LHSW

SHENZHEN, China, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company”, or “Lianhe Sowell”), a provider of industrial machine vision products and solutions in China, today announced its financial results for the fiscal year ended March 31, 2026. Key Financial Performance Metrics of Fiscal Year 2026 Total revenues increased by 18% year-over-year to $43.27 million, up from $36.54 million in fiscal year 2025. Gross profit was approximately $9.26 million for the fiscal year ended March 31, 2026, compared to approximately $9.58 million in 2025, with gross margin decreased to 21% from 26%. Operating expenses rose 148% to $16.08 million compared to $6.50 million in 2025, driven by strategic growth investments. Net loss for the fiscal year ended March 31, 2026 was $5.65 million, compared to a net income of approximately $3.18 million in 2025, reflecting heavy planned investments into research and development, and operational expansion in overseas markets. Management Commentary “Fiscal year 2026 was a pivotal period of top-line expansion and strategic foundational investment. Total revenues grew 18% year-over-year to approximately $43.27 million, driven by a 40% surge in electronic product sales reflecting robust market demand and several large project wins,” said Mr. Yue Zhu, Chief Executive Officer and Chairman of the Board of the Company. “While we maintained a stable 21% gross margin, our commitment to future market leadership required substantial near-term investments, especially to overseas markets expansion. We reported a net loss of approximately $5.65 million this fiscal year, driven by a 148% increase in operating costs to fund key research and business expansion. However, these strategic investments have supported our latest initiatives. We successfully developed two new products, a high-temperature steam car wash robot and an automated fueling robot, and have secured supply contracts in the US, South Korea, Thailand, France, Central America and across West, South, and East Africa.” “Operationally, we achieved breakthrough innovations that significantly expand our competitive moat. We successfully commercialized our proprietary Nine-Axis Linkage Spray Painting Robot and other automated service robotics, driving market adoption and plan to employ an innovative ‘Leasing Cooperation Revenue Sharing’ model that lowers customer entry barriers. Concurrently, we fortified our R&D pipeline through strategic partnerships with leading institutions, accelerating our expansion into high-value sectors such as medical machine vision.” “Looking ahead, Lianhe Sowell is transitioning into a phase of aggressive commercialization. Building on our fruitful overseas expansion, which has already secured robot supply projects in the US, France, South Korea, Thailand, Central America and across West, South, and East Africa, we will continue to advance our strategy in key international markets while securing the capacity to meet anticipated demand. By broadening our industrial robotics portfolio and adapting our facial recognition technology for consumer smart devices, we are well-positioned to expand our total addressable market and drive sustainable shareholder value.” Selected Fiscal Year 2026 Financial Results Revenue Total revenues increased by 18%, or approximately $6.73 million, from approximately $36.54 million in 2025 to approximately $43.27 million for the fiscal year ended March 31, 2026. The growth was driven by a 40% increase in revenue from electronic products, which rose to approximately $30.85 million from approximately $21.97 million, supported by expanded market penetration and several large projects gained during the year. Software revenue decreased 15% to approximately $12.42 million from approximately $14.57 million in 2025. The following table presents revenues by revenue categories for the years ended March 31, 2026 and 2025, respectively: Cost of Revenues and Margins Cost of revenues increased by 26%, or approximately $7.05 million, to approximately $34.01 million in 2026 from approximately $26.96 million in 2025. Cost attributable to electronic products rose 39% to approximately $27.23 million, while cost attributable to software declined 8% to approximately $6.78 million. Gross profit was approximately $9.26 million compared to approximately $9.58 million in 2025. Overall gross margin decreased from 26% to 21%, primarily due to a revenue shift toward electronic products, which carry a lower gross margin than software. Additionally, software gross margin decreased from 49% to 45%, partially offset by an increase in electronic products gross margin from 11% to 12%. Operating Expenses Selling Expenses Selling expenses increased 39% to approximately $1.09 million from approximately $0.78 million in 2025, driven by higher advertising and promotional spending to support business growth, partially offset by a $0.15 million or 32% decrease in salary and welfare expenses. General and Administrative (G&A) Expenses G&A expenses climbed 219%, rising from approximately $2.25 million in 2025 to approximately $7.19 million for the year ended March 31, 2026. This increase was primarily driven by approximately $2.26 million in newly incurred marketing research and consultancy fees to support successful overseas expansion, which help us gain some overseas customers and new sales contracts in the subsequent period, as well as approximately $1.30 million in share-based compensation to the Company’s CEO and shareholder, to compensate them for their contribution to the Company and also secure the service to our long term development. Research and Development (R&D) Expenses R&D expenses rose by 126%, or approximately $4.35 million, from approximately $3.46 million in 2025 to approximately $7.81 million in 2026. This was largely attributable to a 141%, or approximately $4.02 million increase in third-party R&D service fees. Net Income (loss) As a result of the factors described above, net loss for the year ended March 31, 2026, was approximately $5.65 million, compared to a net income of approximately $3.18 million for the year ended March 31, 2025. Cash and equivalents Cash and cash equivalents increased significantly to approximately $1.89 million as of March 31, 2026, compared to approximately $0.11 million as of March 31, 2025. Recent Commercial Traction & Project Wins June 24, 2026, the Company secured African sales orders, including an agreement to deliver 10 AI-powered automotive painting robots to a maintenance group in West Africa, alongside a separate pilot project deploying one robot for trial use with a spray-coating company in South Africa. June 8, 2026, the Company signed supply agreement in Southeast Asia to supply ten AI-powered automotive painting robots to a Thai distributor, marking a major milestone in its Southeast Asian expansion. To support growing regional demand for its robots, the Company plans to open localized service centers and anticipates further ASEAN deliveries by late 2026. March 30, 2026, the Company signed a $1.8 million contract with HECA Group, Inc., a California-based company, to develop an automated artificial intelligence-powered steam car-wash robot for the customer, further advancing the Company’s strategy to commercialize water-saving cleaning solutions into the North American market. 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: ir.cnsoftwell.com. Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risk factors discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Lianhe Sowell International Group LtdEmail: [email protected] WFS Investor Relations Inc.Email: [email protected] Phone: +1 628 283 9214 LIANHE SOWELL INTERNATIONAL GROUP LTDCONSOLIDATED BALANCE SHEETSAS OF MARCH 31, 2026 and 2025 (Stated in US Dollars) LIANHE SOWELL INTERNATIONAL GROUP LTDCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOMEFOR THE YEARS ENDED MARCH 31, 2026, 2025 AND 2024 (Stated in US Dollars) LIANHE SOWELL INTERNATIONAL GROUP LTDCONSOLIDATED STATEMENTS OF CASH FLOWSFOR THE YEARS ENDED MARCH 31, 2026, 2025 AND 2024 (Stated in US Dollars)

SHENZHEN, CHINA, May 29, 2026 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company”), a provider of industrial machine vision products and solutions in China, today announced that at its extraordinary general meeting of shareholders (the “Meeting”) held at 15th Floor, Sannuo Smart Building, No. 3388 Binhai Ave, Binhai Community, Nanshan District, Shenzhen, China on May 29, 2026 (Beijing Time), shareholders of the Company approved each of the five proposed resolutions set out in the notice of extraordinary general meeting (the “Meeting Notice”), namely, Proposal No.1 – First Share Consolidation Proposal: with effect as of the date of this resolution: with such consolidated Shares having the same rights and being subject to the same restrictions (save as to par value) as the existing Shares of such class as set out in the Company’s memorandum and articles of association (the “First Share Consolidation”, together with the Future Share Consolidations, the “Share Consolidations”); any one director or officer of the Company be and is hereby authorized, for and on behalf of the Company, to do all such other acts or things necessary or desirable to implement, carry out, and give effect to the First Share Consolidation, if and when deemed advisable by the Board in its sole discretion. Proposal No.2 – Share Capital Increase Proposal: to consider and, if thought fit, pass the following ordinary resolution: It is resolved, as an ordinary resolution, that subject to and immediately following the First Share Consolidation being approved by shareholders and effected, the Company’s authorised share capital be increased from US$50,000.00 divided into 28,125,000 Class A Ordinary Shares with a par value of US$0.0016 each and 3,125,000 Class B Ordinary Shares with a par value of US$0.0016 each to US$80,000,000 divided into 45,000,000,000 Class