智通财经APP获悉，东吴证券发布研报称，康耐特光学(02276)传统业务基本面稳固，成长路径清晰，随 AI智能眼镜进入规模化拐点，有望进一步打开市场空间。考虑公司XR业务尚处于早期，技术与渠道优 势显著，看好其成长潜力，首次覆盖给予"买入"评级。 东吴证券主要观点如下： 国内树脂镜片领军者，盈利能力持续增强 镜片行业长坡厚雪，智能眼镜爆发在即 视力矫正为刚性需求，2024年中国儿童青少年近视人数达1.2亿，老视人数达4.5亿，推动中国镜片制造 端销售额增至207.2亿元。随使用场景多元化，具备防蓝光、抗疲劳等属性的功能性镜片需求快速提 升。此外，2024年国内高折射率（1.70及以上）镜片市场占比仅约0.7%，随着对轻薄美观需求的增加， 高价值量的高折射率产品替代空间巨大。该行认为智能眼镜行业正处于"供给创造需求"的关键转折点， 阿里、亚马逊、Meta等全球科技巨头加速布局智能眼镜赛道。头部镜片厂商有望充分受益：一方面， 智能眼镜对极致轻薄的要求将倒逼高折射率（如1.74）镜片成为标配；另一方面，AR光波导模组的价 值量更高，有望进一步驱动产品结构优化提利润率。 康耐特光学是中国领先的树脂眼镜镜片供应商，拥有 ...

「锦秋AI实验室」 这是一档专注于探索和评测AI产品在实际场景中应用效果的栏目。 我们正在 用AI 解锁100个效率场景。 下一个场景会是什么？ 我们不做"堆参数"的测评，我们做极限对照实验。 因为极端，才能看得清楚。 对消费者来说， 制造业的终点永远是普惠。如果一个产品能用 1/10 的价格做到 80% 的体验 ，那它就可能改变大众的消费习惯，甚至改变行业本 身。我们想告诉消费者： 哪一些花钱值得，哪些花钱没意义。 对创业者来说， "最便宜 vs 最贵"不是公平竞争，但却是现实竞争。不管你愿不愿意，消费者都会把你放在这两个极端之间思考。与其抱怨，不如思 考：到底哪些体验是必须坚持的，哪些功能砍掉也不会死？哪些技术值得重仓，哪些方向只是情怀？ 对投资人来说， 当最贵和最便宜看起来体验差距巨大时，说明产业还有突破空间；当两者差距快速缩小时，往往意味着新技术落地、供应链成熟、 拐点即将到来。 最终，想用价格的两端，看清行业的真相。因此，我们想看看： 价格最高的那款 Meta智能眼镜 与某电商买的 仅200左右的便宜AI眼镜 ，从 外观与舒适度、AI 能力、续航与交互体验、以及隐形 成本与功能定位 几个角度来对比： ...

消费电子ETF紧密跟踪中证消费电子主题指数，中证消费电子主题指数选取50只业务涉及元器件生产、 整机品牌设计及生产等消费电子相关的上市公司证券作为指数样本，以反映消费电子主题上市公司证券 的整体表现。 数据显示，截至2025年11月28日，中证消费电子主题指数(931494)前十大权重股分别为立讯精密 (002475)、寒武纪(688256)、工业富联(601138)、中芯国际(688981)、京东方A(000725)、澜起科技 (688008)、兆易创新(603986)、豪威集团(603501)、东山精密(002384)、亿纬锂能(300014)，前十大权重 股合计占比56.39%。 消费电子ETF(561600)，场外联接(平安中证消费电子主题ETF发起式联接A：015894；平安中证消费电 子主题ETF发起式联接C：015895；平安中证消费电子主题ETF发起式联接E：024557)。 数据来源：wind 风险提示：基金有风险，投资需谨慎。基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资 产，但不保证本基金一定盈利，也不保证最低收益。基金管理人提醒投资人基金投资的"买者自负"原 则，在做出投资决 ...

