证券日报网讯希荻微11月26日在互动平台回答投资者提问时表示，公司高性能电源管理芯片产品已通过 ODM厂商进入Meta的供应链，应用于其智能眼镜产品，相关订单仍在持续出货中。截至目前，公司产 品已广泛应用于Meta、雷鸟、亿境等多家国内外品牌客户的AI/AR眼镜产品。公司对AI/AR等智能眼镜 市场前景持乐观态度，将持续关注市场发展趋势，不断扩充产品品类，以深化与下游客户以及终端客户 的合作。 ...

Beijing, China--(Newsfile Corp. - November 24, 2025) - iHuman Inc. (NYSE: IH), a leading provider of tech-powered, intellectual development products in China, today announced that its Investor Relations Director, Justin Zhang, will present at NobleCon21 - Noble Capital Markets' 21st Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL., on Wednesday, December 3rd at 12:00 PM Eastern Standard Time.Interested investors and guests of iHuman In ...

Summary of Perfect Corp Conference Call Company Overview - **Company Name**: Perfect Corp - **Ticker Symbol**: PERF - **Market Capitalization**: $175 million with 101 million shares outstanding at $1.75 per share [3] - **Cash Position**: $170 million with no debt [3] - **Founded**: 2015, based in Taipei, Taiwan [3] - **Employee Count**: Approximately 410, with about half in R&D [3] - **Revenue Distribution**: 50% from the US, 25% from the EU, and 20% from Japan [3] Business Model - **B2B and B2C Segments**: - B2B: Provides beauty and fashion software solutions to major brands (e.g., Estée Lauder, Shiseido) [3][5] - B2C: Offers apps available on iOS and Android, focusing on virtual try-on and photo/video editing [3][5] - **Revenue Shift**: - B2B revenue was approximately 75%-80% at the end of 2022, projected to drop to about 30% by the end of 2025 due to faster growth in B2C [5][29] Financial Performance - **Revenue Growth Guidance**: Expected growth of 13%-14.5% for the year, with a positive outlook for surpassing this guidance [26] - **Operating Income**: First positive operating income of $500,000 reported in the third quarter [27] - **Net Income**: Approximately $5 million with margins around 10% [28] - **Subscriber Count**: 940,000 paying subscribers, primarily from developed countries [11] - **Average Selling Price (ASP)**: Increased by $20 due to the introduction of a premium model [9] Technology and Innovation - **Focus on GenAI**: GenAI technology for photo and video editing is a key growth driver [4][20] - **Patents**: Over 55 patents related to their technology [13] - **AI Integration**: Plans to embed AI agents in all apps by 2026, focusing on personalized beauty and fashion advice [18] Market Dynamics - **B2B Challenges**: Financial pressures on brand clients due to macroeconomic factors have slowed B2B growth [5][6] - **B2C Growth**: Rapid growth in B2C driven by changing consumer habits, especially during the pandemic [5] - **Competitive Landscape**: Limited large competitors in the B2B space, with many smaller players in the B2C segment [34] Strategic Initiatives - **M&A Activity**: Recent acquisition of Wannabe, enhancing virtual try-on capabilities for luxury brands [21] - **API Business Growth**: Increased interest from non-beauty companies integrating Perfect Corp's API for virtual try-on solutions [26] Customer Engagement - **User Demographics**: 75%-80% of users are female, primarily in their teens to 20s [34] - **Retention Rate**: High retention rate of over 90% for B2B clients [12][25] Future Outlook - **Growth Avenues**: Continued focus on GenAI technology, skincare analysis, and virtual try-on for accessories [30] - **Potential for Dividends or Buybacks**: Management is considering options based on cash availability [30] Key Risks - **B2B Revenue Dependency**: Slower growth in B2B could impact overall revenue if not offset by B2C growth [6][29] - **Market Competition**: Potential for larger players to enter the market or acquire the company [34] This summary encapsulates the key points discussed during the conference call, highlighting the company's current status, market dynamics, financial performance, and future strategies.

Summary of Perfect Corp (NYSE: PERF) FY Conference Call - November 19, 2025 Company Overview - Perfect Corp is a software company focused on beauty and fashion, founded in 2015 and based in Taipei, Taiwan - Current share price is approximately $1.75 with a market cap of $175 million and $170 million in cash, no debt [1][25] - The company has around 410 employees, with about half in R&D [1][12] Revenue Breakdown - Revenue distribution: approximately 50% from the US, 25% from the EU, and 20% from Japan [2] - Business model includes B2B (providing software solutions to major brands) and B2C (consumer apps available on iOS and Android) [2][3] - Shift in revenue sources: B2B accounted for 75%-80% of revenue at the end of 2022, projected to drop to about 30% by the end of 2025 due to faster growth in B2C [3][36] Growth Drivers - GenAI technology for photo and video editing is a key growth driver for both B2B and B2C segments [3][8] - B2C apps have seen significant growth due to changing consumer habits, especially during the pandemic [4] - The introduction of a premium model for B2C apps has increased average selling price (ASP) by approximately $20 [7] B2B Segment Challenges - B2B growth has slowed due to financial pressures on brand clients from macroeconomic factors like inflation and interest rates [4][5] - Retention rate for B2B clients is over 90%, but cross-selling has become challenging due to client financial constraints [11][22] B2C Segment Insights - B2C apps have approximately 940,000 paying subscribers, primarily from developed countries [9] - Monetization model includes a freemium approach with various subscription options ranging from $5 to $70.99 annually [6][7] - Despite a slight decrease in the number of paid subscribers, ASP continues to grow [28] Technology and Innovation - The company holds over 55 patents and has developed technology in-house for over a decade [12] - Future plans include embedding AI agents in all apps by 2026 to enhance user experience [16][19] Financial Performance - Guidance for revenue growth is between 13%-14.5% for the year, with expectations to surpass this [25] - Operating cash flow is positive, with a net income of about $5 million and margins around 10% [26][27] - The company has increased its workforce by about a third over the past two years to support technology development [26] Market Position and Competition - The company is a leader in the B2B beauty and fashion software market, with limited large competitors [34] - There is potential for M&A activity, as seen with past interest from companies like Alibaba and L'Oréal [30][34] Future Outlook - Continued focus on GenAI technology and skincare analysis, with plans for potential dividends or buybacks depending on management decisions [28][29] - The company aims to leverage its existing data and technology to enhance both B2B and B2C offerings [35] Key Takeaways - Perfect Corp is positioned for growth in the beauty and fashion tech space, with a strong emphasis on AI-driven solutions - The shift from B2B to B2C revenue highlights changing consumer preferences and market dynamics - Financial health appears stable, with positive cash flow and strategic plans for future growth and innovation [25][26][27]

