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Research Reports Gold Digging | HAITONG SEC: Initiates a "Buy" rating on Lens Technology with a reasonable value range of 21.6-27 yuan.
On December 17, Gelonghui reported that HAITONG SEC's Research Reports indicated that Lens Technology (300433.SZ) achieved revenue of 46.228 billion yuan in the first three quarters, a year-on-year increase of 36.74%, and a Net income of 2.371 billion yuan, a year-on-year increase of 43.74%. The Net income after deducting non-recurring gains and losses was 2.1 billion yuan, a year-on-year increase of 45.96%. In terms of business Sectors, the revenue from Smart Phones and computers accounted for more than 80% in the first three quarters, achieving rapid growth. The company promotes sales growth by deepening the vertical integration of the Industry Chain and developing and mass-producing Smart Phones, payment terminals, and other smart devices for customers.
Lens Technology (300433.SZ): Has the capability to quickly mass-produce various materials for flexible screens, back covers, camera components, and modules for folding screen phones.
On December 16, Geelonghui reported that Lens Technology (300433.SZ) stated on the investor interaction platform that the company has formed long-term strategic partnerships with leading Consumer Electronics brands, becoming the main supplier of appearance parts, structural components, and functional modules. The company has already laid out its technology related to foldable protective screens and has the capability for rapid mass production of Flexible Screens, back covers, camera structural components, and modules in various materials for foldable smartphones, working closely with major brands for research, development, and mass production. Due to customer confidentiality requirements, the company cannot disclose further specific information, and your understanding is appreciated.
Lens Technology (300433.SZ): Engaging in in-depth cooperation with Xiaomi in various fields including Consumer Electronics, New energy Fund, Smart Home, and more.
On December 16, Glonghui reported that Lens Technology (300433.SZ) stated on the investor interaction platform that Xiaomi is an important strategic partner of the company. The two sides are conducting in-depth cooperation in various fields such as Consumer Electronics, New energy Fund, and Smart Home, and are continuously developing new technologies, new products, New Materials, and new equipment through the Xiaomi & Lens Technology joint R&D center. Due to customer confidentiality requirements, the company cannot disclose related specific information, please understand.
Lens Technology (300433.SZ): Related Sapphires structural components have been widely used in high-end Smart Phones, Smart Clothing, and other products.
On December 16, Gelonghui reported that Lens Technology (300433.SZ) stated on the investor interaction platform that the company started its synthetic Sapphires business in 2012, mastering the entire chain technology and capacity from crystal drawing equipment, crystal production, to post-processing. Related Sapphire structural components have been widely used in high-end Smart Phones, Smart Clothing, and other products.
Lens Technology (300433): Q3 gross margin improved year-on-year, driven by innovation in Consumer Electronics terminals, upgrading appearance and structural parts.
Asia Vets is an all-around platform one-stop ODM precision manufacturer, accelerating the vertical integration of the Industry Chain. Lens Technology was established in 1993, relying on its leading advantages in key areas such as Glass, Metal, and modules, the company accelerates the vertical integration of the Industry Chain.
Express News | Ping An Securities: AI mobile phones will drive a new wave of device upgrades.
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