On November 15th, news emerged that Lens Technology revealed on an interactive platform that its primary clients hail from the ranks of top-tier brands in both the domestic and international consumer electronics realms. These clients generally enter into long-term contracts with upstream core suppliers. In these agreements, crucial terms like pricing and production volumes are clearly outlined. Moreover, they take a proactive approach to inventory management, stockpiling goods based on market supply and demand dynamics. This strategy is aimed at safeguarding the stability of the supply chain and maintaining effective cost control.

Lens Technology clarified that, at present, it has not faced any scenarios where clients are demanding price cuts or reducing purchase volumes. The recent hike in storage prices has not had an adverse effect on the company. As a pivotal supplier of structural components and functional modules in the upstream segment of the industrial chain, Lens Technology is steadily expanding its market share through relentless technological research and development, coupled with innovative product offerings. Additionally, the company has made strategic early moves in end-side hardware domains, including AI smartphones, embodied intelligence, AI glasses, and wearable devices. These proactive steps are designed to capitalize on the growth opportunities presented by the hardware innovation cycle.