1月5日消息，雷鸟创新完成新一轮超10亿元融资。本轮融资由中国移动（600941）链长基金与中信金石 (旗下茅台金石、金石成长等基金)领投，中国联通旗下联创创新基金等机构共同参与，此次融资标志着 国内运营商首次战略投资智能眼镜赛道。(科创板日报) ...

Core Viewpoint - The "2025 People's Finance Forum" highlighted the importance of digital finance innovation, with Zhaolian Consumer Finance Co., Ltd. recognized for its AI-driven initiatives in the financial sector [1][3]. Group 1: Digital Finance Innovation - The forum focused on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, collecting innovative case studies from across society [3]. - Zhaolian's project, "Constructing an AI Intelligent Ecosystem to Lead Industry Digital Transformation," was selected as a notable case, showcasing its commitment to digital finance and its impact on the real economy [3][4]. Group 2: AI Applications and Consumer Protection - Zhaolian launched the industry's first open-source large model, "Zhaolian Zhilu," which has undergone two iterations, enhancing its ability to handle complex business scenarios [4]. - The "Zhaolian Zhilu Consumer Protection Intelligent System" has been developed to proactively address consumer issues, achieving a 90% first-time resolution rate for over 60 scenarios [4][5]. Group 3: Self-Service Innovations - Zhaolian has created a digital self-service system characterized by "confidence" and "self-healing" services, allowing real-time interaction with customers and dynamic adjustments to products and services [5]. - The "confidence" service has enabled over 15 million customers to complete self-service authentication and approval, while the "self-healing" service has supported over 200,000 customers with personalized repayment solutions [5]. Group 4: Social Responsibility and Traditional Industry Empowerment - Zhaolian is extending its technological innovations into the traditional Chinese medicine sector, developing the "Zhongsi" model to enhance diagnostic efficiency and support healthcare in underserved areas [6]. - The initiative aims to alleviate healthcare resource shortages in third- and fourth-tier cities, demonstrating Zhaolian's commitment to social responsibility and innovation in traditional industries [6].

Core Insights - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) closed up 0.41% on January 5, with a trading volume of 42.81 million yuan [1] - The fund was established on August 20, 2025, with an annual management fee of 0.50% and a custody fee of 0.10% [1] - As of December 31, the fund's latest share count was 354 million shares, with a total size of 350 million yuan, indicating no change in share count or size year-to-date [1] Fund Performance - The current fund manager is He Yuxuan, who has managed the fund since its inception, with a return of -0.81% during the management period [2] - The fund's top holdings include COSCO Shipping Holdings, Orient Overseas International, China National Foreign Trade Transportation Group, PetroChina, CITIC Bank, CNOOC, China Shenhua Energy, People's Insurance Company of China, China Unicom, and Agricultural Bank of China, with respective holding percentages [2] Liquidity and Trading Activity - Over the last 20 trading days, the cumulative trading amount for the fund was 531 million yuan, with an average daily trading amount of 26.56 million yuan [1]

