Movement Alert｜LENS Rises 3.02% in Regular Trading, Apple Foldable iPhone Duo Launch Drives Supply Chain Revaluation

Market Focus09-22

On September 22, LENS rose 3.02% in regular trading, trading at HK$23.38/share, with turnover of HK$29.82 million. The stock extended gains following a 6% surge in the prior session, as multiple catalysts continued to fuel investor enthusiasm.

On the news front, Apple's first foldable smartphone, the iPhone Duo, officially debuted on the Chinese official website and is scheduled for pre-order on October 16 with sales commencing October 23. LENS has confirmed it is supplying UTG ultra-thin flexible glass, glass support plates, PET functional films, and 3D glass covers for the device, with bulk shipments beginning in late Q2. Analysts noted that foldable devices significantly increase per-unit component value, positioning LENS as a core beneficiary in the structural parts segment.

Meanwhile, LENS disclosed on its investor relations platform that the company has achieved deep strategic positioning in AI computing infrastructure. The company also holds proprietary nano-texture processing capabilities for UTG glass, enhancing display performance for foldable screens. Its interim results showed total revenue of RMB 28.87 billion, with gross margin improving 1.64 percentage points year-over-year to 14.70%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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