Lianhe Sowell International Group Ltd
What Do They Do?
Sells machine vision systems that combine cameras, hardware and software for manufacturers, alongside face-recognition, building-management and traffic systems for businesses and public agencies.
20-F for FY2026, filed Aug 13, 2026Sowell is a holding company incorporated in Cayman Islands. As a holding company with no material operation of its own, Sowell conducts its…View ↗
Machine vision technology is the foundation of our business. As a transformative subset of artificial intelligence, machine vision…View ↗
Our industrial machine vision products are integration of physical products and software, and are able to detect stains, scratches, spots…View ↗
Our machine vision products are categorized based on their application settings: industrial machine vision, artificial intelligence (face…View ↗
How Do They Make Money?
Customers typically pay part upfront for electronic products, another portion when finished goods are delivered, and the balance during their credit period. Software buyers also pay a deposit, with the rest collected during their credit period; payment follows delivery and customer acceptance.
20-F for FY2026, filed Aug 13, 2026The Company generates revenue from trading of electronic products which comprise of hardware products and self-developed software products…View ↗
Performance obligations are fulfilled upon delivery of the finished product to the customer’s inventory warehouse or their specified…View ↗
Upon delivery of the software, client acceptance is generally required. The Company assesses that provision of software product as one…View ↗
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20-F for FY2026, filed Aug 13, 2026
FY2026 revenue by product or service ↗
$43.3M
-
20-F for FY2026, filed Aug 13, 2026
$43.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Trading of electronic products
Sold outright
20-F for FY2026, filed Aug 13, 2026 |
71%
FY2023: 81%
|
Trading of electronic products, FY2026
$30.8M Sources
|
Sold outright |
|
Software Development
Sold outright
20-F for FY2026, filed Aug 13, 2026 |
29%
FY2023: 13%
|
Software Development, FY2026
$12.4M Sources
|
Sold outright |
Who Are Their Customers?
Customers include technology companies, educational institutions and manufacturing factories in China and abroad. The company sells through direct supply for some products, bids for government contracts, and works with design institutes and equipment suppliers to reach manufacturing customers.
20-F for FY2026, filed Aug 13, 2026We provide comprehensive technical solutions for our customers in various industries in China and abroad, including technology companies…View ↗
Direct Supply. We adopt direct supply mode for face recognition and AI behavior analysis products. Under this mode, we can maintain direct…View ↗
Bidding. For electronic customs clearance products and intelligent transportation projects, we mainly participate in the bidding process of…View ↗
Alliance. We also partner with design institutes and equipment suppliers in the target industry. For example, for our industrial machine…View ↗
Do Revenues Turn Into Profits?
No. It lost $5.7M in FY2026.
20-F for FY2026, filed Aug 13, 2026
−$6.8MView ↗
20-F for FY2026, filed Aug 13, 2026
−$5.7MView ↗
20-F for FY2026, filed Aug 13, 2026
−$9MView ↗
How Are They Changing?
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