On June 9, Lens Technology fell 3.11% in regular trading, trading at HK$24.18/share, with trading volume of HK$285 million, extending its multi-session decline.

On the news front, the company previously announced plans to acquire a 27.81% stake in Juteng International at HK$2.20 per share, involving approximately HK$734 million, which will trigger a mandatory unconditional cash offer to obtain over 50% voting rights. Industry analysts view this as a strategic move to integrate AI hardware precision manufacturing capabilities, but the market remains concerned about the cash flow pressure from such a large-scale acquisition.

Adding to the bearish sentiment, the company reported weak Q1 results with revenue of approximately RMB 14.14 billion, down 17.13% year-over-year, while net loss attributable to shareholders reached approximately RMB 150 million, swinging from profit to loss. Major institutional funds have been net sellers in recent sessions, with net outflows of nearly RMB 500 million recorded on June 4 alone. The stock has declined over 15% from its recent highs as financial and fundamental pressures weigh on investor confidence.

(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.)