■ 恒玄科技（上海）股份有限公司 （三）本次业绩预告未经注册会计师审计。 2025年半年度业绩预告的自愿性披露公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年6月30日。 （二）业绩预告情况 1、经财务部门初步测算，预计2025年半年度实现营业收入19.38亿元左右，与上年同期相比，将增加 4.07亿元左右，增长26.58%左右。 2、经财务部门初步测算，预计2025年半年度实现归属于母公司所有者的净利润为3.05亿元左右，与上 年同期相比，将增加1.57亿元左右，同比增长106.45%左右。 3、经财务部门初步测算，归属于母公司所有者的扣除非经常性损益的净利润为2.84亿元左右，与上年 同期相比，将增加1.72亿元左右，同比增长153.37%左右。 以上预告数据仅为初步核算数据，具体准确的财务数据以公司正式披露的2025年半年度报告为准，敬请 广大投资者注意投资风险。 特此公告。 （四）公司后续将参照年度业绩预告的披露标准披露半年度的经营业绩情 ...

内容概要：智能手环是一种穿戴式智能设备。它集成了传统硬件技术、新型人机交互技术以及云应用服 务与大数据等多种关键技术，是当前一种时尚消费电子产品。近年来，随着人们对健康管理意识的不断 增强，智能可穿戴行业发展蓬勃，其中手环因为其佩戴方便，功能简单及价格相对亲民发展迅速，被人 们广泛接受。同时，随着技术不断创进一步优化产品性能、提升用户体验，智能手环市场稳步扩张。据 统计，2024年全球智能手环出货量达3729万台，中国智能手环出货量约1799万台；预计2025年，全球智 能手环出货量有望达到4280万台，中国智能手环出货量有望达到2180万台。随着技术进步和消费者健康 意识的提升，未来智能手环行业将从"基础运动追踪"转向"全方位健康管理平台"，技术突破可能带来爆 发点。 上市企业：小米(01810.HK)、三星(005930.KS)、乐心医疗(300562.SZ、Keep(03650.HK)、探路者 (300005) 相关企业：华为技术有限公司、荣耀终端股份有限公司、深圳市嘀嘟科技有限公司、深圳市埃微信息技 术有限公司、OPPO广东移动通信有限公司、富士康、比亚迪电子、英伟达、寒武纪、宁德时代、欣旺 达、韦尔 ...

Investment Rating - The report maintains a "Market Perform" rating for the consumer electronics industry [3]. Core Insights - The demand for smart wearable devices is increasing, driven by the rise of generative AI models, which is pushing AI audio glasses into a broader market. In the short term, smart interactive glasses are expected to replace headphone functions, leveraging glasses as a medium to enhance user experience and selling points [5][9]. - The report highlights the price positioning of various smart glasses, including Meta Ray-Ban, Rokid Glasses, and Xiaomi AI glasses, emphasizing their unique features and competitive pricing strategies [9][30]. Summary by Sections 1. Price Anchors for Smart Glasses - Meta Ray-Ban offers a base price of $230 for the New Wayfarer, with an additional $69 for features like headphones, camera, and AI capabilities, totaling $299 for the Meta Ray-Ban model [9]. - Rokid Glasses utilize a single-color waveguide imaging technology and are designed in collaboration with BOLON, featuring a compact design and advanced specifications [15][17]. - Xiaomi AI glasses differentiate themselves with electrochromic lenses, supporting rapid switching between transparent and sunglass modes, and are positioned as a "portable AI entry" [30][32]. 2. Market Review - The electronic industry saw a weekly increase of 4.61%, with the computer sector leading at 7.70% growth, while the oil and petrochemical sector experienced the largest decline at 2.07% [41][42]. 3. Industry High-Frequency Data Tracking - Monitor panel prices have stabilized, with no significant changes expected in mainstream specifications for June [53][54]. - The report indicates a potential decline in TV panel prices due to cooling demand, with expectations of price adjustments across various sizes [56].

AI眼镜赛道吸引了科技巨头和初创企业入局，"百镜大战"战火正燃。近期，多家企业的新款AI眼镜争相 亮相。6月26日晚，小米集团CEO雷军在小米人车家全生态发布会上发布了小米AI眼镜。此前，杭州灵 伴科技有限公司（以下简称"灵伴科技"）展示全球第一个可支付的智能眼镜。 中国电子商务专家服务中心副主任郭涛在接受《证券日报》记者采访时表示："当前AI眼镜产业正处于 爆发阶段，产业呈现三大趋势：一是产品迭代加速，二是技术融合加深，三是市场格局分化。AI眼镜 新产品、新功能涌现，其底座是AI大模型、光学显示、存储器等技术创新。在产业链各环节布局的上 市公司，共同推动产业快速发展。" 众和昆仑（北京）资产管理有限公司董事长柏文喜向《证券日报》记者表示："AI眼镜被视为下一个超 级终端，正成为厂商之间争夺的又一产业高地，从科技巨头到行业新秀，从国内企业到海外公司，掀起 了'百镜争鸣'。对于AI眼镜而言，功能也并非一味求多，精准契合场景往往比盲目堆砌更能直击用户的 真实需求痛点，进而赢得用户的高度认可与青睐。" 携手共建产业生态 AI眼镜的功能创新和新品问世，得益于产业链各环节的强力支撑。A股上市公司分别在AI大模型、存储 ...

