Lianhe Sowell shares surge 10.13% intraday following $1.8M AI car-wash robot contract with HECA Group.
ByAinvest
Wednesday, Apr 1, 2026 10:29 am ET1min read
LHSW--
Lianhe Sowell surged 10.13% intraday following the announcement of 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 commercial entry into the region and builds on its existing AI paint-spraying robot technology. The robotic system is designed to reduce water consumption by up to 90% and operate without chemical foams, aligning with growing demand for sustainable and automated solutions. The contract represents approximately 21% of the company’s market capitalization, signaling a significant step in its global expansion and diversification into intelligent cleaning applications.
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