又一家成都科技企业迈向资本市场。 A股上市公司华联控股（000036）9月26日晚披露，公司与成都理想境界科技有限公司（下称"理想境 界"）及其全体股东拟签署《投资协议》，拟投资5000万元对理想境界进行增资入股。交易完成后，华 联控股将持有理想境界2.7778%的股权。同时，华联控股关联方恒裕资本也投资5000万元增资理想境 界，从而取得该公司2.7778%的股权。 估算下来，理想境界本轮融资后的投后估值约18亿元。 理想境界系一家从事AR相关业务的企业，此前已完成C轮融资。华联控股表示，此次投资系公司对新 兴显示技术进行的一次战略性投资、布局、尝试。 证券时报·e公司记者注意到，按照约定，理想境界需在华联控股此次投资完成后的5年内实现IPO或资本 重组。 公告显示，理想境界成立于2012年，现注册资本为152.742416万元，公司注册地址位于成都市高新区。 按照约定，华联控股以现金方式出资5000万元,其中计入理想境界注册资本为4.4924万元，计入资本公积 4995.5076万元。投资款仅用于公司运营相关事项。 股权方面，宋海涛持有理想境界37.869%股权，系公司第一大股东、实际控制人。他还担任公司 ...

证券之星消息，根据天眼查APP于9月9日公布的信息整理，北京亮亮视野科技有限公司D++轮融资，融 资额未披露，参与投资的机构包括氪基金。 | 公布日 | 投资方 | 交易金额 | 融资轮次 | | --- | --- | --- | --- | | 2025-09-09 | 到量金 | 未披露 | D++轮 | | 2025-03-12 | 昆山围创 亦庄国投 | 未披露 | D+轮 | | | 陕西金资 | | | | 2023-01-15 | 陕西金资 | 未披露 | D轮 | | 2022-07-27 | 东方嘉富 | 未披露 | 成體融资 | | 2022-04-27 | 国影创主 | 未披露 | C+轮 | | 2021-11-08 | 亦庄国投 金觉投资 | 1亿人民币 | C轮 | | | 国投证券 | | | | 2020-05-06 | 吃唐长厚 | 5000万人民币 | 成體融资 | | 2018-06-04 | 建银国际 照她创投 | 1亿人民币 | B+轮 | | | 经纬创投 | | | | 2017-05-16 | 蓝驰创投 | 千万美元 | B轮 | | | 经纬创投 | | | ...

Group 1 - The first season of the documentary program "Specialized and Innovative Research Institute" premiered on Beijing TV, featuring the AR company Liangliang Vision, showcasing its advancements in the "AR+AI" field [1] - Liangliang Vision has maintained a high R&D investment intensity of 60% and has been the leader in China's enterprise-level AR market for several consecutive years [3] - The company emphasizes a "technology for good" philosophy, particularly in the field of accessibility technology, exemplified by its innovative "AR subtitle glasses" which won the "Top Ten Global Technology Innovations" award from UNESCO [3] Group 2 - Liangliang Vision will represent China at the "Everyone Enjoys Accessibility: Building an Inclusive Future" exhibition in Geneva in 2025, attracting attention from multiple UN ambassadors and major media outlets [5] - The AR subtitle glasses developed by Liangliang Vision convert real-time speech into AR subtitles, facilitating communication for users with disabilities [5] - The program "Specialized and Innovative Research Institute" aims to explore the innovative processes of Liangliang Vision, showcasing the development and market application of its new AR translation glasses, LeionHey2 [5]

