Lianhe Sowell Shareholders Approve Adoption Of Dual-Class Share Structure

Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the "Company" or "LHSW"), a provider of industrial machine vision products and solutions in China, today announced the results of the Company's Extraordinary General of Shareholders (the "EGM") held on November 6, 2025, at 10:00pm Eastern Time (or November 7, 2025, at 11:00am Beijing time), held at the company's executive office and virtually.

 

At the EGM, shareholders of the Company approved the proposals that:

• (a) the currently issued 52,000,000 ordinary shares of the Company, par value of US$0.0001 per share, be re-designated and re-classified into Class A ordinary shares of the Company, par value of US$0.0001 per share (the "Class A Ordinary Shares"), on a one for one basis, (b) the remaining authorised but unissued ordinary shares of the Company, par value of US$0.0001 per share, be re-designated and re-classified into (i) 398,000,000 Class A Ordinary Shares on a one for one basis and (ii) 50,000,000 Class B ordinary shares of the Company, par value of US$0.0001 per share, with 100 votes per share (the "Class B Ordinary Shares") on a one for one basis, and (c) such that the authorised share capital of the Company shall become US$50,000 divided into: (i) 450,000,000 Class A Ordinary Shares of a par value of US$0.0001 each; and (ii) 50,000,000 Class B Ordinary Shares of a par value of US$0.0001 each;
• a new second amended and restated memorandum and articles of association (the "New M&A") of the Company be adopted to reflect the adoption of a dual-class share structure, and the provision of the rights and privileges of Class A Ordinary Shares and Class B Ordinary Shares;
• 400,000 Class B Ordinary Shares be issued to Lianyue Holding Limited and 600,000 Class B Ordinary Shares be issued to Patton Holding Group Limited, each at par value.