6月26日，小米AI眼镜正式揭开神秘面纱，以其融合拍照、录像、AI语音等功能的智能化体验引 发市场热议。 近日，投资者对AI眼镜产业链布局的关注度持续升温，纷纷在互动易平台上向相关公司提问，试 图探寻其在相关领域的布局情况。从目前回复来看，不少产业公司早已深耕其中，通过持续布 局、技术创新与业务拓展等，在这一新兴领域崭露头角。 "米链"公司各展身手 "这款眼镜的标准版价格为1999元！"6月26日晚间，小米董事长雷军正式公布了这款备受市场 期待的AI眼镜的售价。 小米AI眼镜超高性价比切入市场，其背后是芯片、光学、声学等产业链环 节的深度协同。 图片来源：小米发布会直播截图 近期，敏锐的投资者纷纷关注"米链"公司，部分企业"慷慨"透露与小米智能眼镜的合作细节。例 如，商络电子表示为小米智能眼镜间接供应被动器件和射频器件等产品。中科创达作为小米公司 客户，则与其在软件开发领域具有广泛合作。 与此同时，还有多家"米链"公司近期陆续披露了AI眼镜业务的最新进展。 "面向AI眼镜、AI手机等领域的高价值产品从第二季度开始批量交付，公司的营业收入和毛利率 有望回升。"佰维存储表示。2024年，公司面向AI眼镜产品收入约 ...

Core Insights - Recent advancements in flexible thermoelectric devices based on silver selenide by Chinese researchers enhance energy supply for smart wearable electronics, indicating significant potential for large-scale applications [1][2] Group 1: Research Achievements - The research team from the Chinese Academy of Sciences developed high-performance flexible composite thermoelectric film materials using a chemical solution method combined with techniques like filtration and rapid hot pressing [2] - A novel three-dimensional flexible power generation device was created, consisting of 100 pairs of thermoelectric legs, utilizing a dome-shaped silicone structure to improve temperature difference and thermoelectric leg density [2] Group 2: Industry Implications - Traditional chemical batteries require regular replacement and maintenance, limiting the scalability of smart wearable devices; thermoelectric technology offers a safer and more environmentally friendly alternative by directly converting heat into electricity [1] - The successful application of thermoelectric conversion technology in flexible power generation devices can drive electronic devices such as watches and temperature and humidity sensors using the temperature difference between the environment and the human body [2]

Group 1 - The core objective of the "Digital China Construction 2025 Action Plan" is to ensure that by the end of 2025, the added value of the core digital economy industries accounts for over 10% of GDP, and computing power exceeds 300 EFLOPS [1] - In 2024, the digital industry is projected to achieve a business revenue of 35 trillion yuan, representing a year-on-year growth of 5.5%, and a total profit of 2.7 trillion yuan, with a year-on-year increase of 3.5% [1] - In the first quarter of this year, the digital industry realized a business revenue of 8.5 trillion yuan, marking a year-on-year growth of 9.4%, with a growth rate increase of 4.4 percentage points compared to the same period last year [1] Group 2 - Analysts believe that the new momentum and advantages of the digital industry will continue to accumulate, contributing to stable economic growth and the cultivation of new productive forces across various sectors [1] - The digital economy is increasingly becoming a leading and supporting strategic industry for economic and social development, characterized by data-driven, innovation-led, open collaboration, and ecological development [1] - The development model of digital industry clusters is evolving, integrating new elements such as data, networks, and platforms, while upgrading towards digitalization, platformization, and ecological development [1] Group 3 - There is a growing collaboration between China and ASEAN in the AI sector, establishing a new model of "Chinese technology + ASEAN scenarios," which provides a solid foundation for the digital industry layout in ASEAN [2] - The investment and financing enthusiasm in emerging fields such as artificial intelligence and humanoid robots remains high, continuously injecting vitality into industrial development [5] - Digital enterprises are accelerating their internationalization, enhancing the global competitiveness of consumer electronics and actively exploring overseas markets [5]

以下文章来源于雷科技 ，作者雷科技AI硬件组 雷科技 . 专注AI硬科技 Apple Watch全球出货量 已连续两年负增长。 文 ｜ 雷科技AI硬件组 编辑 ｜ 天星 来源｜ 雷科技（ID：leitech） 封面来源 ｜ Apple官网 2025年初，市场调研机构CounterPoint发布了《2024年第四季度全球智能手表出货量追踪报告》。就在前几天，CounterPoint公布了这份报告中的详细数 据，其中Apple Watch的出货成绩引起了大家的关注。 报告指出Apple Watch全球出货量已连续两年负增长：2024年全年出货量同比下跌19%，2023年同比下跌10%；如果按季度划分， 2024年四季度已是 Apple Watch连续第五个出货量下降的季度了 。与此同时，Apple Watch在除了印度市场之外的各大市场出货量均有下滑，即使在美国「主场」，销量同 样不尽如人意。 那么是什么原因，让Apple Watch这样的智能手表标杆也开始失速下跌呢？ 图片来源：Counterpoint 传感器发展停滞， Apple Watch举步维艰 从Apple近几年的更新情况来看， 「换壳改色」「挤牙膏」 ...