Lianhe Sowell International Group (LHSW) said Thursday it signed agreements with seven equipment sales agents to sell 500 nine-axis linkage spray painting robots for about 200 million Chinese renminbi ($27.9 million).
Delivery of the robots is expected to be completed by Q1 of 2026, the company said, adding these are the first major contracts it signed after its April listing on Nasdaq.
The robots will have a 3D vision recognition system, enabling real-time surface mapping and providing coating uniformity, Lianhe Sowell added.
Shares of the company were up 2.1% in recent trading.
Price: 2.46, Change: +0.05, Percent Change: +2.07
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