Lianhe Sowell shares surge 11.0% after-hours after securing two procurement bids for medical and testing equipment.

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) surged 10.99% in after-hours trading following announcements that it secured two procurement contracts. The company won bids to supply a lower limb joint rehabilitation device to Shenzhen First People’s Hospital and an ionic contamination tester to the Electronic Engineering Institute of the China Academy of Engineering Physics. These contracts highlight the firm’s capabilities in medical rehabilitation technologies and high-precision testing equipment, with CEO Yue Zhu emphasizing strong market recognition from prestigious institutions. While the press release did not disclose financial terms, the awards underscored the company’s expanding role in healthcare and industrial sectors, driving investor optimism. The after-hours rally aligns with the positive sentiment generated by these procurement wins, reflecting confidence in the firm’s innovation and market positioning.