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LENS Up 4%+; Citi: Company Launches 2026 A-Share Restricted Stock Incentive Plan with Aggressive Revenue Target
LENS (06613.HK) opened 1% higher today (1st), hitting an intraday peak of HKD26.5. It last stood at HKD25.2, up 4.65%, with 28.6616 million shares traded, involving HKD734 million....
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LENS Up 4%+; Citi: Company Launches 2026 A-Share Restricted Stock Incentive Plan with Aggressive Revenue Target
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LENS (06613.HK)  +0.500 (+1.742%)    Short selling $110.50M; Ratio 6.847%   opened 1% higher today (1st), hitting an intraday peak of HKD26.5. It last stood at HKD25.2, up 4.65%, with 28.6616 million shares traded, involving HKD734 million.

Citi released a research report on LENS TECHNOLOGY (300433.SZ)  +3.160 (+7.664%)   , which had announced the draft of its 2026 A-share restricted stock incentive plan last Friday (May 29). The broker observed that the company's 2026 revenue target is 18% and 10% above Citi's and market's expectations, respectively. Revenue targets for 2027 and 2028 are 2% and 14% below Citi's forecasts, respectively; compared with market expectations, they are 1% higher and 4% lower, respectively.

Given the current weakness in the Android camp, LENS 2026 revenue target appears relatively aggressive. However, it does not rule out potential revenue growth contributions from automotive glass and robotics businesses. The 2027 and 2028 revenue targets are broadly in line with consensus. The broker stayed upbeat on the company's dual growth engines of automotive and iPhone cover glass upgrade and metal casing share gain and assembly businesses. Citi maintained a Buy rating on LENS H-shares with a TP of HKD25.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.) (A Shares quote is delayed for at least 15 mins.)

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