News Image

Lianhe Sowell International Group Ltd Received Letter of Intent for Investment from A Large Investment Fund in China

Provided By GlobeNewswire

Last update: May 12, 2025

Fueling R&D of New Industrial Robots and Asia-Pacific Manufacturing Base Expansion

Shenzhen, China, May 12, 2025 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company”), a provider of machine vision products and solutions applied in a wide range of businesses across industries in China, today announced it received a letter of intent (the “LOI”) from a large investment fund in China, Hangzhou Yuhang Economic Development Equity Investment Fund (the "Fund"), for a funding of no more than RMB200 million. The Company plans to apply the investment primarily to support the R&D of its next-generation industrial robots and the construction of the Company’s manufacturing base in Hangzhou, Zhejiang province. The LOI is non-binding and the final investment terms will be subject to a definitive agreement between the Company and the Fund.

Read more at globenewswire.com

LIANHE SOWELL INTERNATIONAL

NASDAQ:LHSW (10/9/2025, 9:24:13 PM)

2.15

-0.04 (-1.83%)



Find more stocks in the Stock Screener

Follow ChartMill for more