Core Viewpoint - The acquisition of over 95% stake in Yuan Shi Technology by Lens Technology is expected to significantly enhance its revenue and profit, positioning the company within NVIDIA's AI server supply chain [1] Group 1: Acquisition Details - Lens Technology plans to acquire Yuan Shi Technology, which specializes in the production and sales of server cabinets, structural components, and liquid cooling modules for servers [1] - The acquisition is anticipated to be completed next year, allowing Lens Technology to penetrate NVIDIA's AI server supply chain [1] Group 2: Financial Impact - The acquisition is projected to add between 800 million to 1 billion RMB in revenue for Lens Technology next year [1] - It is also expected to contribute an additional net profit of 100 million to 200 million RMB [1] Group 3: Analyst Ratings - Credit Lyonnais has reiterated a "Outperform" rating for Lens Technology, maintaining a target price of 38 HKD [1]
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