Lianhe Sowell shares surge 10.13% after-hours on $1.8M AI car-wash robot contract with HECA Group.
ByAinvest
Tuesday, Mar 31, 2026 5:51 pm ET1min read
LHSW--
Lianhe Sowell surged 10.13% in after-hours trading following the announcement that it secured a $1.8 million contract with HECA Group to develop an AI-powered steam car-wash robot for the North American market. The deal marks the company’s first entry into the region and includes R&D, production, and after-sales support. The contract, equivalent to 21% of the company’s market cap, highlights potential growth opportunities and underscores Lianhe Sowell’s expansion into environmentally friendly robotics solutions. Additional recent developments, including a planned $200 million robotics facility in the UAE, further support the positive sentiment.
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