Movement Alert|Lens Technology Rises 3.23% in Regular Trading, Acquisition of Giant International and Multi-Track Strategic Layout Continue to Attract Capital

Market Focus
05/28

On May 28, Lens Technology rose 3.23% in regular trading, trading at HKD 24.32/share, with trading volume of HKD 187 million.

On the news front, the company recently announced plans to acquire 27.81% of Giant International for HKD 734 million, with the intention to launch a general offer upon completion to secure over 50% voting rights and become the controlling shareholder. Giant International primarily manufactures laptop casings with annual revenue of approximately HKD 5.5 billion. The acquisition price of HKD 2.20 per share represents a roughly 45% discount to the secondary market price.

Meanwhile, Lens Technology continues to accelerate its strategic deployment across emerging sectors including embodied intelligent robotics, AI servers, commercial aerospace, and glass substrates. The company has achieved batch delivery of humanoid robot assemblies and secured positions in leading customer supply chains. In glass substrates, the company is collaborating with a global top HDD manufacturer on high-density storage hard drive glass substrate development.

Multiple institutions including Citi and Everbright Securities have issued buy ratings, while JP Morgan recently increased its holdings. Net margin financing purchases exceeded RMB 500 million, reflecting positive capital 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.)

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