Xin Lang Cai Jing·2025-12-18 08:34Core Viewpoint - The acquisition of PMG International Co., LTD by Lens Technology marks a strategic move to enhance its capabilities in AI hardware infrastructure, particularly through the integration of magnesium alloy technology in server cabinet manufacturing, thereby deepening its ties with NVIDIA's ecosystem [1][6]. Group 1: Company Overview - Lens Technology has signed an equity acquisition agreement to purchase 100% of PMG International Co., LTD, which holds a 95.12% stake in Yuan Shi Technology [1]. - Yuan Shi Technology specializes in cabinet shell manufacturing and has advanced magnesium alloy research and manufacturing capabilities, establishing a technological barrier in the server industry [1][2]. Group 2: Technological Advancements - Yuan Shi Technology is one of only five companies globally certified by NVIDIA for RVL, providing essential components for NVIDIA's GB200/GB300 series and participating in the development of the next-generation server, Vera Rubin [2]. - The integration of a "compute-power-cooling" architecture in its products has improved server deployment efficiency by 4.1 times and significantly reduced data center PUE values [2]. Group 3: Market Position and Future Outlook - The new NVIDIA Rubin NVL144 server, set to launch in 2026, will feature 3.3 times the computing power of its predecessor and utilize advanced cooling technologies, indicating a growing demand for high-performance AI servers [3]. - Lens Technology is transitioning from consumer electronics to becoming a key player in the AI hardware ecosystem, with plans to enhance its production capabilities in AI hardware and expand its market presence [4][5]. Group 4: Financial Projections - Revenue forecasts for Lens Technology from 2025 to 2027 are projected at 91.06 billion, 116.26 billion, and 139.93 billion yuan, with corresponding EPS of 0.96, 1.29, and 1.58 yuan, reflecting a positive outlook on its growth in both consumer electronics and AI hardware sectors [7].