India, Oct. 22 -- Lianhe Sowell International Group Ltd (LHSW), a Chinese provider of industrial machine vision products and solutions, reported that it will implement a 1-for-8 share consolidation of its ordinary shares, each with a par value of US$0.0016.
Starting October 26, 2026, Lianhe Sowell's Class A ordinary shares will trade on the Nasdaq Capital Market under the same ticker, LHSW.
The 1-for-8 share consolidation aims to help the company maintain its Nasdaq listing.
Under the 1-for-8 share consolidation, every eight Class A or Class B ordinary shares with a par value of US$0.0016 will become one share with a par value of US$0.0128.
On the Nasdaq, the shares were trading 27.80 percent down at $0.7364.
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