Core Viewpoint - Lens Technology (06613.HK) has signed a Letter of Intent for Equity Acquisition with Mr. Leu Song-Show to purchase 100% equity of PMG International Co., Ltd. for cash and other legal means, indicating a strategic move to expand its business operations in the server cabinet sector [2][3]. Group 1: Acquisition Details - The acquisition involves PMG International, which holds a 95.1164% stake in Yuan Shi Technology (Zhejiang) Co., Ltd., a company engaged in the production and sales of server cabinets and related components [3][4]. - The total investment in PMG International is approximately USD 2,150 million, with PMG International contributing USD 2,045 million, representing a 95.11645% ownership [4]. - The parties will conduct due diligence covering legal, financial, tax, technical, and business aspects before finalizing the acquisition agreement [5]. Group 2: Business Operations - PMG International and Yuan Shi Technology possess the necessary supplier qualifications, technology, intellectual property, R&D and business teams, production capacity, and facilities required for their server cabinet business, ensuring operational continuity for at least three years post-acquisition [5]. - An exclusivity negotiation period has been established from the signing of the Letter of Intent until June 30, 2026, to facilitate the acquisition process [5].