Core Insights - A prototype Apple device running an early version of iOS 26 has leaked, revealing detailed hardware plans for the next two years across five product categories, including iPhone, Mac, and wearables [1] Group 1: Product Innovations - Apple is actively developing breakthrough products such as a foldable phone (iPhone Fold V68), a lightweight headset (Vision Air N100), and AI smart glasses (N401) [2] - Regular product lines will see updates, with the iPhone 17e (V159) and iPhone 18 Pro series (V63/V64) continuing their iterations [2] Group 2: Performance Upgrades - The iPad Air M4 version (J707-J738) and M5/M6 chip MacBook (J700/J804) are aimed at performance enhancements [2] Group 3: Smart Home Developments - In the smart home sector, new products such as AirTag 2 (B589), HomePod mini 2 (B525), and two home hubs (J490/J491) have been disclosed [2] Group 4: Chip Developments - New chips including M5 Pro/Max (T6050), M6 (T8152), and A20 series (T8160) have also been revealed [2] Group 5: Release Timeline - Some products, like AirTag 2, iPad, and smart home hubs, are expected to launch in early 2026, while others may debut by the end of 2026 [2]

Core Insights - Quark AI glasses S1 are experiencing high demand, frequently selling out across multiple channels, with a reported shipping delay of up to 45 days [1] - The resale market for Quark AI glasses S1 has seen prices soar to 4000-5000 yuan [1] Production and Supply Chain - Quark has added a new production line, which is expected to gradually increase capacity starting next week [1] - An insider from Luxshare Precision revealed that Quark's team has been closely monitoring shipments and has established a new assembly line in their factory [1] - The founder of ZhiGe Technology stated that they are accelerating production of optical waveguide orders for Quark AI glasses, with newly purchased equipment already in use [1] Market Strategy - Quark's internal team aims to fully release production capacity by January to capitalize on the upcoming Spring Festival consumer surge [1] - The S1 and G1 series of Quark AI glasses were officially launched in November, with the S1 series starting at a price of 3799 yuan and the G1 series starting at 1899 yuan, marking the first hardware equipped with Qianwen [1]

在闲鱼等二手交易平台上，夸克AI眼镜S1的转卖价格普遍维持在4000元左右。对于部分能够"秒发货"的 现货产品，卖方更是给出了超过5000元的高价，远超官方售价。市场上还衍生出了"租赁"业务。据悉， 夸克AI眼镜的每日出租价格在40元至95元不等，足见市场尝鲜需求的旺盛。 据统计，在夸克AI眼镜S1开售后的4个小时内，产品便迅速登顶天猫、京东、抖音三大平台的智能眼镜 相关热销榜。11月27日的数据显示，该款产品一举夺得天猫XR设备行业销量与店铺双第一、抖音电商 智能设备榜榜首，并牢牢占据京东智能眼镜实时销售排行首位。 本报讯(记者袁传玺)近日，夸克AI眼镜S1在多个渠道频频"上架即售罄"。发货周期已被拉长至45天，而 在二手交易市场，现货价格更是被炒到4000元-5000元。天猫、抖音、京东等主流电商平台显示，夸克 AI眼镜S1均处于售罄状态。 针对"一镜难求"的现状，天猫旗舰店官方客服回应称，由于当前产能有限，每天上午10点会限量上架一 批货，"但通常不到半个小时就会被抢光，建议有需要的用户10点准时来选购"。客服表示，目前正在紧 急增产备货，尽快让消费者能收到货。 线上抢不到，线下同样面临严重的缺货问题。 ...

Group 1 - The AI glasses market is entering a new phase of scaled growth, with significant participation from major tech companies and startups [6][7] - Google announced the development of two types of AI glasses, with the first model expected to launch in 2026, in collaboration with partners like Samsung and Warby Parker [5] - The global smart glasses market is projected to ship 12.8 million units in 2025, a 26% year-on-year increase, with China's market expected to reach 2.75 million units, growing by 107% [6] Group 2 - As of December 8, over 40 concept stocks related to the AI glasses industry have a combined market value exceeding 1.8 trillion yuan, with an average increase of 16.35% this year [7] - Jiangbolong has seen a remarkable increase of 217.44% since 2025, making it the top performer among AI glasses concept stocks, with a net profit of 713 million yuan in the first three quarters of the year [7][8] - Institutional interest in AI glasses stocks is high, with nine stocks receiving more than ten institutional research visits this year, including Jiangbolong, which has been researched 56 times [7][9]

