Lens Technology Co., Ltd. (“Lens Technology”) and Ju Teng International Holdings Limited (“Ju Teng”) released a joint announcement on 7 August 2026 to update shareholders on the status of the pre-conditional voluntary conditional general cash offer for all Ju Teng shares not already owned by Lens Technology and its concert parties. The offer is being arranged by CLSA Limited on behalf of Lens Technology.

Completion of the share purchase agreement (SPA) remains subject to multiple Conditions Precedent. The companies confirmed that:

• Condition 1 (related to the SPA becoming unconditional) and Condition 12 (agreement on the list of key personnel and core employees) have now been satisfied. • Filings required under Condition 7 have been submitted to antitrust regulators in the People’s Republic of China (PRC) and Vietnam; reviews are ongoing. • Filings under Condition 8 have been lodged with the PRC National Development and Reform Commission and the competent commerce authority regarding outbound investment approvals; reviews are in progress. Subsequent filings with the PRC foreign-exchange authority will follow once these approvals are obtained.

All other Conditions Precedent remain outstanding. Lens Technology, the selling vendors and Ju Teng are working toward completing the remaining requirements and will provide further updates as appropriate under Hong Kong’s Listing Rules and the Takeovers Code.

The announcement reiterates that the offer is contingent on full completion of the SPA; therefore, the transaction may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in Ju Teng securities and to review the forthcoming composite offer document, which will include the Independent Board Committee’s recommendation and the Independent Financial Adviser’s advice, before making any decision on whether to accept the offer.