Haitong International raised its rating for LENS due to the company's strategic acquisition of a controlling stake in Shenzhen Tongsheng Optoelectronics, which enhances its capabilities in the hollow-core optical fiber segment. The report highlights expected benefits from major clients' foldable smartphone projects, increased net profit forecasts for 2026 to 2028, and the company's strong positioning in AI and smart terminals. The target price for its Hong Kong shares was increased, reflecting confidence in the company's growth potential.