Group 1 - RayNeo, a leading consumer AR brand, recently completed a financing round exceeding 1 billion yuan, led by China Mobile Chain Long Fund and CITIC Jinshi, with participation from China Unicom's Lianchuang Innovation Fund [1][3] - This financing marks the first strategic investment by domestic operators in the smart glasses sector, indicating that AR terminals are now part of the national communication infrastructure's strategic vision [1][3] - The continuous capital injection will provide strong momentum for RayNeo's technology research and global market expansion, accelerating its path to becoming a unicorn [1][3] Group 2 - The upcoming CES 2026 will showcase RayNeo's first AR smart glasses, "RayNeo X3 Pro Project eSIM," which features dual full-color MicroLED display technology and integrates an eSIM communication module with 4G protocol support [1][6] - The collaboration with telecom operators not only brings capital endorsement but also establishes a deep strategic partnership, focusing on market channel co-construction, business model innovation, and core technology ecosystem [4][8] - The introduction of eSIM technology allows the smart glasses to function independently without a smartphone, enabling features such as making calls, AI dialogue, and high-quality real-time translation [7][8] Group 3 - RayNeo has achieved significant breakthroughs in core technologies, including MicroLED color production and optical display, positioning itself as one of the few AR companies with end-to-end self-research capabilities [8][10] - The company has seen rapid market growth, with a global market share of 24% in Q3 2025, leading in shipment volume for two consecutive quarters, and maintaining the top position in the Chinese market for four years [10][13] - RayNeo's products are now available in over 25 countries, with a cumulative user base exceeding 500,000, and its overseas sales have increased by 3.8 times year-on-year [10][13] Group 4 - The strategic investment from operators, continuous technological breakthroughs, and steady market share growth signify that the AR industry is transitioning from early exploration to a key phase of scaled development [13] - With the implementation of eSIM technology, deep integration of AI models and spatial computing, and comprehensive support from telecom channels, AR smart glasses are poised for a significant market breakthrough [13][14] - RayNeo is positioned as a dual role leader in technology and industry infrastructure, at the forefront of this transformative change in the AR sector [13][14]

【雷鸟创新获移动、联通旗下基金投资 新一轮融资规模超10亿】2026年1月5日，《中国经营报》记者 从雷鸟创新方面了解到，其于近期完成新一轮融资。由中国移动链长基金与中信金石（旗下茅台金石、 金石成长等基金）领投，中国联通旗下联创创新基金等机构共同参与，融资金额超10亿元。 雷鸟创新方面表示，借助运营商覆盖全国的线下服务网点、数以亿计的用户基数，雷鸟AR智能眼镜将 触达更广泛的消费群体；"充话费送眼镜""合约机"等运营商擅长的服务模式，将大幅降低用户对AR智 能眼镜的尝试门槛，成为后续市场爆发的关键推手。同时，运营商在eSIM、5G等关键通讯技术，AI服 务及内容生态等方面的资源，也将为雷鸟创新的产品演进提供强大支撑。 X3 Pro Project eSIM RayNeo | OCES 6 @中国经营报 据悉，雷鸟创新将于CES 2026期间展示首款搭载eSIM的AR智能眼镜"雷鸟X3 Pro Project eSIM"，产品采 用双目全彩MicroLED显示方案、集成了eSIM通信模块与4G协议支持。中经记者 秦枭 北京报道 下一部手机 。 何必是手机 。 ...

中经记者 秦枭 北京报道 据悉，雷鸟创新将于CES 2026期间展示首款搭载eSIM的AR智能眼镜"雷鸟X3 Pro Project eSIM"，产品采 用双目全彩MicroLED显示方案、集成了eSIM通信模块与4G协议支持。 （编辑：张靖超 审核：李正豪 校对：颜京宁） 2026年1月5日，《中国经营报》记者从雷鸟创新方面了解到，其于近期完成新一轮融资。由中国移动链 长基金与中信金石（旗下茅台金石、金石成长等基金）领投，中国联通旗下联创创新基金等机构共同参 与，融资金额超10亿元。 雷鸟创新方面表示，借助运营商覆盖全国的线下服务网点、数以亿计的用户基数，雷鸟AR智能眼镜将 触达更广泛的消费群体；"充话费送眼镜""合约机"等运营商擅长的服务模式，将大幅降低用户对AR智 能眼镜的尝试门槛，成为后续市场爆发的关键推手。同时，运营商在eSIM、5G等关键通讯技术，AI服 务及内容生态等方面的资源，也将为雷鸟创新的产品演进提供强大支撑。 ...

FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00762 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 30,598,124,345 | | 0 | | 30,598,124,345 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 30,598,124,345 | | 0 | | 30,598,124,345 | 第 2 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年12月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司 ...

