LENS TECHNOLOGY H-SHARES FALL OVER 19% AFTER Q1 2026 RESULTS SHOW 17.13% REVENUE DECLINE AND ~150 MLN YUAN NET LOSS, SWINGING FROM PROFIT TO LOSS Y/Y

IMF FLAGS CONCERNS WITH US, OTHERS RELYING MORE ON BILLS IMF: RISING RELIANCE ON BILLS INCREASES DEBT ROLLOVER RISK

Lens Technology said in an earnings call that foldable smartphone production is expected to start scaling in 2H26, with broader growth drivers from multiple new product lines likely to see concentrated expansion in 2026–2027. The company noted it is currently in a transition phase with higher upfront investment in new businesses, but expects these to translate into improved margins and earnings flexibility as volumes ramp.