佳禾智能2024年营收24.67亿元，加紧向AI/AR眼镜领域布局

Core Insights - Jiahe Intelligent (佳禾智能) reported a stable performance in its 2024 annual report, achieving a revenue of 2.467 billion yuan and a net profit of 41.32 million yuan, with a year-on-year increase in operating cash flow of 7.51% [1] - The company is focusing on a diversified product portfolio, including headphones, speakers, smartwatches, and smart glasses, while also expanding into new energy storage products [1] - The global headphone shipment is projected to grow, with China being a major growth driver, as Jiahe Intelligent's headphone revenue reached 1.906 billion yuan, marking a 2.23% increase [1] Business Strategy and Development - Jiahe Intelligent is actively entering the AI/AR sector, with a significant growth forecast for AI glasses, as global shipments are expected to surge by 210% in 2024 [2] - The company is implementing a "Five New" strategy focusing on new product development, technology application, component research, process iteration, and system integration to enhance its industry influence [2] - The company has established a collaborative R&D center with multiple specialized laboratories to support cross-domain technological innovation [2] Research and Innovation - Jiahe Intelligent invested 129 million yuan in R&D in 2024, reflecting a 3.41% increase, and holds 882 valid patents, including 106 invention patents in China [3] - The company is progressing in the AI/AR glasses sector, transitioning from smart audio glasses to advanced AI/AR glasses, with ongoing production of the INMO GO series [3] - Jiahe Intelligent is strengthening collaborations with upstream and downstream partners in the AI/AR glasses supply chain to provide efficient and intelligent solutions [3] Corporate Restructuring and Market Expansion - In March 2025, Jiahe Intelligent rebranded its subsidiary to Jiahe Yuanqi (佳禾元启) to focus on AI and AR, marking a strategic shift in its core business [4] - The establishment of Jiahe International in Singapore aims to enhance overseas market capabilities and mitigate risks from international economic fluctuations [4] - The company anticipates an increase in the market share of smart glasses, contributing to a second growth curve in performance and sustainable development [4]