Group 1 - The company announced on December 10 that it intends to acquire 100% equity of PMG International Co., LTD. from shareholders LEU and SONG-SHOW through cash and other legal means [2][3] - The transaction does not constitute a related party transaction and does not qualify as a major asset restructuring [2] - The specific transaction amount and plan will be determined through further negotiations based on due diligence, auditing, and evaluation results [3] Group 2 - The acquisition aims to quickly obtain mature technology and customer certifications for specific server cabinet businesses, enhancing the company's core competitiveness in AI computing hardware solutions [8] - The signed equity acquisition intention agreement is a preliminary framework and is not binding; the final details will be confirmed in a formal agreement [8] - The company reported a revenue of approximately 53.66 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 16.08%, and a net profit of about 2.84 billion yuan, up 19.91% year-on-year [9]

Core Viewpoint - The company, Lens Technology, has signed a share acquisition intention agreement to purchase 100% equity of PMG International Co., LTD from Leu Song-Show, aiming to enhance its capabilities in AI computing hardware solutions [1] Group 1: Acquisition Details - The specific transaction amount and scheme will be determined through further negotiations based on due diligence, auditing, and evaluation results [1] - The transaction does not constitute a related party transaction or a major asset restructuring and will not impact the company's operating performance for the current year [1] Group 2: Strategic Implications - The acquisition will allow the company to quickly gain mature technology and customer certifications in the server cabinet business, including components such as racks, slides, trays, and busbars [1] - The integration of advanced liquid cooling system capabilities with the company's strong precision component manufacturing and vertical integration will significantly enhance its core competitiveness in AI computing hardware solutions [1] - This move is expected to open new avenues in AI computing infrastructure and accelerate the company's transformation into a global AI hardware innovation platform [1] Group 3: Market Performance - On December 10, the company's stock fell by 1.23%, closing at 28.9 yuan per share, with a total market capitalization of 152.7 billion yuan [2]

Group 1 - The company, Lens Technology (300433.SZ), signed a share acquisition intention agreement on December 10, 2025, to purchase 100% equity of PMG International Co., LTD. from Leu Song-Show for cash and other legal means [1] - PMG International Co., LTD. holds a 95.1164% stake in Yuan Shi Technology (Zhejiang) Co., Ltd., which is involved in the specific customer server cabinet business [1] - The seller guarantees that PMG International Co., LTD. and Yuan Shi Technology (Zhejiang) Co., Ltd. possess the necessary qualifications, technology, intellectual property, R&D and business teams, production capacity, and facilities required for the business, which will remain effective for at least three years post-transaction [1] Group 2 - Through this acquisition, the company will quickly gain mature technology and customer certifications for the specific customer server cabinet business, as well as advanced liquid cooling system integration capabilities [2] - The acquisition will complement and synergize with the company's strong precision component manufacturing and vertical integration capabilities in "materials-modules-complete machines" [2]