On 7 October 2026, Lens Technology Co., Ltd. (Lens Technology, 06613.HK) and Ju Teng International Holdings Limited (Ju Teng, 03336.HK) issued a joint update on the pre-conditional voluntary conditional general cash offer—made through CLSA Limited on behalf of Lens Technology—to acquire all Ju Teng shares not already held by the bidder and its concert parties.

Key developments

1. Regulatory approvals • Condition Precedent 7 fulfilled: Antitrust clearances from both the People’s Republic of China and Vietnam have been obtained. • Condition Precedent 8 progressing: – Approval from the PRC competent commerce authority secured. – Review by the National Development and Reform Commission (NDRC) remains in process. – Subsequent foreign-exchange filings will follow once NDRC approval is granted.

2. Status of Conditions Precedent • Satisfied: Conditions 1, 7 and 12. • Outstanding: Conditions 2–6, 8 (pending NDRC and FX filings) and 9–11.

3. Revised timeline • With Conditions 7–9 unmet by the original 18 September 2026 long-stop date, the share purchase agreement automatically extended the deadline to 18 January 2027, preserving deal viability while approvals are finalised.

Ongoing process and cautionary note

Both parties state they are actively working to complete the remaining regulatory steps required for transaction completion. Shareholders are reminded that the offer remains subject to all outstanding Conditions Precedent; completion, and therefore the cash offer, may or may not occur. Investors are advised to exercise caution when dealing in Ju Teng securities and to review the forthcoming composite document, which will include the Independent Board Committee’s recommendation and the Independent Financial Adviser’s opinion, before making any acceptance decisions.