Lianhe Sowell International Group Receives LOI From Hangzhou Yuhang Economic Development Equity Investment Fund For Funding Of No More Than RMB200 Mln

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Lianhe Sowell International Group Ltd. Ordinary Shares

LHSW

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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.

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