• Li Bang amended a March 2 Form 6-K disclosure on its planned purchase of 51% of Suzhou Yufengyuan Food Distribution.
• New equity transfer agreement dated April 17 removed a two-year 50-50 voting rights arrangement that would have limited control despite a 51% stake.
• Revised terms are intended to strengthen purchaser control over Yufengyuan during post-closing governance.
• Transaction closing remains expected on or before May 30, 2026, subject to registration change procedures in China.

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: 0001493152-26-018448), on April 22, 2026, and is solely responsible for the information contained therein.