New Stock News | Lens Technology (300433.SZ) submits documents to Hong Kong Stock Exchange to become the first batch of contract manufacturers for core components and complete machine assembly of Siasun Robot & Automation.

According to the disclosure by the Hong Kong Stock Exchange on March 31st, Lens Technology Co., Ltd. (hereinafter referred to as Lens Technology) (300433.SZ) has submitted an application to the Hong Kong Stock Exchange Main Board, with CITIC SEC as its exclusive sponsor. The prospectus shows that Lens Technology is a leading provider of precision manufacturing solutions for the entire industry chain of smart terminal. Based on the revenue in 2024, the company ranks at the forefront in the global consumer electronics precision structural parts and module comprehensive solutions industry, and in the global intelligent automobile interaction system comprehensive solutions industry. The company has accumulated deep technical capabilities in the field of consumer electronics and smart cars, and has a strong and comprehensive platform capability, including talent, technology, supply, and intelligent manufacturing. This enables the expansion into new business areas, seizing future growth opportunities, and helping the company become one of the first enterprises in the industry to undertake mass production and assembly of key core components of humanoid Siasun Robot & Automation and AI glasses/XR headsets. Since the 2000s, Lens Technology has led the industry with new materials, new technologies, new equipment, and new fields, pioneering the use of new materials such as glass, sapphire, and ceramics in the consumer electronics sector. For example, in 2007, the company pioneered the use of glass in the world's first full-screen touch smartphone, establishing the mainstream technological direction of smart terminal function panels. To this day, the company has vertically integrated the entire industry chain of smart terminals from raw materials and functional structural component production to functional module assembly and complete machine assembly, leveraging its expertise in materials such as glass, metal, sapphire, ceramics, plastic, leather, silicone, fiberglass, and carbon fiber. The company has established long-term strategic partnerships with leading global consumer electronics and smart car brands, usually deeply involved in the research and development and production of their products 2 to 3 years before they are launched. In addition, the company actively covers a wide range of application areas with great growth potential, extending horizontally into diverse scenarios such as smart retail terminals, industrial and humanoid Siasun Robot & Automation, AI glasses/XR headsets, forming a business layout with new market growth points. Lens Technology has nine production and research bases domestically and abroad, including overseas production bases in Southeast Asia, as well as offices and points of contact at home and abroad, achieving widespread coverage of domestic and foreign markets. By optimizing the supply chain and logistics costs for customers through a customer-centric layout, the company can rapidly respond to customer needs. In terms of finances, in 2022, 2023, and 2024, Lens Technology's revenues were approximately RMB 46.699 billion, RMB 54.491 billion, and RMB 69.897 billion respectively; during the same period, annual profits were approximately RMB 2.52 billion, RMB 3.042 billion, and RMB 3.677 billion respectively.