Core Viewpoint - The announcement details the approval of an increase in the expected daily related party transaction limits for 2025 by Shandong Jinjing Technology Co., Ltd, emphasizing that these transactions are based on normal business operations and adhere to fair market pricing principles [1][2][6] Summary by Sections 1. Overview of New Daily Related Party Transaction Limits - The board of directors has approved the proposal for increasing the expected limits for daily related party transactions for 2025, confirming that these transactions are based on normal business operations and comply with principles of equality, voluntariness, and fairness [1][2] - The independent directors unanimously agree that the increase in expected transaction limits does not affect the company's independence or harm the interests of the company and its shareholders [2][3] 2. Details of the Adjusted Transaction Limits - The expected transaction limits for 2025 have been adjusted, with specific amounts outlined for transactions with related parties, including: - For Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd, the expected amount is increased to 2,500 million RMB for processing services [3][4] - For Zibo Jinjing New Energy Co., Ltd, the expected amount is set at 1,355.41 million RMB for technical services [3][4] 3. Related Party Information and Relationships - The related parties involved include Zibo Jinjing New Energy Co., Ltd and Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd, both of which have been identified as having normal contractual relationships with the company [4][5] - Financial data as of December 31, 2024, shows total assets of 20,083 million RMB and total liabilities of 5,329.33 million RMB for Zibo Jinjing New Energy Co., Ltd, while Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd has total assets of 56,369.74 million RMB and total liabilities of 7,878.38 million RMB [4][5] 4. Purpose and Impact of Related Transactions - The increase in expected daily related party transaction limits is deemed necessary for production and operational needs, leveraging regional advantages and technological upgrades to enhance product functionality and broaden application scenarios [5][6] - The transactions are expected to improve the company's profitability without compromising its independence or creating dependency on related parties [6]

Group 1 - The core point of the article highlights that Lens Technology (06613) has seen a stock increase of over 4%, currently trading at 21.56 HKD with a transaction volume of 172 million HKD [1] - Apple has announced an investment of 2.5 billion USD (approximately 179.65 billion RMB) to jointly build a glass substrate production line with Corning in Kentucky, USA, specifically for iPhone and Apple Watch [1] - Corning, a supplier of glass substrates for Apple, has production bases in the USA, Japan, South Korea, and Chongqing, with the new facility in the USA aimed at producing next-generation glass materials [1] Group 2 - Lens Technology serves as the back-end processing supplier for Apple's glass, with major production bases located in Hunan, China, and Bắc Ninh, Vietnam [1] - Corning has distribution centers in Hong Kong and Hunan to supply Lens Technology, which does not bear the international shipping costs for glass substrates [1] - The establishment of the new production line in the USA is expected to help Lens Technology update and design more complex products, enhancing its market competitiveness [1]

Group 1 - Lens Technology (300433) (06613) shares rose over 4%, currently up 4.56% at HKD 21.56, with a trading volume of HKD 172 million [1] - Apple announced an investment of USD 2.5 billion (approximately RMB 17.965 billion) to jointly build a glass substrate production line with Corning in Kentucky, USA, specifically for iPhone and Apple Watch [1] - Corning is a supplier of glass substrates for Apple, with production bases in the USA, Japan, South Korea, and Chongqing [1] Group 2 - Lens Technology is a supplier for the back-end processing of Apple's glass, with major production bases located in Hunan, China, and Bắc Ninh, Vietnam [1] - Corning has distribution centers in Hong Kong and Hunan to supply Lens Technology, which does not bear the international shipping costs for glass substrates [1] - The new production line in the USA will produce next-generation glass substrates, which may help in obtaining tariff exemptions and allow Lens Technology to update and enhance designs for future products, thereby improving market competitiveness [1]