成为Google在全球AR领域首家且唯一合作的中国企业，XREAL创始人兼CEO徐驰形容团队仿佛 站在了巨人的肩膀上，可以参与到全球第一线的分工中去。 XREAL创立后，用徐驰的话说，团队选择了一个"笨方式"， 走了一条弯路去开发产品。不仅深入底层模块的算法能力进行 打磨、创新，还"咬着牙"做芯片、光机等硬件模块的自研，希 望能做出一款轻量化、分体式的百万级AR眼镜爆款单品。 作者：钱玉娟 封图：受访者供图 海淀区中航广场15层，是中国AR（增强现实）眼镜创新企业XREAL在北京的办公区。走进其 中，"沙丘""拉普达""油屋"……这些来自电影、动漫或游戏里的名字，出现在会议室的门上。 7月30日，"绿洲"会议室里坐满了人，来自科技巨头Google的技术专家团队飞抵北京，与XREAL 的工程师们围坐一桌。 这并非两家公司技术大牛首次面对面交流。在过去半年，XREAL联合创始人兼AI和算法负责人吴 克艰会顶着时差，与Google的软件、硬件等工程部门展开远程讨论、资源拉通。他也亲自带队到 Google总部，让两个团队能进行深层次、高密度的沟通，以便更好地联合开发AR眼镜Project Aura。 美东时间5月21 ...

康耐特光学（02276） 证券研究报告 结构优化及盈利提升明显，XR 进展顺利 公司发布 25 年中期业绩公告 25H1 收入 10.8 亿，同增 11.1%；归母净利润 2.7 亿，同增 30.7%； 25H1 毛利率 41.0%，同增 1.8pct；归母净利率 25.2%，同增 3.8pct； 业绩增长主要系①国际及国内业务有序拓展，高附加值产品销售稳定提升； ②自动化产线升级有效降低生产成本。同时，高折射率及多功能镜片销售 增加带动盈利能力提升。 高折及功能镜片拉动产品结构升级，毛利率提升明显 25H1 分产品：①标准镜片收入 5.1 亿，同增 20%，毛利率 33.6%，同增 2.8pct； 港股公司报告 | 公司点评 ②功能镜片收入 3.8 亿，同增 8.8%，毛利率 40.6%，同增 2.8pct； ③定制镜片收入 1.8 亿，同减 4.9%，毛利率 61.9%，同增 2.4pct。 标准及功能镜片收入增长，主要系公司积极推广高折射率及多功能镜片， 产品结构持续升级。 25H1 销量 0.93 亿件，同增 7.5%；产品单价 23.3 元，同增 3.3%；公司在大 多数地区销量有所增长主要系①通过 ...

以下文章来源于雷达Finance ，作者X编辑 雷达Finance . 遨游广袤的财富世界。 罗永浩长达数年的"真还传" 何时才能彻底完结？ 文 ｜ 姚柏臣 编辑 ｜ 孟帅 来源｜ 雷达Finance（ID：leidaplus） 封面来源 ｜ 视觉中国 曾因"真还传"多次登上话题中心的罗永浩，名下公司新增被执行人信息。 据调查，锤子科技（成都）股份有限公司近日新增两笔合计约2143万元的被执行人信息，执行法院为北京市海淀区人民法院。而罗永浩正是锤子科技（成 都）股份有限公司的董事长，并持有该公司22.67%的持股。 雷达财经注意到，除新增被执行人信息外，罗永浩及锤子科技还有其他债务问题缠身，如与锤子科技投资人郑刚的1500万借款诉讼。 郑刚6月晒出的二审判决书显示，北京市第一中级人民法院驳回了锤子科技的上诉请求，维持原判：判令锤子科技偿还郑刚旗下两家公司1500万元借款， 并支付年利率6%的利息。 股东信息显示，罗永浩持有该公司22.67%的股份，是该公司的受益所有人和实际控制人。与此同时，罗永浩还在该公司担任董事长职务。 随着此次被执行人信息的披露，罗永浩和锤子科技的债务问题被再次提及。回溯锤子科技的债务脉 ...

近日，HTC发布预告海报，宣布将于8月14日推出一款隶属于VIVE品类的全新产品。 从海报所透露的种种信息推测，这款新品极有可能是一款AR智能眼镜，具备强大的连接功能，能 够与HTCU 24 pro等手机实现无缝连接。 其实，早在上个月，HTC VIVE就在社交媒体上提前透露了相关动向。它表示将在台北101大厦举 办一场主题为"What's Next"的发布会，并且明确计划于8月14日推出首款智能眼镜产品。不过， 当时官方表现得十分神秘，仅仅释出了"未来将至"这样简短而富有悬念的主题，对于发布会的其 他细节则闭口不谈。 面板产业链市场供需及价格报告 ■ 1. 面板产业市况季度报告 . 面板价格"Plus"和市况更新月度报告 . 面板价格预测月度报告 · · 面板出货追踪月度报告 季度面板产能状况季度报告 。 . 面板厂产能利用率月度分析报告(稼动率) 回顾HTC在可穿戴设备领域的发展历程，其实早有类似产品的探索。在2021年，HTC就推出过一 款尺寸相近的VIVE Flow VR眼镜。这款产品主打与手机连接，为用户打造沉浸式VR体验。它整体 重量仅为189克，佩戴起来相对轻盈舒适，提供3.2K分辨率、100度 ...

