Industrial vision and industrial robotics solutions
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Lianhe Sowell International Group Ltd Announces Approval of Dual-Class Share Structure by Shareholders
Globenewswireยท 2025-11-07 13:30
Core Points - Lianhe Sowell International Group Ltd held an Extraordinary General Meeting (EGM) on November 6, 2025, where shareholders approved significant proposals regarding the company's share structure and future plans [1][2]. - The company plans to file a new memorandum and articles of association (New M&A) with the Cayman Islands corporate register on November 7, 2025, and expects the re-classified Class A Ordinary Shares to begin trading on Nasdaq around November 10, 2025 [2]. Company Overview - Lianhe Sowell International Group Ltd specializes in industrial vision and robotics solutions, focusing on smart transportation, industrial automation, artificial intelligence, and machine vision [3]. - The company is committed to providing comprehensive intelligent solutions and advancing the intelligent transformation of various industries through technological innovation [3]. Share Structure Changes - The EGM resulted in the re-designation of 52,000,000 currently issued ordinary shares into Class A Ordinary Shares on a one-for-one basis, and the re-designation of remaining authorized but unissued ordinary shares into 398,000,000 Class A Ordinary Shares and 50,000,000 Class B Ordinary Shares, with the latter having enhanced voting rights [5]. - The authorized share capital will be adjusted to US$50,000, divided into 450,000,000 Class A Ordinary Shares and 50,000,000 Class B Ordinary Shares [5].