A Ordinary Shares with a par value of US$0.0016 each and 5,000,000,000 Class B Ordinary Shares with a par value of US$0.0016 each (the “Share Capital Increase”). Proposal No.3 - A&R M&A Proposal: to consider and, if thought fit, pass the following special resolution: It is resolved, as a special resolution, that subject to and immediately following the First Share Consolidation and the Share Capital Increase being effected, the Company adopting an amended and restated Memorandum and Articles of Association (the “A&R M&A”) in the form as set forth in Annex A of the Meeting Notice in substitution for, and to the exclusion of, the Company’s existing Memorandum and Articles of Association, to reflect the First Share Consolidation and the Share Capital Increase. Proposal No. 4 – Future Share Consolidations Proposal: to consider and, if thought fit, pass the following ordinary resolution: Proposal No. 5 – Future M&A Amendment Proposal: to consider and, if thought fit, pass the following special resolution: It is resolved, as a special resolution, that subject to and immediately following a Future Share Consolidation being effected, the Company adopt an amended and restated memorandum and articles of association in substitution for, and to the entire exclusion of, the Company’s then existing memorandum and articles of association, to reflect the relevant Future Share Consolidation (the “Future M&A Amendment”). The Meeting Notice had been furnished on May 15, 2026 to the Securities and Exchange Commission under cover of a Form 6-K and timely disseminated to shareholders and holders of the Company’s American depositary shares prior to the meeting. 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: https://sowellai.com/. Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risk factors discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Lianhe Sowell International Group LtdEmail: [email protected] WFS Investor Relations Inc.Email: [email protected] Phone: +1 628 283 9214

SHENZHEN, China, Jan. 26, 2026 /PRNewswire/ -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the "Company"), a provider of industrial machine vision products and solutions in China, today announced its strategic plan to invest in and establish its first Specialized Industry Robotics Industrial Headquarters Base in the United Arab Emirates, ("UAE") marking a significant milestone in the Company's global expansion strategy and the advancement of its artificial intelligence–driven robotics business. According to the strategic plan, the UAE-based headquarters will bring together research and development, manufacturing, and global sales for the Company's specialized industry robotics business, serving customers across international markets. The project will focus on providing high-quality and reliable robotic solutions across several specialized areas, including automotive spray-painting, high-altitude operations, underwater operations, hazardous chemical environments, and remote medical applications. These solutions are intended for use across a wide range of sectors, including industrial manufacturing, energy and chemical processing, public safety, healthcare, and high-end service industries. Located in the UAE, the headquarters is expected to serve as a regional hub supporting the Company's operations across Asia, Europe, the Americas, and Africa, with a focus on major global markets. The total planned investment for the project is expected to be approximately US$200 million. The project is expected to have a construction period of approximately 18 months and, upon completion, is designed to support an annual production capacity of approximately 50,000 to 80,000 specialized industry robots. Through the establishment of this regional industrial headquarters, the Company aims to better integrate global innovation resources, strengthen its research and manufacturing capabilities, and support the commercialization and international rollout of its advanced robotics technologies. Mr. Dengyao Jia, Chairman of the Board of Lianhe Sowell International Group Ltd, commented, "This initiative is a key step in advancing our global strategy and reflects how Chinese high-end manufacturing companies are engaging more deeply in global industrial collaboration and competition. The UAE's strong push toward Industry 4.0 and intelligent manufacturing, together with its supportive policies for advanced manufacturing and artificial intelligence, is creating significant market opportunities. In addition, its strategic location and open business environment make it a natural hub linking Asia, Europe, and Africa." The Company noted that it is actively engaging with local banks and investment funds in the UAE and is seeking financial support for the project. In addition, the Company is exploring potential partnerships and engaging local advisors to prepare for the formation and operationalization of the project. However, given the potential risks and uncertainties associated with the plan, there is no assurances that we will carry out the plan as contemplated or that the contemplated result will be achieved in its entirety. By leveraging favorable policies, a supportive capital environment, and established global logistics and trade networks, Lianhe Sowell aims to tap the significant market potential across the Asia–Europe–Africa region. As the UAE specialized industry robotics headquarters is developed and becomes operational, the Company expects to further strengthen its global operating capabilities, international competitiveness, and brand presence, while delivering safer, more efficient, and more intelligent solutions to customers worldwide. 