LENS (06613) opened over 6% higher, rising 6.46% to HKD 27.04 by the time of reporting, with a turnover of HKD 11.02 million. On December 10, the company announced it had signed a letter of intent with an independent third party to acquire 100% equity of Pegasus International for cash and other considerations. Pegasus International holds a 95.1164% stake in Yuanshi Technology. The target group primarily engages in the production and sales of server cabinets, structural components, and server liquid cooling modules. Public records show Yuanshi Technology was established in August 2003 with a registered capital of USD 21.5 million, while the remaining 4.88355% shares are held by Pinda Technology Co., Ltd. LENS stated that this acquisition will enable the company to swiftly gain mature technology and customer certifications for server cabinet businesses from specific domestic and international clients, as well as advanced liquid cooling system integration capabilities. This move will strongly complement and synergize with LENS's robust precision component manufacturing and vertical integration from "materials to modules to complete products," significantly enhancing its core competitiveness in AI computing hardware solutions. The acquisition will also accelerate LENS's expansion into the AI computing infrastructure sector, further driving its transformation into a global AI hardware innovation platform.
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