Core Insights - The company, Liangliang Vision, confirmed the completion of over 100 million yuan strategic financing in March 2025, led by Yizhuang Industrial Upgrade Fund, with participation from Kunshan Guotou and Shaanxi Jinzi [2] - The financing was disclosed after achieving significant milestones in three key areas, including passing the Ministry of Science and Technology's key research project acceptance [2][3] Group 1 - The company successfully passed the acceptance of a key national research project focused on developing mixed reality (MR) smart terminals based on two-dimensional diffraction waveguide technology, overcoming challenges in display technology, spatial interaction, latency, and 3D graphics rendering [2] - Multiple clients from industries such as industrial, aviation, energy, and healthcare are currently trialing the MR smart terminals, accelerating industrialization and supporting China's transition from "catching up" to "leading" in the MR field [2] Group 2 - The company is accelerating the layout of the micro-nano optical industry chain by establishing a controlled mass production supply chain system in collaboration with leading enterprises, enhancing the self-controllable capability of core components [3] - The L-PAT series waveguide modules utilize self-developed processes with strict control and testing standards, resulting in high yield, low cost, and reliable quality [3] Group 3 - The company launched the next-generation AR translation glasses, Leion Hey2, which weigh only 49 grams and support real-time translation of over a hundred languages and dialects, with an 8-hour battery life, setting a new industry benchmark [3] - The financing will be used to accelerate the development of the next generation of AR glasses, deepen the micro-nano optical industry chain layout, and expand international markets in North America, Europe, and Southeast Asia [3]

亮亮视野表示，本轮融资主要用于三大板块：第一，加速下一代AR眼镜的研发，强化AR光波导显示、 轻量化与长续航等核心优势；第二，持续深化微纳光学产业链布局，增强核心器件自主可控能力；第 三，与全球行业客户合作，积极拓展北美、欧洲及东南亚等国际市场，构建多样化应用场景，并拓展渠 道体系。 亦庄产业升级基金相关负责人称，亮亮视野通过持续稳定的技术创新成果，验证了其"光波导组件＋AR 眼镜产品"双轮驱动的发展路径。未来，基金方将整合北京经开区在集成电路、新一代信息技术、智能 制造等领域的资源优势，支持其拓展至更多实际应用场景中。 8月5日，总部位于北京的中国AR头部企业亮亮视野向媒体证实：公司已于2025年3月完成过亿元战略融 资，因涉及多个关键保密项目，公司在取得阶段性成果后，才正式对外披露此次融资信息。本轮融资由 亦庄产业升级基金领投，昆山国投跟投，陕西金资追投，其中亦庄系资本已是第三次加码亮亮视野。 在融资完成后的100多天里，亮亮视野在三大方面取得显著突破：一是顺利通过科技部国家重点研发计 划项目验收，为我国MR前沿领域从"跟跑"走向"领跑"提供了关键支撑；二是加快布局微纳光学产业 链，以产业协同的方式推进国 ...

Core Viewpoint - The article discusses the advancements in AR glasses, particularly the Leion Hey2 model, which combines optical technology, AI, and supply chain improvements to provide real-time translation, marking a potential "iPhone moment" for the AR industry [1]. Group 1: Market Context and Demand - Language barriers remain a significant challenge in global business and cultural exchange, with the translation pen market reaching hundreds of millions of dollars in 2023 [2]. - The AR glasses market is expected to see substantial growth, with global shipments projected to reach 553,000 units in 2024 and 2.956 million units by 2028, reflecting a compound annual growth rate of 50% [9]. Group 2: Technological Advancements - The Leion Hey2 AR glasses utilize a combination of augmented reality and AI to provide real-time translation, projecting translated text onto the lenses for seamless communication [5]. - The device features a significant improvement in battery life, achieving over 8 hours of continuous use, and can extend to 96 hours with a portable charging case [17]. - The Leion Hey2 employs advanced optical technologies, including single-lens dual-eye diffraction waveguide and Micro-LED display, achieving a peak brightness of 2500 nits, addressing previous issues of visibility in bright conditions [17]. Group 3: Competitive Landscape - The AR glasses industry is experiencing intense competition, with a growing number of brands and innovations, leading to a projected market of 286,000 units in China by 2024 [28]. - The supply chain advancements in China have significantly reduced production costs by over 30%, enabling more affordable pricing for AR glasses [25]. - The Leion Hey2 has been recognized for its innovative features, winning the UNESCO "Top Ten Global Technology Innovation Award" and participating in international exhibitions [23].

