |
| Illinois Tool Works | $270.27 | +0.43% | $77.42B | 24.4 | 22.8 | 4.7 | +6.1% |
| Median | 24.4 | 18.9 | 3.1 | −2.2% |




