Market Overview - The Shanghai Composite Index is at 4178.99 points, above the five-day moving average, with an increase of 0.97% [1] - The total trading volume of A-shares is 16,022.67 billion yuan [1] Stocks Breaking the Five-Day Moving Average - A total of 894 A-shares have surpassed the five-day moving average today [1] - Notable stocks with significant deviation rates include: - Hanbo High-tech: 14.98% deviation, with a price increase of 20.01% [1] - Doctor Glasses: 14.96% deviation, with a price increase of 19.99% [1] - Hongxiang Co.: 13.46% deviation, with a price increase of 20.03% [1] Additional Stocks with Notable Performance - Other stocks with substantial price increases and deviation rates include: - Lakala: 20.01% increase, 13.20% deviation [1] - Nake Equipment: 20.01% increase, 12.15% deviation [1] - Yihua Tong: 16.76% increase, 11.90% deviation [1] Summary of Key Stocks - The following table summarizes key stocks that have broken the five-day moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Five-Day MA (yuan) | Latest Price (yuan) | Deviation (%) | | --- | --- | --- | --- | --- | --- | --- | | 301321 | Hanbo High-tech | 20.01 | 10.46 | 20.03 | 23.03 | 14.98 | | 300622 | Doctor Glasses | 19.99 | 22.49 | 33.83 | 38.89 | 14.96 | | 300427 | Hongxiang Co. | 20.03 | 23.40 | 13.89 | 15.76 | 13.46 | | 300773 | Lakala | 20.01 | 16.76 | 28.34 | 32.08 | 13.20 | | 688419 | Nake Equipment | 20.01 | 9.81 | 36.15 | 40.54 | 12.15 | | 688339 | Yihua Tong | 16.76 | 8.38 | 29.88 | 33.44 | 11.90 | | 300313 | *ST Tianshan | 15.19 | 5.13 | 8.69 | 9.63 | 10.77 | | 688109 | Pinming Technology | 14.80 | 3.74 | 133.97 | 147.52 | 10.12 | | 301101 | Mingyue Mirror | 13.09 | 5.34 | 44.69 | 48.99 | 9.61 | | 300844 | Shanshui Bide | 14.32 | 2.57 | 39.42 | 43.10 | 9.34 | [1]

Market Overview - On January 14, the AI glasses sector experienced a collective surge, with companies like Hanbo High-tech, Biyi Co., and Doctor Glasses hitting the daily limit up, while other firms such as Mingyue Lens and Rainbow Technology also saw significant gains [1] Company Highlights - Hanbo High-tech (301321.SZ) saw its stock price rise to 23.03, an increase of 20.01%, as it provides core components for MR/R terminal manufacturers [2] - Biyi Co. (603215.SS) reached a price of 22.90, up by 9.99%, with its subsidiary being the largest domestic producer of AR glasses waveguide modules, having launched a production line with a capacity of 100,000 units [2] - Doctor Glasses (300622.SZ) reported a stock price of 38.89, increasing by 19.99%, focusing on the last-mile fitting services for smart glasses and collaborating with various brands [2] - Mingyue Lens (301101.SZ) offers smart glasses with voice assistant features, achieving a price of 49.11, up by 13.37% [2] Industry Events - On January 13, Bloomberg reported that Meta suggested EssilorLuxottica SA increase its annual production capacity to 20 million units or more by the end of 2026, with discussions for further expansion to 30 million units if demand remains strong [3] - Major tech companies like Apple, Google, and ByteDance are accelerating their investments in the AI glasses market, with Apple planning to unveil Apple Glasses at WWDC 2026 and ByteDance expected to release its first AI glasses in Q1 2026 [3] Institutional Insights - The AI glasses market is projected to become a high-volume product, with global sales expected to reach 90 million units by 2030, reflecting a compound annual growth rate (CAGR) of 97.42% over six years [4] - The core innovation in AI glasses is driven by generative AI, transforming them from expensive accessories to interactive smart devices, with prices dropping to the consumer-friendly range of around 1,500 yuan [5] - The industry is entering a rapid growth phase, addressing previous issues of high pricing and limited functionality, with over 80% penetration of features like AI dialogue and AR navigation [5]

