Core Viewpoint - Haitong International has initiated coverage on Lens Technology (06613) with an "Outperform" rating and a target price of HKD 36.5, indicating a potential upside of 46.7% [1] Company Summary - Lens Technology is positioned as a leading platform in the full industrial chain of smart terminals, benefiting significantly from the innovation cycle of major clients [1] - The company is expected to experience accelerated growth in the next two years, with profit growth anticipated to outpace revenue growth [1] Financial Projections - Revenue projections for Lens Technology from 2025 to 2027 are estimated at RMB 87.407 billion, RMB 110.547 billion, and RMB 133.141 billion respectively [1] - Net profit attributable to shareholders is projected to be RMB 4.785 billion, RMB 6.801 billion, and RMB 8.362 billion for the same period [1]