Lens Technology and Intel Cooperation Call Key Points - 0726

English summary

Cooperation with Intel: Cooperation traces back to 3 years ago; this June both parties signed NDA, Intel provided technical parameters and drawings, Lens started sampling and validation work; July officially signed glass substrate strategic cooperation agreement, currently the first cooperation agreement Intel has signed on glass substrates; additionally both parties will cooperate in AI PC, robotics and other fields in future. Capacity planning: Glass substrate production line expected to be operational by end of 2026, can produce standard 515*510 size glass original sheets, monthly capacity 3,000 sheets, 1 sheet corresponds to 15 substrates; #27H2 target achieving monthly production of 10,000 sheets; expected annual output value can reach 2-3 billion yuan; 2028 expected to achieve 10 billion yuan scale. Core advantages: 1) Process accumulation: Company has over 30 years of accumulation in glass deep processing, with complete fracture mechanics model, covering technical know-how for all glass substrate processing steps, consumer electronics glass process accumulation can be reused; ...