Market Overview - The entertainment products sector experienced a decline of 1.09% on January 13, with Mingyue Lens leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable gainers in the entertainment products sector included: - Chuangyuan Co., with a closing price of 28.10, up 3.73% and a trading volume of 237,700 shares, totaling 665 million yuan [1] - Sanbai Shuo, closing at 17.74, up 2.66% with a trading volume of 70,300 shares, totaling 12.5 million yuan [1] - Kangliyuan, closing at 45.75, up 1.96% with a trading volume of 31,500 shares, totaling 146 million yuan [1] - Conversely, Mingyue Lens saw a significant decline, closing at 43.32, down 3.99% with a trading volume of 56,000 shares, totaling 246 million yuan [2] Capital Flow - The entertainment products sector saw a net outflow of 207 million yuan from institutional investors, while retail investors contributed a net inflow of 275 million yuan [2] - The capital flow for specific stocks indicated: - Chuangyuan Co. had a net inflow of 32.65 million yuan from institutional investors, while retail investors had a net outflow of 25.11 million yuan [3] - Mingyue Lens experienced a net outflow of 7.54 million yuan from retail investors [3] - Sanbai Shuo had a net inflow of 11.81 million yuan from institutional investors, with a net outflow of 1.08 million yuan from retail investors [3]

Investment Rating - The report assigns an "Accumulate" rating for the smart glasses industry, indicating a positive outlook for investment in this sector [4]. Core Insights - The smart glasses industry is expected to enter a rapid growth phase, with companies in the supply chain poised to benefit from an upturn in market conditions. Recommended companies include Mingyue Lens, which is actively collaborating with leading brands, and Inpias, which is accelerating its entry into the smart sports equipment market [4][6]. - CES 2026 showcased a variety of innovative smart glasses, highlighting trends such as differentiated design, multi-core solutions for improved performance, and a focus on niche markets. Notable products include AI-integrated devices that enhance user experience through features like automatic life recording and real-time translation [2][6][7]. Summary by Sections Industry Overview - CES 2026 attracted over 4,000 companies, with more than 250 exhibitors focused on XR (extended reality) technologies. Major Chinese brands like Thunderbird Innovation, XREAL, and Rokid presented their latest smart glasses, emphasizing unique designs and advanced functionalities [6][7]. Product Highlights - Key products featured at CES 2026 include: - Thunderbird's X3 Pro, the first dual-eye AR glasses with eSIM support - XREAL's AR glasses with a 240Hz refresh rate - Rokid's lightweight AI glasses, designed for comfort and functionality [7][8]. Market Projections - Global smart glasses sales are projected to reach 1.52 million units in 2024, with a significant increase to 3.5 million units in 2025, representing a 230% year-on-year growth. By 2029, global sales are expected to hit 60 million units, with a CAGR of 109% from 2025 to 2029 [4][6].

Core Viewpoint - The story of Mingyue Lens reflects a growing trend in the lens supply industry, even as retail optical stores face challenges. The company's revenue and profit have shown consistent growth, indicating resilience in a competitive market [1][3]. Financial Performance - From 2017 to 2024, the company's revenue increased from 426 million yuan to 770 million yuan, while net profit rose from 17 million yuan to 177 million yuan [1]. - In the first three quarters of 2025, the company achieved revenue of 626 million yuan, a year-on-year increase of 7.39%, and net profit of 149 million yuan, up 8.83% year-on-year [1]. Market Position and Index Inclusion - Mingyue Lens was included in the CSI 1000 Index effective January 9, 2026, highlighting its visibility in the capital market [3]. - Despite this recognition, the company's stock price experienced a decline in 2025, raising questions about the sustainability of its growth amid retail challenges [3]. Business Model and Sales Strategy - The company operates without physical retail stores, relying on partnerships with various sales channels, including direct sales, distribution, and e-commerce [8][9]. - As of June 2025, Mingyue had 2,214 direct sales customers and 69 brand distributors, indicating a broad distribution network [8]. Product and Profitability - The lens market is characterized by high margins, with the company's unit lens cost around 6 yuan and retail prices ranging from tens to hundreds of yuan [5]. - The company has seen a continuous increase in gross margin, outperforming competitors like Kangnait Optical [8]. Brand Strategy and Market Positioning - Mingyue Lens is focusing on brand building to differentiate itself from competitors, moving away from price competition to a high-end branding strategy [12][13]. - The company has invested in marketing and brand awareness, which has positively impacted its pricing power and profitability [13]. Research and Development - The company has made strides in R&D, particularly in proprietary lens materials, but still lags behind international competitors in terms of patent numbers [17][18]. - The R&D expense ratio has been increasing, indicating a commitment to enhancing product capabilities [18]. AI Glasses and Future Prospects - The company has ventured into AI glasses, generating 6.51 million yuan in revenue from collaborations with Xiaomi, with a gross margin of 78.6% [18]. - The acceptance and sustainable growth of AI glasses among consumers remain uncertain, but the company’s marketing efforts need to be supported by strong product capabilities [18].