Core Viewpoint - The release of Li Auto's first AI smart glasses, Livis, on December 3, 2025, marks a significant development in the AI glasses industry, which is seeing participation from internet giants, smartphone manufacturers, and AR startups, indicating a shift towards consumer acceptance and market penetration [1] Industry Summary - The AI glasses industry is experiencing diverse participation from various players, including internet giants, smartphone manufacturers, and AR startups, leading to a wide range of product offerings [1] - The release of Livis contributes to the establishment of a more comprehensive ecosystem for the Li Auto brand, enhancing its market presence and competitive edge [1] - Technological advancements are driving market demand, positioning the smart glasses industry for significant growth and development [1]

Group 1 - The VR headset market is declining while the smart glasses sector is experiencing a resurgence, particularly with major companies entering the space, attracting significant attention [1][3] - Alibaba has launched the Quark AI glasses S1, integrating advanced AI capabilities such as real-time translation and payment, marking its entry into the consumer wearable device market [1] - Li Auto has introduced its first Livis AI glasses, which can control various functions of its vehicles through voice commands, showcasing the integration of smart glasses with automotive technology [1] Group 2 - The smart glasses industry has evolved significantly, enhanced by AI, resulting in lighter designs and a broader range of applications, positioning AI glasses as a potential new entry point for consumer engagement [3][8] - Major tech giants like Meta, Google, and Apple are focusing on AI/AR glasses, indicating the strategic importance of this technology in the AI era [3] - The investment landscape for AI smart glasses has become active, with over 4 billion yuan invested in the sector this year, highlighting opportunities for startups due to the maturity of the supply chain and AI model integration [4][5] Group 3 - In 2025, the smart glasses sector recorded 36 financing events totaling approximately 4.367 billion yuan, involving 26 startups across various industry segments [5] - The distribution of financing rounds shows that early-stage investments (pre-A rounds) and later-stage investments (B rounds and beyond) each account for 40%, indicating ongoing innovation and market validation [7][8] - The geographical distribution of companies shows that Guangdong (mainly Shenzhen) and Beijing dominate, reflecting manufacturing advantages and R&D clusters, with many companies also targeting international markets [10] Group 4 - Thunderbird Innovation has emerged as a leader in the consumer AR glasses market, completing three rounds of financing in one year, with a total amount exceeding several hundred million yuan [11][13] - INMO has raised over 150 million yuan in recent financing rounds, focusing on creating an AI+AR content ecosystem with its INMO Go3 AI glasses [14] - Gyges Labs has developed innovative secret display technology and completed a Pre-A+ round of financing, with its first product expected to launch next year [17] Group 5 - Light Particle Technology has secured B round financing and focuses on AR smart swimming goggles, successfully entering international markets [20] - Liangliang Vision has transitioned from enterprise services to consumer markets, launching a new translation glasses product with high accuracy in noisy environments [21][24] - Micro Light Electronics has adopted a modular approach to AR smart glasses, allowing users to utilize AR without needing additional prescription glasses [24] Group 6 - The smart glasses sector is expected to see new technological validations in 2025, leading to consumer product innovations, with a projected maturation phase from 2026 to 2030 [28] - The integration of AR and AI is becoming a trend, with new functionalities like translation and health monitoring emerging as key selling points [28] - Chinese local companies with a global perspective are better positioned to capitalize on overseas markets, supported by established supply chains [29]

理想 Livis重36克，续航时间18.8小时，配备支持无线充电的眼镜盒，及 Type-C充电接口。 科技灰 橄榄绿 经典 超轻镜架 半透明科技质感 全天候佩戴无负担 智能内敛,颜值外露。 2种质感 亮光半透 哑光半透 3款色彩 理想汽车正式发布首款AI智能眼镜 Livis，售价1999元起。 12月31日前下单，享15%政府补贴，补贴后为售价为1699元起。 中国人头型数据模型 15° 137mm 137mm 镜腿间距 可调节鼻托 转轴外翻 4mm 0 日壮从变云 上中出品 片狂XL海王 下载财联社APP获取更多资讯 准确 快速 权威 专业 头条新闻 7x24h电报 实时盯盘 VIP资讯 ...