Industry Overview - The global language services market is experiencing unprecedented growth opportunities, with the translation industry market size estimated at approximately $69.3 billion in 2023 and projected to reach $84.9 billion by 2026 according to Nimdzi Insights [1] - CSA forecasts the market size for the same years to be $55.1 billion and $65.54 billion respectively [1] Company Profile - Liangliang Vision, a leading AR company from Beijing, has established a significant presence in the Chinese AR industry over its 11 years of technological accumulation [3] - The company has maintained the top position in shipment volume in the enterprise market for several consecutive years, serving notable clients such as China Southern Airlines and China Petroleum [3] - Liangliang Vision's industrial inspection solution was recognized alongside ChatGPT in the Harvard Business Review's 2024 Technology Trends list, highlighting its technical strength [3] Product Launch - The launch of the revolutionary Leion Hey2 AR translation glasses was showcased at a unique product release event in Seoul, South Korea, featuring a "live testing" format [3][4] - The Leion Hey2 glasses weigh only 49 grams and utilize advanced waveguide technology, achieving a lens thickness of just 0.4 mm, which is half the thickness of a credit card [4] - The glasses support real-time translation in over 100 languages with a latency of less than 0.5 seconds and a single charge lasting up to 8 hours, extendable to 96 hours with a charging case [4] User Experience - The Leion Hey2 transforms traditional translation device usage by employing a 360° sound source localization system and neural network noise reduction algorithms, maintaining a 98% recognition accuracy even in noisy environments [4] - The design allows users to naturally focus on conversation partners while translation subtitles appear 2-3 meters away, eliminating the need to look down at devices [4] Market Strategy - Liangliang Vision's strategic market positioning is evident from the success of its first consumer-grade AR subtitle glasses, Leion Hey, which sold over 30,000 units and achieved an average daily usage time of 150 minutes [6] - The Leion Hey product received the UNESCO "Global Top Ten Technology Innovation Award," establishing a strong foundation for the promotion of Leion Hey2 [6][8] Application Scenarios - Leion Hey2 addresses various cross-language communication needs across business meetings, travel, and international education, effectively serving as a "global barrier-free pass" [8][9] Future Outlook - The market response to Leion Hey2 has been enthusiastic, with over 10,000 units pre-ordered within two hours of the launch event, indicating strong market recognition [11] - Industry analysts predict that AR translation devices may become a phenomenon similar to smartphones within the next three years, driven by advancements in 5G networks and AI technology [11] - Liangliang Vision aims to become a foundational provider of global cross-language services, with its innovations reflecting the broader trend of Chinese companies transitioning from followers to leaders in the global AR industry [11]

