Li Bang International Corp Inc. (NASDAQ: LBGJ)

Li Bang International Corporation Inc. designs, develops, manufactures and sells stainless steel commercial kitchen equipment in China under its Li Bang brand.

The company also provides integrated design, installation and after sales service solutions for its customers.

Revenue is derived mainly from the sale of commercial kitchen equipment such as cooking appliances, ventilation systems, waste processors and related accessories.

Design, installation and after sales support are included in the contract price and do not generate separate revenue streams.

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Li Bang International Corporation Inc. operates in a competitive Chinese commercial kitchen appliance industry that includes players such as Shanghai Jiuzong Restaurant Equipment, Shanghai Dingda Stainless Steel Kitchen Equipment, Hangzhou Jiulong Kitchenware, Hangzhou Zhongxin Stainless Steel Products, Wuxi Jinda Kitchen Equipment, Nanjing Guanglong Kitchen Equipment and Engineering, Yangzhou Hainiu Kitchen Equipment and Nanjing Huayi Hotel Equipment Manufacturing.

The company’s competitive advantages stem from its robust research and development pipeline, which includes 69 granted patents and 19 registered trademarks, and its status as a recognized high tech enterprise eligible for a 15% preferential corporate income tax rate.

Its products are certified for energy efficiency and environmental protection and are featured in the government energy saving equipment catalogue, enhancing brand reputation and customer trust.

The company serves a diverse customer base comprising international hotels, corporations, public institutions, educational institutions and hospitals across China.

Specific named customers include Shanghai Guangfulin Hilton Hotel, Changshu Longteng Hilton Hotel, Chongqing Conrad Hotel and Yancheng Marriott Hotel.

Revenue composition for the fiscal year ended June 30, 2025 was approximately 12.3 percent from hotels, 15.3 percent from schools and educational institutions, 10.8 percent from hospitals, 37.7 percent from other state owned enterprises and 23.9 percent from other enterprises.