Press Releases September 22, 2026 08:00 AM

Lianhe Sowell International Group Ltd. Signs Strategic Cooperation Agreement with Subsidiary of Chery Group Holding Company to Advance Intelligent Equipment in China’s Automotive Aftermarket

Lianhe Sowell partners with Chery's subsidiary to enhance intelligent automotive aftermarket solutions in China

By Maya Rios
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Lianhe Sowell International Group Ltd., a Nasdaq-listed provider of industrial machine vision and automation solutions, has signed a strategic cooperation agreement with Kumquat Technology Co., a Chery Group subsidiary operating 1,000 4S stores across China. This partnership aims to promote intelligent equipment solutions for 24 automotive aftermarket processes by combining Lianhe Sowell's equipment and Kumquat Technology's automotive parts and extensive distribution network. Demonstration sites will be established to accelerate adoption, with plans to also explore international markets.

Lianhe Sowell International Group Ltd. Signs Strategic Cooperation Agreement with Subsidiary of Chery Group Holding Company to Advance Intelligent Equipment in China’s Automotive Aftermarket
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Key Points

  • Strategic cooperation with Kumquat Technology to advance intelligent automotive aftermarket solutions covering 24 processes.
  • Leverage of Chery Group's nationwide 4S store network (1,000 stores) for promotion and distribution.
  • Plans to establish demonstration sites and explore overseas market opportunities, combining both companies' strengths in intelligent equipment and automotive parts.
  • Impacted sectors include automotive aftermarket services, industrial automation, machine vision technology, and smart transportation.

SHENZHEN, CHINA, Sept. 22, 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 it has entered into a strategic cooperation agreement (the “Agreement”) with Kumquat Technology Co., Ltd. (“Kumquat Technology”), a subsidiary of Chery Group and the operating entity for its nationwide network of 1,000 4S stores, to promote intelligent equipment solutions across China’s automotive aftermarket.

Under the Agreement, the two companies will collaborate on intelligent equipment solutions covering 24 automotive aftermarket processes. Lianhe Sowell will provide complete sets of intelligent operating equipment, while Kumquat Technology will provide supporting automotive parts. The parties will also leverage their respective resources and capabilities to promote the solutions in the domestic market.

Kumquat Technology serves as the operating entity for Chery Group’s nationwide network of 1,000 4S stores, providing automotive aftermarket products and services through its extensive distribution and service network. Under the Agreement, Kumquat Technology will leverage this network to promote Lianhe Sowell’s intelligent equipment products to partner stores and downstream customers.

As part of the cooperation, demonstration sites for Lianhe Sowell’s intelligent equipment will be established at selected locations provided by Kumquat Technology, offering Kumquat Technology’s partner customers opportunities to experience the equipment and supporting product promotion.

Beyond the domestic market, the parties intend to explore overseas opportunities, with Kumquat Technology leading market development and operations and Lianhe Sowell providing products and technical support. The cooperation will also include cross-channel promotion of Kumquat Technology’s automotive aftermarket parts to Lianhe Sowell’s industry customers.

“We are pleased to establish this strategic cooperation with Kumquat Technology and expand the application of our intelligent equipment solutions across the automotive aftermarket,” said Mr. Yue Zhu, Chief Executive Officer and Director of the Company. “By combining Kumquat Technology’s automotive industry resources, channel network and aftermarket capabilities with our capabilities in intelligent equipment and industrial automation, we believe this cooperation can support the adoption of intelligent solutions across automotive aftermarket operations. We look forward to working together to develop a scalable model for intelligent upgrades in China and explore additional opportunities in international markets.”

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 Ltd
Email: [email protected]
WFS Investor Relations Inc.
Email: [email protected] 
Phone: +1 628 283 9214


Risks

  • Dependence on the successful integration and adoption of intelligent equipment by the extensive but diverse 4S store network, which can face operational challenges.
  • Potential uncertainties related to market conditions and the automotive aftermarket demand in China and internationally.
  • Risks related to forward-looking statements about future cooperation outcomes and market expansion, which may not materialize as expected.

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