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Lens Technology Announces Intent to Acquire PMG International

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Lens Technology Announces Intent to Acquire PMG International

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An update from Lens Technology Co. Ltd. Class H ( (HK:6613) ) is now available.

Lens Technology Co., Ltd. has announced its intent to acquire 100% equity interest in PMG International Co., Ltd., which holds a significant stake in Zhejiang Yuanshi Technology Co., Ltd., a company specializing in server cabinets and related components. This strategic acquisition aims to enhance Lens Technology’s capabilities in the server technology market, ensuring continued operational stability and growth in both domestic and international markets.

The most recent analyst rating on (HK:6613) stock is a Buy with a HK$38.00 price target. To see the full list of analyst forecasts on Lens Technology Co. Ltd. Class H stock, see the HK:6613 Stock Forecast page.

More about Lens Technology Co. Ltd. Class H

Lens Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the technology sector. The company focuses on the production and sales of advanced technological components and solutions.

Average Trading Volume: 8,495,362

Technical Sentiment Signal: Strong Buy

For a thorough assessment of 6613 stock, go to TipRanks’ Stock Analysis page.

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