Li Bang International proposes par value cut, share cancellation in capital reorganization plan

• Li Bang International outlined a share capital reorganization that cuts par value on all Class A and Class B shares to USD 0.00001 from USD 0.002.
• The plan cancels USD 0.00199 of paid-up capital per issued share, moving the resulting credit to a distributable reserve.
• Authorized but unissued shares would be subdivided 200-for-1 to match the new USD 0.00001 par value.
• Unissued shares would then be cancelled to reset authorized share capital to USD 35,000 split into 3,150,000,000 Class A and 350,000,000 Class B shares.
• A separate proposal would lift authorized share capital to USD 7 million via 3,150,000,000 Class A and 350,000,000 Class B shares at USD 0.002 par value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li Bang International Corporation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-041259), on September 02, 2026, and is solely responsible for the information contained therein.