Shares of JU TENG INTL (03336) have surged by more than 10% once again, bringing the cumulative gain over the last three trading sessions to over 30%. At the time of writing, the stock is up 13.29% to HK$3.92, with a turnover of HK$61.079 million.

Catalysts for the move include the announcement in May by Lens Technology that it intends to acquire shares in JU TENG INTL and ultimately become its controlling shareholder. This strategic move aims to seize the historic industrial opportunity presented by AI technology and further enhance Lens Technology's core capabilities in precision manufacturing.

Additionally, NVIDIA has recently officially launched its RTX Spark chip for the Windows on Arm ecosystem and revealed its subsequent PC product roadmap.

Founded in the year 2000, JU TENG INTL is a global leader in PC structural components. Its core business involves the research, development, production, and sales of notebook and 2-in-1 computer casings. Its client portfolio includes internationally renowned technology companies such as Dell, Apple, HP, and Lenovo. At its peak, the company held a global market share of over 31% for notebook casings, firmly securing its position as the industry leader.