Core Insights - Rokid's AR Spatial glasses will launch globally on June 15 via AliExpress, marking a significant step in the company's strategy to penetrate the consumer market with a competitive price point of $518 after subsidies, compared to Apple's Vision Pro priced at $3,499 [1][2] - The glasses feature the world's first intelligent refractive and interpupillary distance adjustment system, allowing for dynamic adjustments without the need for custom lenses, thus targeting a broader consumer base [3][4] - Rokid aims to leverage its existing industrial AR expertise while transitioning to the consumer market, with 80% of its current revenue still derived from industrial-grade AR devices [2][7] Product Features - The AR Spatial glasses are designed for comfort and extended wear, supporting multi-window operations, 3D content viewing, and integration for both entertainment and work [3] - The glasses utilize advanced MEMS sensors for real-time eye parameter monitoring, achieving a dynamic adjustment range of ±600 degrees for refractive power and 55-75mm for interpupillary distance [3] - The optical module, developed in collaboration with Lens Technology, boasts a thickness of just 1.2mm, with a light transmittance of 85%, and supports dual 1920×1080 resolution at a refresh rate of 120Hz [4][5] Competitive Positioning - Rokid's AR Spatial is positioned as a cost-effective alternative to Apple's Vision Pro, with a price point at approximately 15% of Vision Pro's cost, aiming to capture a significant share of the consumer AR market [1][6] - The glasses are designed to integrate seamlessly with Alibaba's ecosystem, including applications like DingTalk and Taobao, which may enhance brand recognition and user engagement [6][7] - Despite its advantages, Rokid faces challenges in ecosystem scale and application availability compared to Apple, which has a more extensive app ecosystem and developer support [7] Market Outlook - The global smart glasses market is projected to reach 12.05 million units by 2025, with AR glasses expected to account for over 30% of this market, indicating a growing opportunity for Rokid [6] - Rokid's strategic partnerships and cost reductions in manufacturing could enhance its competitive edge in the price-sensitive consumer market [7] - If Rokid can successfully expand its developer ecosystem and reduce hardware costs, it may become the first Chinese AR brand to achieve annual sales exceeding one million units [7]

Core Insights - Rokid has launched its overseas version of AR glasses, Rokid AR Spatial, on AliExpress, aiming to expand its international market presence [3][4] - The product features a unique intelligent refractive and interpupillary distance adjustment system, making it lightweight and comfortable for prolonged use [3] - Rokid AR Spatial is positioned as a competitor to Apple's Vision Pro, with a significantly lower price point of $648, potentially dropping to around $500 with promotional subsidies [9] Company Strategy - Rokid's international business head, Shao Huaqiang, emphasized the importance of a successful launch in overseas markets, with AliExpress chosen for its logistics efficiency and customer service capabilities [5][6] - The partnership with AliExpress is part of a broader strategy to leverage the platform's "100 Billion Subsidy" initiative, which has previously resulted in significant sales growth for participating brands [5][6] - Rokid aims to enhance its brand presence in the global market, having transitioned from B2B to B2C sales in 2023, with plans to expand into offline channels later this year [7] Market Context - The AR glasses market is experiencing rapid growth, with a projected increase in global shipments from 500,000 units in 2023 to 800,000 units in 2024, representing a 63% year-on-year growth [12] - The competitive landscape includes major players like Apple and Meta, with Rokid positioning itself as a viable alternative to the high-priced Apple Vision Pro [8][9] - The AR sector is attracting significant investment, with expectations for continued growth driven by advancements in technology and consumer interest in augmented reality applications [12][13]

（图片来源：摄图网） 近年来，在全球数字经济浪潮的推动下，增强现实(AR)行业成为各国竞相布局的关键领域。我国对AR行业 的重视程度与日俱增，将其视为数字经济和战略性新兴产业的重要组成部分。 AR眼镜作为增强现实技术的核心载体，在我国战略新兴产业体系中占据着重要地位。从我国国民经济"十三 五"规划到"十四五"规划，国家对AR眼镜行业的支持政策呈现出逐步深化和细化的趋势。"十三五"规划中提 出"大力推进虚拟现实等新兴前沿领域创新和产业化"，到了"十四五"规划，"虚拟现实和增强现实 (VR/AR)"被明确列为数字经济七大重点产业之一，标志着该行业正式进入国家战略的核心层面。 前瞻预测，"十五五"规划中"虚拟现实和增强现实(VR/AR)"仍将是数字经济发展的重点之一，且将围绕国产 化专业技术支持布局发展，这无疑为AR眼镜行业的未来发展指明了方向。 AR领域竞争格局呈现出多元化的特点，入场者大体可以归为三大阵营。以微软、Meta、苹果、三星、谷歌 等为代表的国际科技巨头，凭借其在科技领域深厚的技术底蕴和强大的品牌影响力，在AR领域投入大量资 源进行研发。它们在芯片技术、算法优化、操作系统等方面拥有显著优势。 国内手机 ...