SHENZHEN, China, April 03, 2025 — Lianhe Sowell International Group Ltd (NASDAQ: LHSW), a provider of machine vision technology, commenced trading on the Nasdaq on April 3, 2025, after an initial public offering that generated $8 million in gross proceeds. The company intends to use its advanced industrial machine vision technologies and strategic plan to accelerate its growth within the expanding market for equipment upgrades in crucial sectors, including automotive, biopharmaceuticals, logistics, aerospace, and shipbuilding.
Technological Excellence Anchored in Innovation
Lianhe Sowell’s 17-year history in the industrial machine vision field is built upon nine core technologies. These technologies combine sophisticated algorithms with integrated hardware and software to provide precise solutions. The company’s primary areas of expertise include:
- Image Processing Technology: This technology allows for the detection of extremely small defects in electronics manufacturing by analyzing surface imperfections in real-time, achieving an accuracy of 0.1mm with inspection speeds up to 0.5 seconds.
- Sound Imaging Technology: By applying phased-array principles to map sound fields, this technology improves safety monitoring in industrial environments by identifying anomalies such as equipment failures or dangerous noises.
- Video Analysis and Recognition Technology: Using neural networks to analyze behavior in real-time in high-risk settings, this technology can identify safety violations in chemical plants or improve traffic flow through intelligent transportation systems.
- Nine-Axis Robotic Integration: This combines machine vision with flexible 6-axis robotics for applications like automotive spray painting. The company’s Nine-Axis Linkage Spray Painting Robots offer high precision. The technology’s adaptability makes it suitable for various industrial spray-painting applications, enabling automated processes across multiple production lines.
Strategic Growth Fueled by US IPO Proceeds
The recent IPO in the US has provided the company with significant capital to advance its growth plans. A large portion of the funds will be used to increase the production of its Nine-Axis robots and to complete the establishment and assembly of the robot production line. The facility is projected to produce 4,000 – 8,000 robotic units each year by 2028, targeting the automotive repair sector and related industries like welding and polishing.
Lianhe Sowell also intends to allocate the IPO proceeds to its machine vision business, which includes industrial machine vision, face recognition, AI behavior analysis, weak current intelligence, and electronic customs clearance. These investments will support research and development of new products and expansion into new markets, according to its filings.
Financial Strengths and Future Expansion
Lianhe Sowell’s IPO represents a crucial stage in its evolution. The company has demonstrated strong financial results, maintaining rapid growth during the fiscal year ending March 31, 2024. Revenue increased by 180% from March 2023 to March 2024, reaching $36.6 million, while net income increased by 75% during the same period.
Following the IPO, Lianhe Sowell plans to dedicate 45% of the offering proceeds to expanding its spray-painting robot business. This includes the initial installation of production equipment and machinery for an internal production and assembly line for Nine-Axis Linkage Spray Painting Robots. The company will also grow its technical and sales teams to maintain its leadership position in China’s industrial vision robotics market and to meet the rising demand for automation solutions in the automotive aftermarket.
Company: Lianhe Sowell International Limited
Contact Person: Iris Wu
Email: sowellrobot@sowellrobot.com
Website: http://www.sowellrobot.com/
Telephone: +86 19154951787
City: Shenzhen, China
Photos accompanying this announcement are available at :
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