Core Viewpoint - The strategic acquisition of Yuan Shi Technology by Lens Technology marks a significant step into the NVIDIA ecosystem, enhancing its AI hardware layout and capabilities [1] Group 1: Acquisition and Strategic Positioning - Lens Technology has acquired Yuan Shi Technology, which is one of only five companies globally certified by NVIDIA for RVL, indicating a strong strategic positioning within the AI hardware sector [1] - Yuan Shi Technology has been providing core components such as MGXRack racks and slide systems for NVIDIA's GB200/GB300 series and is now involved in the development of NVIDIA's next-generation main server, Vera Rubin [1] Group 2: Business Growth and Diversification - Lens Technology, known for its smartphone glass cover manufacturing, has achieved steady growth in its traditional sectors while also expanding into the automotive and consumer electronics markets through technological upgrades [1] - The company has been investing in AI hardware since 2016, with the launch of its AI robotics facility in Yong'an Park scheduled for November 18, 2025, which will have the capacity to produce 10,000 large automation devices and 500,000 intelligent robots annually [1] Group 3: Future Outlook - The acquisition signifies Lens Technology's transition from AI edge hardware to foundational computing infrastructure, completing a "terminal + computing power" ecosystem that supports the global AI industry [1] - The company is expected to continue its steady growth in consumer electronics while actively expanding its AI hardware business, leading to a "buy" investment rating [1]

Core Viewpoint - The strategic acquisition of Yuan Shi Technology by Lens Technology marks its entry into the NVIDIA ecosystem, enhancing its AI hardware layout and capabilities [1] Group 1: Acquisition and Strategic Positioning - Lens Technology has acquired Yuan Shi Technology, which is one of only five companies globally certified by NVIDIA RVL, indicating a strong strategic positioning in the AI hardware sector [1] - Yuan Shi Technology has provided core components such as MGXRack racks and sliding rail systems for NVIDIA's GB200/GB300 series and is involved in the development of NVIDIA's next-generation main server, Vera Rubin [1] Group 2: Business Growth and Diversification - Lens Technology, known for its smartphone glass cover manufacturing, has achieved steady growth in its traditional sectors while expanding into the automotive and consumer electronics markets through technological upgrades [1] - The company has been investing in AI edge hardware since 2016, with the launch of its AI hardware production facility, capable of producing 10,000 large automation devices and 500,000 intelligent robots annually, set to open on November 18, 2025 [1] Group 3: Future Outlook - The acquisition signifies Lens Technology's transition from AI edge hardware to foundational computing infrastructure, completing a "terminal + computing power" ecosystem to support the global AI industry [1] - The company is expected to continue its steady growth in consumer electronics while actively expanding its AI hardware business, leading to a "buy" investment rating [1]

Core Viewpoint - Lens Technology plans to acquire 100% equity of PMG International Co., LTD. through cash and other legal means, with specific transaction amounts and methods to be determined after due diligence and evaluation [1][4]. Group 1: Agreement Signing - The equity acquisition intention agreement was signed on December 10, 2025, in Hong Kong, between Lens Technology (Party A) and Leu Song-Show (Party B) [4]. - The specific transaction amount and plan will be negotiated further based on the results of due diligence, audit, and evaluation [4]. Group 2: Business Implications - PMG International Co., LTD. and its subsidiary, Yuan Shi Technology (Zhejiang) Co., Ltd., possess complete capabilities for specific customer server cabinet businesses, including necessary supplier qualifications, technology, intellectual property, R&D and business teams, production capacity, and facilities [5]. - The acquisition will enable Lens Technology to quickly gain mature technology and customer certifications in the server cabinet business, enhancing its core competitiveness in AI computing hardware solutions and facilitating its transformation into a global AI hardware innovation platform [5]. Group 3: Company Background - Lens Technology is an ODM company specializing in glass covers for smartphones and protective components for smart vehicles, serving major clients such as Apple and Tesla [5]. - The company has also been expanding into emerging smart terminal fields, including humanoid robots and AI glasses/XR headsets, providing comprehensive services from frames and lenses to complete assembly [5].