Lens Technology Co., Ltd. (LENS) and Ju Teng International Holdings Limited have released a joint announcement dated 7 July 2026, providing their scheduled monthly update on LENS’s pre-conditional voluntary conditional general cash offer—conducted through CLSA Limited—to acquire all issued shares of Ju Teng International not already owned by LENS and its concert parties.

Progress on key conditions • PRC antitrust filing: To satisfy Condition Precedent 7, LENS has submitted the required documentation to mainland competition regulators; the review process is in progress. • Condition Precedent 1 has been fulfilled. • All other Conditions Precedent—apart from Conditions 6, 14 and 15, which relate to the non-occurrence of specified adverse events—remain outstanding.

Next steps LENS, the selling vendors and Ju Teng International continue to work toward meeting the remaining Conditions Precedent. Further joint announcements will be issued when additional milestones are reached or when the Composite Document becomes ready for dispatch.

Cautionary statement Completion of the share purchase agreement—and, consequently, the launch of the formal offer—remains uncertain until all conditions are fulfilled or waived. Shareholders and potential investors are urged to exercise caution when dealing in Ju Teng International securities and to review the forthcoming Composite Document, including the recommendations of the Independent Board Committee and the advice of the Independent Financial Adviser, before making any acceptance decision.