Lianhe Sowell International Group Ltd reports developments as a China-based provider of industrial machine vision products and AI-enabled solutions. Company updates center on automatic optical inspection systems for electronics manufacturing, software and electronic-product sales, robotic automation, and specialized devices that apply machine vision, sensors, and artificial intelligence to industrial and service uses.
Recurring announcements include supply agreements and procurement awards for 3D AOI equipment, electronic testing instruments, rehabilitation devices, and AI-powered robotic systems. News also covers Nasdaq listing compliance, shareholder approvals, board and governance changes, and other capital-structure actions tied to the company's Cayman Islands issuer status and Nasdaq listing.
Lianhe Sowell International Group (LHSW) will implement a 1-for-8 share consolidation, with split-adjusted trading beginning October 26, 2026.
The consolidation covers both Class A and Class B ordinary shares. Class A shares will continue trading on the Nasdaq Capital Market under LHSW. The company gives maintaining its Nasdaq listing as the objective. Outstanding Class A shares will move from 22,878,354 to approximately 2,859,795, and Class B shares from 2,587,500 to approximately 323,438, subject to fractional-share rounding. Fractional shares will be rounded up to whole shares. Ownership percentages will remain unchanged except for those adjustments. Shareholders approved the consolidation on May 28, 2026, and the board approved it on October 6, 2026.
Lianhe Sowell International Group (Nasdaq: LHSW) secured a RMB23.84 million Malaysian sales contract through its subsidiary Shenzhen Sowell Technology Development. The contract with NMS Robotics covers 80 sets of AI spray painting robots for automotive aftermarket applications, with deliveries in batches. Shenzhen Sowell will also provide installation, commissioning, operator training and after-sales support.
Separately, the subsidiary signed a contract with Rowley Spraybooths Midlands in the United Kingdom for one spray painting robot with automated gun changing, gun cleaning and paint cup changing systems. These are the company’s first orders in Malaysia and the UK.
Lianhe Sowell International Group (LHSW) signed a strategic cooperation agreement with Kumquat Technology, a Chery Group subsidiary operating a nationwide network of 1,000 4S stores in China’s automotive aftermarket.
Under the agreement, Lianhe Sowell will supply complete sets of intelligent operating equipment for 24 automotive aftermarket processes, while Kumquat Technology will provide supporting automotive parts and use its 4S network to promote these solutions to partner stores and downstream customers. The partners will set up demonstration sites at selected locations, explore overseas markets with Kumquat Technology leading market development, and conduct cross-channel promotion of Kumquat’s aftermarket parts to Lianhe Sowell’s industry customers.
Lianhe Sowell International Group (Nasdaq: LHSW) has closed a best-efforts follow-on public offering of 7,638,889 units at $1.44 per unit, generating total gross proceeds of $11,000,000.16 before fees and expenses.
Each unit consists of one Class A ordinary share and three warrants, each warrant exercisable for one Class A ordinary share at $1.66, with a 6‑month term. The maximum number of shares issuable upon warrant exercise is 22,916,667. Shares and warrants are immediately separable. The company plans to use net proceeds to fund research and development for new products, market expansion, and for general corporate purposes and working capital.
Lianhe Sowell International Group (LHSW) priced a best-efforts follow-on public offering of 7,638,889 units at $1.44 per unit for total gross proceeds of about $11 million, before fees and expenses.
Each unit comprises one Class A ordinary share and three warrants, each warrant exercisable for one Class A ordinary share at $1.66, with a 6‑month term from the closing date. Up to 22,916,667 Class A ordinary shares may be issued upon warrant exercise. The units themselves have no stand‑alone rights and will not be certificated. The offering is expected to close on or about September 3, 2026, subject to customary conditions, with R. F. Lafferty & Co. acting as sole placement agent. The company plans to use the proceeds mainly for R&D, market expansion, and general corporate and working capital purposes.
Lianhe Sowell International Group (Nasdaq: LHSW) reported fiscal 2026 revenues of $43.27 million, up 18% from 2025. Electronic products revenue rose 40% to $30.85 million (71% of total), while software revenue fell 15% to $12.42 million (29% of total).
Cost of revenues increased 26% to $34.01 million, keeping gross profit broadly flat at $9.26 million, but overall gross margin declined from 26% to 21%. Operating expenses surged 148% to $16.08 million, mainly from higher G&A and R&D, leading to a net loss of $5.65 million versus $3.18 million net income in 2025. Cash and cash equivalents rose to $1.89 million. The company highlighted new robotics products and overseas contracts, including a $1.8 million steam car-wash robot deal in the US and automotive painting robot orders in Thailand and multiple African regions.
Lianhe Sowell International Group (Nasdaq:LHSW) signed supply agreements for AI-powered automotive painting robots and spray booth systems in West and Southern Africa.
The Company will deliver 10 robots to a West African automotive maintenance group and launch a pilot deployment in South Africa, supporting intelligent automation, workplace safety, and a platform for broader African market expansion.
Lianhe Sowell International Group (Nasdaq: LHSW) announced a 1-for-16 share consolidation of its Class A and Class B ordinary shares, effective at the start of trading on June 22, 2026.
The move, aimed at maintaining its Nasdaq Capital Market listing, keeps the same ticker but introduces a new CUSIP G5480C112. Every 16 ordinary shares of US$0.0001 par value will convert into one share of US$0.0016 par value. Fractional shares will not be issued and will be rounded up to the next whole share. Outstanding shares will change from 52,000,000 to about 3,250,000 Class A and from 3,000,000 to about 187,500 Class B, subject to rounding, without materially changing each holder’s percentage ownership except for fractional adjustments.
Lianhe Sowell International Group (Nasdaq:LHSW) signed a supply agreement with a Thailand distributor for an initial batch of 10 AI-powered automotive painting robots.
The robots will serve Thailand and ASEAN aftermarket services, supporting Southeast Asia expansion, workplace safety, and future growth with expected additional deliveries by end of 2026.
Lianhe Sowell International Group (Nasdaq:LHSW) reported that shareholders approved all five resolutions at the May 29, 2026 extraordinary general meeting.
Approvals include a 16:1 share consolidation, an increase in authorized share capital to US$80,000,000, adoption of amended governance documents, and authorization for additional future share consolidations over two years.