Lens Technology: The 5G replacement wave will have a positive impact on the company's performance

The investor activity survey record released by Lens Technology mentioned the company's future core competitiveness, the impact of 5G on the company's development, and the development of its related businesses in the acoustic field.

Lens Technology mentioned that as consumers purchase 5G mobile phones, the replacement demand will directly drive the company's brand customer shipment growth. The company's customers include leading brands in the smartphone industry such as Apple, Huawei, OPPO, vivo, and Xiaomi. The company's production and sales volume will greatly benefit from the growth of customer shipments. The company's production capacity advantages and high delivery rate advantages can be better utilized, which will have a positive impact on operating performance;

In addition, 5G mobile phone innovation highlights the importance of window and exterior protection components. Innovations such as 3D waterfall screen, 3D back cover, back cover texture and color will increase product value. Non-metallic materials represented by glass will also be fully applied to various 5G smart terminals, creating more value for customers and consumers.

The company pointed out that when the industry's prosperity improves, the company's core advantages will be further released, which will have a positive impact on the company's profitability.

In fact, compared with the obvious decline in previous performance, Lens Technology's performance in the third quarter of this year was very impressive, and the unexpected growth in the third quarter laid a solid foundation for continued improvement in the fourth quarter.

Lens Technology pointed out that recently, the company's production and operations have been proceeding in an orderly manner as planned, the production and management teams in each park are in high spirits, and the company's actual controller, senior management team and management teams at all levels are full of confidence in the company's future.

It is worth mentioning that with the explosion of the TWS Bluetooth headset market, Lens Technology's strategic investment in Shenzhen Haun Acoustics Co., Ltd. in July 2018 has also attracted much attention. It is reported that Haun Acoustics has accumulated high-quality domestic and foreign corporate customer resources such as Razer, Corsair, Logitech, Apple, and vivo.

Lens Technology believes that the company and Haun Acoustics have good synergy in consumer electronics market segments, potential customer development and R&D innovation. Through the established in-depth strategic cooperation, the two parties' advantages in talent, production capacity, technology, equipment and customers in the field of acoustics will be more fully utilized, further enhancing their core competitiveness and market share in the field of acoustics.