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

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.