Yes, Micro Focuse has provided 2 utilities. One convertes UFT Object Repository (.tsr) files to LeanFT Application model files (.tsrx) and vice versa.
You can use the OR2AppModelConverter.exe utility to convert UFT OR to LeanFT app model.
You can use the AppModel2ORConverter.exe utility to convert LeanFT app model to UFT OR
More details can be found at these links:
[Convert LeanFT application models to UFT object repositories][1]
[Convert UFT object repositories to LeanFT application models][2]
[1]: https://leanft-help.saas.hpe.com/en/14.01/HelpCenter/Content/HowTo/UFT_AM_Converter.htm
[2]: https://leanft-help.saas.hpe.com/en/14.01/HelpCenter/Content/HowTo/UFT_OR_Converter.htm