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Ipos overview

KBAT Group Inc. (KBAT)


Company Overview

Proposed Symbol KBAT
Company Name KBAT Group Inc.
Exchange
Share Price $
Employees 97 (as of 03/31/2025)
Status
Shares Offered
Offer amount $21,562,500
Shares Over Alloted
Company Address NO. 5999, MIZHOUDONGLU ZHUCHENG WEIFANG CITY 262500
Company Phone 86 536 6083899
Company Website www.kangbeite.com
CEO Jinliang Wang
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,229,046.00
Shareholder Shares Offered
Shares Outstanding 8,781,250
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002033315
DealId 1341867-114555

Company Description

Located in Shandong Province, China, we specialize in design, manufacturing and sales of customized food packaging machines that are sold to both domestic and international customers through our established sales and distribution channels, according to Frost & Sullivan. We are a market pioneer in China with respect to the manufacturing of thermoforming vacuum packaging machines, vacuum modified atmosphere machines and skin packaging machines, according to Frost & Sullivan. As a significant amount of our customer orders are for customized products, we are highly committed to investing in and improving our research and development capabilities in customizing machines we manufacture and developing new machinery to meet changing customer demands. We are a leading manufacturer of food packaging machines in China in the terms of the achieved level of remaining oxygen, which reaches 0.2-0.5% while the industry standard in China is 1%, according to Frost & Sullivan. Over the years, we have produced a wide array of food packaging machines, primarily consisting of three categories: (i) thermoforming vacuum packaging machines, (ii) vacuum packaging machines, and (iii) modified atmosphere packaging machines and skin packaging machines. We also sell vacuum machine parts and replacement components. Our food packaging machines can be used for packaging, among others, all kinds of cooked and uncooked food, pickles, aquatic product, meat product, bean products, snacks, pharmaceutical products, hardware components, and medical devices. Although the sales to the overseas market only account for a small portion of our total revenue in 2024 and 2025, since we commenced operations, our packaging machines have been exported, directly and indirectly, to various countries, including, among others, United States, Canada, Australia, Mongolia, Kazakhstan, Saudi Arabia, United Arab Emirates, Armenia, Israel, Indonesia, Vietnam, Thailand, South Korea, Bulgaria, Spain, Switzerland, Romania, Greece, Ecuador, Mexico, Cote d’Ivoire, South Africa, Qatar, Hungary, Venezuela, Malaysia and Japan. We have also passed the GB/T19001-2016/ISO9001:2015 quality management system certification and the GB/T24001-20016ISO14001:2015 environment management system certification. Our products have passed the CE certification. The purpose of the GB/T19001-2016/ISO9001:2015 certificate is to signify that an organization has implemented a quality management system that meets the requirement of the Chinese national standard GB/T 19001-2016 which is essentially identical to the international standards ISO9001:2014. The purpose of the GB/T24001-20016ISO14001:2015 certification is to signify that an organization has established and implemented effective environmental management system. The purpose of the CE is to verify that a product meets the European Union’s (EU) safety, health, and environmental protection requirement. Obtaining these certifications is not required but our voluntary action to demonstrate our internal requirements with respect to our quality management system, environmental management system, environment management system and quality control. --- KBAT’s principal executive office is No. 5999, Mizhoudonglu Zhucheng, Weifang City, Shandong Province, China 261000 and its telephone number is +86-5366083899. KBAT’s registered office in the Cayman Islands is Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands. KBAT maintains a website at www.kangbeite.com.