Core Viewpoint - The upgrade of digital RMB from a "pilot product" to a "core liability and infrastructure" of banks will lead to an "order-driven + long-term penetration" impact on A-shares, rather than a simple thematic trade [1][2]. Group 1: Digital RMB Upgrade - The People's Bank of China will officially launch a new generation of digital RMB measurement framework and management system starting January 1, 2026, transitioning from "cash-type 1.0" to "deposit currency-type 2.0" [2]. - The core of the 2.0 mechanism is the redefinition of liability attributes and the inclusion of a macro framework, where balances in real-name wallets at commercial banks will be treated as "account-based commercial bank liabilities" [3]. Group 2: Financial IT Impact - Financial IT companies are likely to benefit from the need for banks to transform their core systems, accounting, channels, and data governance as the digital RMB infrastructure is implemented [1]. - The digital RMB will enhance the willingness of users to hold and use it by providing interest payments on wallet balances, similar to traditional deposits, thus creating a manageable asset-liability space for banks [3]. Group 3: Technical Architecture - The proposed digital path includes an "account system + currency string + smart contracts," which aims to standardize the wallet system and enhance the resilience of the system while ensuring compatibility with distributed ledger technology (DLT) [4]. - The smart contract ecosystem will facilitate programmable digital payments, reducing misuse risks and compliance costs across various scenarios such as supply chain finance and fiscal subsidies [4]. Group 4: Investment Recommendations - Companies such as Hengsheng Electronics, Jingbeifang, Changliang Technology, and Yuxin Technology are recommended for their potential in payment acceptance and terminal expansion [5]. - Communication operators like China Telecom, China Unicom, and China Mobile are expected to benefit directly from capabilities related to SIM hard wallets and cross-border connections [5].

1月5日，雷鸟创新（RayNeo）宣布近期完成新一轮超 10 亿元融资。本轮融资由中国移动链长基金与中 信金石（旗下茅台金石、金石成长等基金）领投，中国联通旗下联创创新基金等机构共同参与。持续的 资金注入，将为雷鸟创新的技术研发与全球市场拓展提供强劲动能。同期，雷鸟创新预告将于CES 2026期间展示首款搭载eSIM的AR智能眼镜"雷鸟X3 Pro Project eSIM"。 ...

Core Insights - The article discusses the rapid growth and investment in the smart glasses sector, particularly in the context of AI and AR technologies, with a focus on the company Thunderbird Innovation [2][3][11] - It highlights the competitive landscape, emphasizing that while many players are entering the market, only a few will succeed in achieving sustainable sales and user retention [2][3][11] Investment and Market Dynamics - Thunderbird Innovation has secured a new round of financing, significantly oversubscribed, indicating strong investor interest in the smart glasses market [2][3][23] - The company holds a 24% global market share in AR smart glasses as of Q3 2025, maintaining its position as the market leader for two consecutive quarters [3][17] - The investment from major Chinese telecom operators marks a strategic shift, as they view smart glasses as the "next generation of mobile phones" [3][19] Product Development and Strategy - Thunderbird plans to showcase its first eSIM AR glasses at CES 2026, which will feature dual full-color displays and an integrated eSIM module [4][19] - The company aims to develop "killer applications" for its smart glasses, focusing on enhancing user experience and functionality through AI integration [10][30][36] - The CEO believes that 2026 will be the true breakthrough year for smart glasses, with products finally meeting user experience standards [6][12] Competitive Landscape and Future Outlook - The smart glasses industry is expected to evolve through three phases, with the first phase focusing on identifying who can create the next "iPhone" of smart glasses [15][17] - The article suggests that the current excitement in the industry does not equate to maturity, as many products still lack the necessary user experience [6][14] - Thunderbird's strategy includes a strong emphasis on global expansion, with expectations that overseas revenue will exceed 50% by 2026 [3][26] Technological Advancements - The company is investing heavily in R&D to enhance optical display technology, AI capabilities, and overall product performance [7][30][22] - Future products will focus on achieving low power consumption and high performance to ensure all-day wearability [30][32] - The integration of AI into smart glasses is seen as a critical area for development, with the goal of creating transformative applications that leverage AI's capabilities [31][36]