Lianhe Sowell receives LOI for RMB200M investment for robot R&D and Hangzhou plant

Lianhe Sowell International Group Ltd received a non-binding letter of intent from Hangzhou Yuhang Economic Development Equity Investment Fund for up to RMB200 million. The funds will support R&D of next-generation industrial robots and construction of a manufacturing base in Hangzhou, Zhejiang province.

“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.”sec.gov

• 2 sources
• sec.govMay 12, 2025
• globenewswire.comLianhe Sowell International Group Ltd Received Letter ofLianhe Sowell International Group LtdMay 12, 2025

Summarized from public sources; check the original articles before acting on it.