JIANGYIN, China, April  28, 2026  (GLOBE NEWSWIRE) -- Li Bang International Corporation Inc. (&#34;Li Bang International&#34;) and its subsidiaries (collectively, the &#34;Company,&#34; &#34;we,&#34; &#34;us,&#34;

LBGJ

Li Bang International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

Li Bang International Regains Nasdaq Compliance, Boosting Investor Confidence

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>JIANGYIN, China, April  28, 2026  (GLOBE NEWSWIRE) -- Li Bang International Corporation Inc. (&amp;#34;Li Bang International&amp;#34;) and its subsidiaries (collectively, the &amp;#34;Company,&amp;#34; &amp;#34;we,&amp;#34; &amp;#34;us,&amp;#34;</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Li Bang International Corporation has regained compliance with Nasdaq&#039;s minimum bid price, closing above $1.00 for 20 consecutive days. This news is likely to improve investor confidence and stabilize the stock price, paving the way for potential future growth in the Chinese kitchen equipment market.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>LBGJ has regained compliance with Nasdaq listing requirements.</li><li>Company’s stock price met $1.00 per share for 20 days.</li><li>Previously, LBGJ was non-compliant since November 2025.</li><li>Compliance closure is a positive signal for investor confidence.</li><li>LBGJ aims to become a top kitchen equipment manufacturer in China.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Li Bang International Corporation Inc. (LBGJ)</strong>: Regained compliance enhances credibility and investment potential.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls into the &#039;Corporate Developments&#039; category as it directly influences LBGJ’s compliance status with Nasdaq, impacting financial stability and investor sentiment significantly.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Regaining compliance with Nasdaq could lead to increased investor interest in LBGJ.</li><li>The company now avoids delisting risks, stabilizing market sentiment and stock price.</li><li>Potential for future growth as a leading kitchen equipment manufacturer in China.</li><li>Positive compliance news may lead to increased trading volume and price support.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>LBGJ regained compliance on April 28, 2026.</li><li>Stock price remained above $1.00 for 20 consecutive business days.</li><li>Non-compliance notification received on November 7, 2025.</li><li>Nasdaq Listing Rule 5550(a)(2) was the regulatory concern addressed.</li><li>Li Bang specializes in stainless steel commercial kitchen equipment.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>LBGJ could see upward price momentum in the near term due to regained compliance.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">JIANGYIN, China, April  28, 2026  (GLOBE NEWSWIRE) -- Li Bang International Corporation Inc. (&#34;Li Bang International&#34;) and its subsidiaries (collectively, the &#34;Company,&#34; &#34;we,&#34; &#34;us,&#34; &#34;our company,&#34; or &#34;Li Bang&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/LBGJ">LBGJ</a>), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced that on April 28, 2026, the Company received a formal notification letter from the Nasdaq Listing Qualifications Department confirming that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market.</p>  <p align="justify">Previously on November 7, 2025, Nasdaq notified the Company that its listed securities failed to maintain a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, as required by the Nasdaq Listing Rule 5550(a)(2).</p>  <p align="justify">The recent notification from Nasdaq indicated that for the 20 consecutive business days from March 30, 2026, to April 27, 2026, the closing bid price of the Company&#39;s Class A Ordinary Shares was at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and Nasdaq has stated that this matter is now closed.</p>  <p align="justify"><b>About Li Bang International Corporation Inc.</b></p>  <p align="justify">Li Bang International Corporation Inc. specializes in the development, production, and sale of stainless-steel commercial kitchen equipment under its own &#34;Li Bang&#34; brand in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Committed to innovation and high-quality, the Company uses modern production facilities and mature procedures and strives to become a first-class commercial kitchen appliance manufacturer in China. The Company&#39;s long-term vision is to establish itself as a household name, synonymous with the products it manufactures. For more information, please visit the company&#39;s website at <a href="https://www.globenewswire.com/Tracker?data=_hMOJGtS6vwiUksQ8Kisr1VGD39OgA8pDKOhmeGhZug-55G5d5cVR7aN-o1mud8bZparpCsh4k_D4XcQUqAD3FoPHs9vYBVFBPfvtwMYCR8=" rel="nofollow" target="_blank">https://ir.libangco.cn</a>.</p>  <p align="justify"><b>Forward Looking Statements</b></p>  <p align="justify">Certain statements in this announcement constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may", "could", "will", "should", "would", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", "project" or "continue" or the negative of these terms or other comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company&#39;s financial results filings with the U.S. Securities and Exchange Commission.</p>  <p align="justify"><b>CONTACTS</b><br></br><b>Li Bang International Corporation Inc.</b><br></br>Investor Relations Department<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=nHbbzNdzMqvBh6JLZQQVcFYTpHaCUiRmmI0QDwGKND9uhKaT75FKBhbnkEeuVT9ClIHrvvudWBz9FbFxe7Qn-TYuoCdeqOKFupAHMdXmjb8=" rel="nofollow" target="_blank">guanli@libangco.cn</a></p>  <p align="justify"><b>WFS Investor Relations</b><br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=BtE8i6b7Uf_5HcziKyUucYt9vtCYd-m7MDrK4kjXE2wLcADFfxupnl8q4FP6t0TVUETpzBWnIxzf1PgaHsPVcZXG4xEvM1i90c6Pm-V_eSx05HRqVEYcZtrFkc5KvL4_" rel="nofollow" target="_blank">services@wealthfsllc.com</a><br></br>Phone: +1 628 283 9214</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcwODY4NiM3NTcwODE2IzUwMDEyOTMxMQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YjNjZjYwYWUtNzI5Mi00Y2QxLWJjY2ItOTYxYjNkN2JkZTNlLTUwMDEyOTMxMS0yMDI2LTA0LTI4LWVu/tiny/Li-Bang-International-Corporat.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/8aadaf59-c7ac-49ac-917c-690e8e01f3bc"><img src="https://ml.globenewswire.com/media/8aadaf59-c7ac-49ac-917c-690e8e01f3bc/small/lbgj-logo-png.png" border="0" width="100" height="103" alt="Primary Logo"></img></a></p>

Li Bang International Corporation has regained compliance with Nasdaq's minimum bid price, closing above $1.00 for 20 consecutive days. This news is likely to improve investor confidence and stabilize the stock price, paving the way for potential future growth in the Chinese kitchen equipment market.

Li Bang International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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