绿色工厂评选围绕能源低碳化、资源高效化、生产洁净化、产品绿色化、用地集约化等核心指标展 开，是企业绿色发展水平的权威认证。经企业（园区）自主申报、市级推荐、省级形式审查、专家评审 及公示等严格程序，省工信厅公布评选最终结果。36家企业榜上有名，标志着我市绿色制造体系建设再 添新成果。截至目前，全市累计已有107家工业企业、2家工业园区分别迈入省级绿色工厂和绿色工业园 区序列。 近年来，我市高度重视绿色制造体系建设，积极构建国家、省、市三级梯度培育体系，通过精准指 导与政策扶持，有力加快企业绿色转型步伐。市工信部门有关负责人表示，我市将持续把深化绿色制造 体系建设作为推动工业绿色低碳发展的重要抓手，通过强化政策引导、开展培训宣讲、推广先进典型等 举措，全面引导企业和园区加强绿色低碳改造升级，提升资源能源利用效率和可持续发展能力，为扎实 推进新型工业化，实现工业经济高质量发展注入绿色动能。（记者 陈志奎 通讯员 唐媛倩） 近日，省工信厅公布2025年度江苏省绿色工厂名单。记者从市工信部门获悉，我市镇江景宇管道设 备有限公司、明月镜片股份有限公司、江苏金合能源科技有限公司等36家企业成功入选。丹阳高新技术 产业开发 ...

证券之星消息，1月9日文娱用品板块较上一交易日上涨1.96%，浙江正特领涨。当日上证指数报收于 4120.43，上涨0.92%。深证成指报收于14120.15，上涨1.15%。文娱用品板块个股涨跌见下表： 从资金流向上来看，当日文娱用品板块主力资金净流出2187.94万元，游资资金净流出6121.75万元，散户 资金净流入8309.69万元。文娱用品板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 6688809 | 晨光股份 | 2190.83万 | 11.29% | -1515.58万 | -7.81% | -675.25万 | -3.48% | | 002899 | 英派斯 | 1711.25万 | 8.23% | -453.86万 | -2.18% | -1257.39万 | -6.05% | | 002862 | 实丰文化 | 976.57万 | 3.46% | 1503.01万 ...

Group 1 - The core adjustment of the indices reflects a shift towards high-quality stocks and market representation, with specific companies being added or removed based on their market capitalization and operational stability [1][2] - The inclusion of companies like Chip Source Microelectronics and Huada Gene reflects a trend towards innovation-driven economic transformation, focusing on high-end manufacturing and technological innovation [2][3] - The adjustments serve as a "vote" from the capital market on industry trends, indicating that long-term growth sectors are favored over short-term market fluctuations [3] Group 2 - The adjustments lead to structural reallocation of funds, with passive funds needing to buy newly included stocks and sell those that are removed, creating short-term liquidity premiums for the new entrants [4] - Investors are advised to focus on the underlying fundamentals of companies rather than short-term market movements, as long-term valuations depend on the companies' growth potential [4] - The adjustments are not isolated events but part of a broader market trend, emphasizing the importance of understanding the underlying rules of index composition and industry transformation [4]

據名單顯示，芯源微(688037.SH)調入中證500指數，明月鏡片(301101.SZ)調入中證1000指數，華大智造 (688114.SH)調入中證A500指數；ST人福(600079.SH)調出中證500及中證A500指數，芯源微調出中證 1000指數。 | | 指数代码 | 指数简称 | 证券代码 | 证券简称 | | --- | --- | --- | --- | --- | | 调入 | 000852 | 中证1000 | 301101.SZ | 明月镜片 | | | 000905 | 中证500 | 688037.5H | 芯濃微 | | | 000510 | 中iFA500 | 688114.SH | 华大智造 | | 増品 | 000852 | 中证1000 | 688037.SH | 芯源微 | | | 000905 | 中证500 | 600079.SH | ST人福 | | | 000510 | 中证A500 | 600079.SH | ST人福 | 智通財經APP獲悉，1月6日，中證指數發佈公告，根據指數臨時調樣規則及編制方案，中證指數有限公 司決定調整中證1000、中證500和中證 ...

【中证指数：中证1000等指数样本临时调整】智通财经1月6日电，中证指数1月6日公告，根据指数临时 调样规则及编制方案，中证指数有限公司决定调整中证1000、中证500和中证A500指数样本，于2026年 1月9日收市后生效。据名单显示，芯源微调入中证500指数，明月镜片调入中证1000指数，华大智造调 入中证A500指数；ST人福调出中证500及中证A500指数，芯源微调出中证1000指数。 转自：智通财经 ...