LENS (06613) rose more than 5% on the Hong Kong stock exchange. As of the time of writing, the stock was up 5.41% to HK$23.4, with a turnover of HK$863 million.
According to Everbright Securities, the company is accelerating its expansion into three emerging sectors: embodied intelligence (embodied AI), AI servers, and commercial aerospace, with progress reported as smooth. In the robotics field, the company has completed the research and development of core components and the construction of new production capacity bases, achieving batch product deliveries and securing a place in the supply chains of leading domestic and international manufacturers. In the AI server sector, the company plans to rapidly obtain certifications from domestic and foreign clients and enhance its advanced liquid cooling system integration capabilities through supply chain consolidation, including a proposed acquisition of Yuan Shi Technology. It is also accelerating production expansion to prepare for major client certifications and order fulfillment. In commercial aerospace, the company has overcome technological barriers related to aerospace-grade materials. It has advanced from validating products for ground-based applications to satellite-based applications for core clients globally, laying the groundwork for expanding its product portfolio to include low-orbit satellite assembly, solar wing module assembly, and new materials like aerospace-grade UTG (ultra-thin glass) by 2026.
Huaxin Securities noted that AI is reshaping intelligent terminals across all scenarios, with foldable screens and embodied intelligence opening up incremental growth opportunities in the second half of the year. A new global cycle of AI hardware is currently underway, with multi-industry resonance forming the basis for improved industry performance in the latter half. In the consumer electronics segment, although the industry faces disruptions from rising memory prices in 2026, high-end models and the foldable screen market are showing strong structural growth. Major clients are expected to launch significant new foldable screen devices in the second half of the year, significantly boosting demand for flexible glass such as UTG. Additionally, the penetration rate of wearable devices like AI glasses is rapidly increasing. According to IDC forecasts, global shipments of smart glasses are expected to exceed 23 million units by 2026, with AI glasses accounting for over 10 million units.
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