Li Bang International shares surge 20.65% intraday as shareholders approve board reappointments and capital structure changes.

Li Bang International surged 20.65% intraday following its Annual General Meeting of Shareholders on December 30, 2025, where shareholders overwhelmingly approved the reappointment of all five directors and confirmed Wei, Wei & Co., LLP as the independent auditor. The meeting also authorized a broad share consolidation range (1-for-5 to 1-for-5,000) and a significant increase in Class A share capital to 3.15 billion shares. These measures, aimed at enhancing capital structure flexibility and addressing listing compliance, signaled strong governance continuity and investor confidence in management’s strategic direction, directly driving the intraday price rally.