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/ . Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate," "plan" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, the markets in which the Company operates as well as any information concerning possible or assumed future results of operations of the Company, are also forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, availabilities of potential financing, engagement of relevant advisors and partners, the satisfaction of relevant regulatory and legal licenses and permits, and other risk factors discussed in the Company's filings with the SEC, which are available for review at www.sec.gov, which may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Lianhe Sowell International Group Ltd [email protected] WFS Investor Relations Inc. Email: [email protected] Phone: +1 628 283 9214 View original content to download multimedia:https://www.prnewswire.com/news-releases/lianhe-sowell-international-group-ltd-announces-strategic-plan-to-establish-specialized-industry-robotics-headquarters-in-the-uae-302669935.html

SHENZHEN, China, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company” or “Lianhe Sowell”), a provider of industrial machine vision products and solutions in China, today announced its financial results for the fiscal year ended March 31, 2025. Key Financial Performance Highlights of Fiscal Year 2025 Revenues were approximately $36.54 million in the fiscal year ended March 31, 2025, which remained at the same level of approximately $36.60 million in 2024. Revenue from sales of software increased approximately 177% to approximately $14.57 million, driven by strengthened marketing efforts that resulted in significant customer growth. Revenue from sales of electronic products decreased approximately 30% to approximately $21.97 million, reflecting a strategic move towards product offerings with higher‑margins. Gross profit was approximately $9.58 million in 2025, up from approximately $7.96 million in 2024. Gross margin was approximately 26% in 2025, up about 4 percentage points from 2024, which was driven by increased sales of higher‑margin software . Net income was approximately $3.18 million in 2025, reflecting an increase of approximately 13% as compared to net income in 2024. Mr. Yue Zhu, CEO and Director of the Company commented: “Fiscal 2025 was a year of strategic transformation for Lianhe Sowell. We maintained stable overall revenues while deliberately reshaping our business mix toward higher‑margin software solutions, which nearly tripled in sales. This shift, combined with disciplined cost management, expanded our gross margin by four percentage points and drove double‑digit growth in net income.” “We also accelerated innovation in our industrial robotics line, achieving significant milestones in the commercialization of our new generation automated precision vision spray painting robots, both domestically and internationally. The strong market reception, reflected in major orders and deliveries, reinforces our belief that intelligent, automated solutions will be a major growth driver for years to come.” “Looking ahead, we plan to remain focused on scaling our software and robotics businesses, deepening R&D investment, and executing on our high‑margin growth strategy. With our strengthened product portfolio, robust order pipeline, and the planned expansion of our manufacturing capacity, we are confident in our ability to deliver sustainable value to our shareholders and customers worldwide.” Selected Fiscal Year 2025 Financial Results Revenue Total revenues remained stable, with a slight decrease of approximately $0.06 million, from approximately $36.60 million for the year ended March 31, 2024, to approximately $36.54 million for the year ended March 31, 2025. This was primarily due to a significant increase in software sales, which rose by approximately $9.31 million, or approximately 177%, from approximately $5.27 million in 2024 to approximately $14.57 million in 2025. However, this gain was partially offset by an approximately $9.36 million, or approximately 30%, decline in revenue from electronic product sales, which fell from approximately $31.33 million in 2024 to approximately $21.97 million in 2025. The drop in