HK Stock Market Move | Lens Technology (06613) increases by nearly 5% recently, planning to acquire JU TENG INTL shares. The company continues to strategically invest in emerging fields such as AI servers.

Lens Technology (06613) rose nearly 5%, rising 3.37% as of the time of publication, reaching 20.86 Hong Kong dollars with a turnover of 172 million Hong Kong dollars. On the news front, recently, Lens Technology announced its intention to acquire a 27.81% stake in the Hong Kong-listed company JU TENG INTL for HK$734 million. After the completion of the transaction, a comprehensive tender offer will be initiated with the ultimate goal of holding more than 50% of the shares to become the controlling shareholder. If the comprehensive tender offer is successful, Lens Technology will collectively hold more than 50% of the voting rights of JU TENG INTL, becoming its controlling shareholder, and JU TENG INTL will be included in the consolidated financial statements of Lens Technology. Guosen's research report believes that Lens Technology is at a critical period of transitioning from old to new momentum. The company continues to strategically invest in emerging fields such as AI servers, sentient intelligence Siasun Robot & Automation, and commercial space, and progress in various new businesses is going smoothly. In terms of AI servers, the company has quickly obtained domestic and foreign customer certifications and liquid cooling system integration capabilities through supply chain integration, accelerating production expansion to meet order execution; in terms of Siasun Robot & Automation, the company has delivered human-like Siasun Robot & Automation machines and core modules in batches for multiple leading customers, with assembly and shipment scale ranking at the forefront of the industry.