Core Viewpoint - The company launched the KTC AI interactive glasses on August 18, 2025, featuring flagship-level specifications at a competitive price of 1499 yuan, significantly lower than competitors [1] Group 1: Product Features - The KTC AI glasses integrate the Doubao large model for functions such as encyclopedia Q&A, image recognition, and simultaneous translation, along with an AI flash memory feature for fragmented memory tasks like parking [1] - The glasses utilize the Qualcomm Snapdragon AR1 chip and Sony IMX 681 sensor, offering 12 million pixels, vertical photo capture (3024×4032), and video recording (1440×1920 at 30fps), with EIS stabilization and HDR shooting capabilities [1] Group 2: Market Potential - The AI glasses market is experiencing high growth, with global shipments expected to reach 2.34 million units in 2024, a year-on-year increase of 588%, and projected to reach 26 million units by 2028, with a CAGR of 82.6% from 2024 to 2028 [1] - The AI glasses industry is still in its early development stage, with significant market opportunities arising from product iteration and improvement [1] Group 3: Company’s AI Product Portfolio - In addition to the new AI glasses, the company offers several AI products, including a medical AI all-in-one machine for dynamic imaging and model training, an AI smart all-in-one machine, an AI companion machine with various functionalities, and an AI learning machine focused on educational applications [2] Group 4: Financial Projections - The company expects net profit attributable to shareholders to be 990 million, 1.19 billion, and 1.38 billion yuan for 2025-2027, with a CAGR of 18.3% from 2024 to 2027; EPS is projected to be 1.41, 1.69, and 1.97 yuan, with PE ratios of 17.4, 14.5, and 12.5 respectively [2]
康冠科技(001308):AI眼镜热潮 康冠助推科技普惠