electronic product sales resulted from the Company’s strategic shift toward higher-margin offerings and a reduction in lower-margin product lines. The surge in software sales was driven by enhanced marketing efforts, including increased investment in advertising and promotion, which led to rapid customer growth during the year ended March 31, 2025. Additionally, no revenue was generated from the engineering project in either year due to its suspension. The following table presents revenues by revenue categories for the years ended March 31, 2025 and 2024, respectively: Cost of Revenues and Margins Cost of revenues primarily consists of (i) labor expenses, including salaries, social insurance, and benefits, for employees engaged in operations and product support, and (ii) associated costs of materials and equipment. For the year ended March 31, 2025, cost of revenues was approximately $26.96 million, reflecting a decrease of approximately $1.67 million, or approximately 6%, from approximately $28.64 million in the year ended March 31, 2024. This reduction was mainly attributable to the decline in electronic product sales, as the Company shifted its sales focus toward products with higher gross margins and reduced sales of lower-margin electronic products during the year ended March 31, 2025. As a result, Lianhe Sowell recorded gross profits of approximately $9.58 million and approximately $7.96 million, with gross margins of approximately 26% and approximately 22% for the years ended March 31, 2025 and 2024, respectively. The overall gross margin increased by approximately 4 percentage points, primarily driven by the growth in software sales, which carry higher margins, during the year ended March 31, 2025 compared to 2024. Operating Expenses Selling Expenses Selling expenses increased by approximately $0.46 million, or approximately 142%, from approximately $0.32 million in 2024 to approximately $0.78 million in 2025, mainly due to higher salary and welfare costs. Salary and welfare rose by approximately $0.32 million, or approximately 222%, driven by the hiring of additional sales staff to support business promotion in 2025. General and Administrative Expenses General and administrative expenses decreased by approximately $0.12 million, or approximately 5%, from approximately $2.37 million in 2024 to approximately $2.25 million in 2025. The decline was primarily due to a reduction in professional fees of approximately $0.29 million, or approximately 41%, mainly from lower payments to the Company’s independent auditor. Meanwhile, provision for doubtful accounts and rental and property management fees increased by approximately $0.06 million, or approximately 5%, and approximately $0.06 million, or approximately 66%, respectively. Research and Development Expenses Research and development expenses were approximately $3.46 million in 2025, up approximately $1.18 million, or approximately 51%, from approximately $2.29 million in 2024. The increase was mainly due to higher spending on third-party R&D services, which rose by approximately $1.23 million, or approximately 76%. Net Income As a result of the foregoing, the Company reported a net income of approximately $3.18 million for the year ended March 31, 2025, compared to a net income of approximately $2.82 million for the year ended March 31, 2024. Recent Developments On July 24, 2025, Lianhe Sowell announced the successful export and commissioning of 10 sets of its new generation automated precision vision spray painting robots (the “Spray-Painting Robots”) to South Korean client MM Motors Co., Ltd. On July 10, 2025, Lianhe Sowell announced the successful delivery of one of its Spray-Painting Robots to Mercedes-Benz Asia’s largest Body & Paint center in Beijing, China. On June 05, 2025, Lianhe Sowell announced entry into sales agreements with seven equipment sales agents for sales of 500 Spray-Painting Robots with full delivery estimated to be completed by Q1 2026. Total sales amount of the order is approximately RMB200 million. On May 12, 2025, Lianhe Sowell announced it received a letter of intent (the “LOI”) from Hangzhou Yuhang Economic Development Equity Investment Fund, for a funding of no more than RMB200 million. The Company plans to use the proceeds primarily to support research and development of its Spray-Painting Robots and in the construction of its manufacturing base in Hangzhou, Zhejiang province. On April 04, 2025, Lianhe Sowell completed an initial public offering on the Nasdaq Capital Market to raise aggregate gross proceeds of $8 million, before deducting underwriting discounts and other offering expenses. 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/ Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risk factors discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Lianhe Sowell International Group Ltd [email protected] WFS Investor Relations Inc. Janice Wang Email: [email protected] Phone: +86 13811768599 +1 628 283 9214