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Lianhe Sowell International Group Enters into a Non-binding Term Sheet Regarding $105 Million International Funding to Establish the First AI Robot Manufacturing and R&D Base in UAE
Globenewswireยท 2025-10-21 13:15
Core Insights - Lianhe Sowell International Group Ltd has signed a $105 million financing agreement with Excellent Capital Investments to establish an AI-powered robot manufacturing and R&D base in the UAE, marking a significant step in its global strategy [1][2][3] Investment Details - The total investment for the project is estimated at approximately $132.5 million, with Lianhe Sowell contributing 20% and ECI providing 80% through structured senior secured credit support [2] - The partnership highlights international recognition of Lianhe Sowell's technical expertise and operational capabilities [2] Strategic Importance - The UAE project is a key milestone in Lianhe Sowell's globalization strategy and serves as a benchmark for high-end Chinese manufacturing expansion overseas [3] - The UAE's strategic location and business-friendly environment will be leveraged to build an integrated AI robot base encompassing R&D, production, sales, and export operations [3] Economic Impact - The project is expected to create over 2,000 high-skill local jobs and establish a robotics technology training and certification center to support local talent development [4] - The manufacturing base is projected to have an annual output of several thousand AI robots, contributing to the UAE's "Industry 4.0" strategy [4] Future Outlook - This financing marks Lianhe Sowell's entry into a new phase of international intelligent manufacturing, with the UAE emerging as a key node in the global AI manufacturing ecosystem [5] - The company aims to expand its presence across the Middle East and globally, redefining the industrial landscape by integrating global capital, technology, and market resources [6]