In This Article:
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.
Innovation Through Technology: R&D Boost
As an emerging player in China’s industrial robotics sector, the Company specializes in intelligent collaborative robots, high-precision robotic arms, and vision-only systems. The Company plans to allocate 50% of the investment to develop new product lines, including industry-specific robotics solutions for automotive, bio pharmaceutical, and construction sectors, while continuing the effort to enhance the intelligence and flexibility of existing products.
In September 2024, the Company entered into an agreement for in-depth collaboration with Zhejiang University’s High-End Equipment Institute, pursuant to which the Company is able to secure robust technical support and a talent pipeline. This investment will further solidify its technological strength and enable large-scale production capabilities in Zhejiang Province，China—a hub for robotics innovation.
Manufacturing Expansion: Strengthening Production Capacity
Beyond R&D, part of the funding will be used to establish a manufacturing base for standardized products like intelligent painting robots and specialized industrial robots. The planned 40,000-square-meter facility is expected to increase annual production capacity to 10,000 industrial robots while enabling rapid delivery of customized solutions.
About Lianhe Sowell International Group Ltd
Lianhe Sowell International Group Ltd (Nasdaq: LHSW) provides industrial vision and industrial robotics solutions. With expertise in the field of machine vision and intelligent equipment, the Company specializes in smart transportation, industrial automation, artificial intelligence, and machine vision. Committed to offering comprehensive intelligent solutions to customers worldwide, the Company continuously advances the intelligent transformation of various industries through technological innovation. For more information, please visit: http://www.sowellrobot.com/