Lens(SZ:300433)2017-01-25 16:00Financial Performance - The estimated net profit attributable to shareholders for 2016 is expected to be between 1,202.90 million and 1,387.96 million CNY, representing a decline of 10% to 22% compared to the previous year's profit of 1,542.18 million CNY[3] - The company's sales revenue and operating performance declined year-on-year in the first half of 2016 due to weak demand in the consumer electronics market and inventory destocking by downstream customers[5] - Significant improvement in production and sales was observed in the second half of 2016, coinciding with the traditional peak season and the accelerated launch of new high-end flagship products by various brand clients[5] - Non-recurring gains and losses are estimated to impact the net profit by approximately 392.85 million CNY during the reporting period[7] Research and Development - The company continued to advance the research and development of new materials and technologies, including sapphire, precision ceramics, and 3D curved glass, in collaboration with domestic and international clients[5]