On June 11, Lens Technology fell 3.11% in regular trading, trading at 23.14 HKD/share, with trading volume of 96.14 million HKD, extending its recent downward trend.

On the news front, the company previously announced plans to acquire 27.81% of Ju Teng International at 2.20 HKD per share, involving approximately 734 million HKD and triggering a mandatory unconditional cash general offer. A recent joint announcement disclosed that the dispatch of the composite document has been delayed, intensifying market concerns over acquisition uncertainty. The delay is attributed to pending cross-border regulatory approvals including ODI clearance from mainland authorities.

Additionally, the company reported weak Q1 results with revenue of approximately 14.14 billion RMB, down 17.13% year-over-year, while net loss attributable to shareholders reached approximately 150 million RMB, swinging from profit to loss. On June 8, main capital recorded a net outflow of 814 million RMB on the A-share side. The dual pressure of acquisition-related financial burden and deteriorating fundamentals continues to weigh on sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)