Group 1 - The company has launched a new SOD-323HE packaged TVS that is suitable for compact digital products, including AR glasses [2] - The company emphasizes the development opportunities of new products and has made relevant product and research deployments in the application scenarios related to AR glasses [2]

AI Vision - Meta's AI vision focuses on AI super-intelligence for personal use [1] - The company emphasizes the intersection between technology and culture [1] - Future computing is envisioned through AR + AI, with glasses as a key component [1] Strategic Focus - The company aims to enable users to spend more time creating and connecting [1]

Group 1 - The core viewpoint of the article highlights the recent product launches by domestic AR/VR companies, Yifang Commercial Technology and Lianou Technology, featuring advanced display technologies [1][4]. Group 2 - Yifang Commercial Technology has launched its first AR glasses, NOMO-1, which offers functionalities such as entertainment viewing, design display, and remote collaboration [2]. - The NOMO-1 utilizes geometric waveguide technology and Sony's full HD Micro OLED display, achieving over 82% transmittance, a 38-degree field of view, a single-eye resolution of FHD (1080*1920), a refresh rate of 120Hz, and a peak brightness of 800 nits, projecting an image equivalent to a 150-inch screen at approximately 3 meters [3]. Group 3 - Lianou Technology has officially released its self-developed VR glasses, "Visual-X•Vision," which show significant upgrades in performance and comfort compared to previous models [4]. - The Visual-X•Vision features a 25% increase in GPU and CPU performance, an 8-fold increase in AI performance, and an upgrade to 8GB of memory. It offers two versions: a 4.5K version with a resolution of 2280×2280 and a 3.2K version with a resolution of 1600×1600 [5][6]. - The 4.5K version employs a 2.1-inch Fast-LCD with a pancake folding optical scheme, a PPI of 1512, and a 96-degree field of view, while the 3.2K version has a PPI of 1058 [6]. - The device is compatible with mainstream apps like WeChat and iQIYI, supports spatial video playback and game console adaptation, and includes an AI voice assistant with multi-language translation and smart shopping capabilities [6]. - The price of the "Visual-X•Vision" is set at 3299 yuan [6]. Group 4 - Lianou Technology is headquartered in Haining, Zhejiang, with R&D centers in Shanghai, Nanjing, and Shenzhen, focusing on XR devices, operating systems, and AI spatial products, holding nearly 150 patents, with over 70% being invention patents [8].

Core Viewpoint - The smart glasses industry is at a critical juncture, with the potential to replace smartphones as the next terminal for spatial computing, but it requires careful development and cannot take shortcuts [1][2]. Group 1: Company Insights - XREAL's latest product, XREAL One Pro, features a field of view of 57 degrees, an increase of 38% compared to its predecessor, XREAL One, which had a 50-degree field of view [1]. - XREAL has invested over $300 million in research and development, with 65% of the components in XREAL One Pro being self-developed, indicating a strong commitment to innovation across the entire supply chain [1][3]. - The company aims to create a million-level sales product before progressing to larger-scale targets, emphasizing the importance of a solid foundation in the AR market [2][3]. Group 2: Industry Trends - The AR and AI glasses market is currently characterized by a lack of clear consumer understanding, with many companies hoping for rapid success without adequate investment [2]. - The industry is still in its early stages, and the development of smart glasses requires a focus on spatial display and the establishment of a comprehensive spatial computing ecosystem [3]. - The current competition in the AI glasses market is seen as more of a speculative chase for concepts rather than a reflection of mature technology and user experience [2].

Group 1 - The core viewpoint highlights the rapid development of Chinese companies in the smart glasses industry, with XREAL positioned to lead and define the next generation of smart terminals [1] - XREAL has launched its new flagship product, XREAL One Pro, which has already garnered significant interest with 26,000 online reservations on JD.com on the day of its release [1] - The XREAL One Pro features a groundbreaking 57-degree field of view (FoV), setting a new global benchmark for consumer AR glasses, achieved through the innovative X Prism optical engine technology [3] Group 2 - In May 2025, Google announced a strategic partnership with XREAL to jointly release the next-generation smart glasses, Project Aura, marking a significant collaboration between a Chinese company and an international tech giant [5] - The Project Aura will be the first flagship smart glasses equipped with XREAL's self-developed X1S chip, specifically designed for the Android XR platform, representing a deep integration of Chinese AR technology with a global ecosystem [5] - The X1S chip offers a 25% performance improvement over its predecessor, integrating perception algorithms and system-level optimizations at the chip level, which has garnered high recognition from Google [6]

Group 1 - The report highlights that China's new e-commerce is driving consumption upgrades and industrial transformation through technological empowerment and model innovation [1][2] - Generative AI, represented by large models, is reshaping the operational logic of new e-commerce, with applications in live streaming product selection, intelligent customer service, and precision marketing [2] - The report identifies key trends such as green consumption, instant retail, and the silver economy, with instant retail GMV growth projected at 19.5% in 2024, significantly outpacing overall online shopping growth [2][3] Group 2 - China remains the largest online retail market globally, with online retail sales expected to reach 15.5 trillion yuan in 2024, a year-on-year growth of 7.2% [3] - The new e-commerce platforms have created over 40 million jobs, encompassing new roles such as assistants, content creators, and AI trainers [5] - Rural online retail sales are projected to reach 2.56 trillion yuan in 2024, with agricultural product online sales growing by 15.8% [5]