Core Viewpoint - Lens Technology (300433) maintains stable supply chains and cost control through long-term agreements with major clients and upstream suppliers, ensuring no negative impact from storage price increases [1] Group 1: Client Relationships and Supply Chain Management - The company primarily serves leading domestic and international consumer electronics brands [1] - Long-term agreements are signed with upstream core suppliers regarding pricing and production volume [1] - The company has not experienced any price pressure or sales volume reductions from clients [1] Group 2: Market Position and Innovation - As a core supplier of structural components and functional modules in the industry chain, the company continuously enhances market share through technological research and product innovation [1] - The company is strategically positioned in emerging hardware sectors such as AI smartphones, embodied intelligence, AI glasses, and wearables, capitalizing on growth opportunities from hardware innovation cycles [1]