利亚德（300296.SZ）11月14日在投资者互动平台表示，与Rokid眼镜的合作主要在于文旅场景创新体验 方式的探索。作为AI/AR眼镜领域的先行者，Rokid已具备成熟的AR产品并在文旅场景有应用案例，而 利亚德多年来在文旅、展陈等市场深耕，已积累诸多优质客户资源，为满足客户对沉浸感交互式体验的 旺盛需求，双方将发挥各自优势，加速推进AR眼镜在文旅展陈等场景的应用。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：Rokid眼镜有用到公司的技术或者产品吗？ ...

Core Insights - Biyi Co., Ltd. has established a strategic partnership with LiPai Guangjing to enhance its capabilities in the micro-display and optical waveguide sectors, which are crucial for AI/AR glasses [2] - The company has set up an AR glasses assembly line in the China-Italy Smart Home Industrial Park and is moving towards small-batch verification and market collaboration for its smart wearable products [2] Company Developments - Biyi Co., Ltd. is leveraging its manufacturing capabilities to push forward the development of smart wearable products [2] - The strategic cooperation with LiPai Guangjing aims to integrate assembly processes and technology advantages to strengthen product offerings in the AI/AR market [2]

Core Viewpoint - Biyi Co., Ltd. (603215.SH) has established a strategic partnership with Li Pai Guang Jing to enhance its capabilities in the micro-display and optical waveguide sectors, which are crucial for AI/AR glasses [1] Group 1: Company Developments - Biyi Co., Ltd. has laid out an assembly line for AR glasses in the Sino-Italian Smart Home Industrial Park [1] - The company aims to advance its smart wearable products from small-batch verification to market collaboration [1] - The strategic cooperation with Li Pai Guang Jing focuses on integrating assembly capabilities with technological advantages in micro-displays [1] Group 2: Industry Insights - The partnership is positioned to leverage technological strengths in the AI/AR glasses market, indicating a growing trend in smart wearable technology [1] - The collaboration highlights the importance of component manufacturing in the development of advanced wearable devices [1]

Core Viewpoint - Biyi Co., Ltd. (603215.SH) is leveraging its technological advantages in micro-displays and optical waveguides to provide key components for AI/AR glasses, indicating a strategic focus on the smart wearable market [1] Group 1: Company Developments - The company has established an AR glasses assembly line in the China-Italy Smart Home Industrial Park [1] - A strategic cooperation intention has been reached with Li Pai Guang Jing through its wholly-owned subsidiary, Zhejiang Biyi Intelligent Manufacturing Technology Co., Ltd. [1] - The collaboration aims to advance the company's smart wearable products from small-batch verification to market cooperation [1]

Core Viewpoint - The company is focusing on the development of AR glasses technology, particularly its coating technology, which is currently applied to AR glasses but has a limited impact on overall performance [2]. Group 1: Technology and Product Development - The company's AR glasses coating technology is primarily used in AR glasses [2]. - Current AR product offerings have a minimal impact on the company's financial performance [2]. Group 2: Market Demand and Orders - There is a strong demand for AR glasses in foreign markets, leading to a supply shortage [2]. - The company is considering increasing investment in the development of components and technology for AI/AR glasses [2].

Group 1 - Meta held the 2025 Connect conference on September 18, 2025, unveiling three new eyewear products, including the first AR glasses featuring high-precision display and a Meta neural sensing wristband for muscle signal control [1] - The launch of new products is expected to accelerate the development of the AI/AR industry, benefiting related companies in the supply chain [1] Group 2 - Baofeng Energy reported a significant increase in performance for the first half of 2025, with total revenue reaching 22.82 billion yuan, a year-on-year increase of 35.05%, and net profit attributable to shareholders of 5.72 billion yuan, up 73.02% [1] - In Q2 2025, the company achieved revenue of 12.05 billion yuan, a year-on-year growth of 38.97% and a quarter-on-quarter increase of 11.87%, with net profit of 3.28 billion yuan, reflecting a year-on-year increase of 74.17% and a quarter-on-quarter increase of 34.64% [1] - The production commencement of the Inner Mongolia project is viewed as a key driver for the company's performance growth [1] Group 3 - The overall gross margin for the company in H1 2025 was 36.74%, an increase of 3.14 percentage points year-on-year [2] - Gross margins for specific products were 39.14% for polyolefins, 26.16% for coking, and 32.99% for fine chemicals, with year-on-year changes of +3.52 percentage points, -0.97 percentage points, and -8.59 percentage points respectively [2] - The company's sales, management, R&D, and financial expense ratios for H1 2025 were 0.28%, 2.79%, 1.88%, and 2.47%, with year-on-year changes of -0.09 percentage points, +0.23 percentage points, -0.47 percentage points, and +0.24 percentage points respectively [2]