相关产品： 人工智能AIETF（515070）、创业板人工智能ETF华夏（159381）、科创人工智能ETF华夏（589010） （文章来源：每日经济新闻） A股午后资金回暖，上证指数大涨超1%，创业板指大涨超5%，新能源、芯片、机器人、人工智能赛道 拉升。人工智能AIETF（515070）盘中大涨超4%，持仓股新易盛大涨超11%，均胜电子涨停、中际旭 创、协创数据等个股纷纷大涨。人工智能AIETF盘中成交额突破4亿元。 消息方面，根据集邦咨询报告，2025年随着国际品牌陆续推出AR眼镜原型，以及Meta预计在近期发布 AR眼镜Celeste，市场对AR装置的关注程度开始升温，加上OLEDoS产品价格下跌，预计2025年全球AR 出货量将达到60万台，2030年AR眼镜出货量达3210万台。 华创证券指出，相比于2024年AI多数领域归母净利润负增的情况，整体来看，今年各细分领域已进入 基本面兑现阶段。从中报业绩来看，AI算力、无人机、人形机器人等领域归母净利润增速靠前。 人工智能AIETF（515070）跟踪CS人工智能主题指数（930713），成分股选取为人工智能提供技术、 基础资源以及应用端个股，聚集人 ...

随着AR显示技术的逐渐成熟和AI技术应用的快速落地，AR眼镜已经被越来越多人所熟知。近年来，除 了微软、Meta、苹果等国外科技巨头陆续推出面向消费者的AR眼镜外，中国也有不少企业进入这一赛 道，凭借独特的技术优势和创新理念，在市场中获得一席之地。 作为国内AR行业的重要玩家，杭州光粒科技有限公司（以下简称"光粒科技"）是少有的拥有全息光刻 胶新材料、自主光学系统设计和自研运动算法全栈技术的公司。同时，其深耕运动健康领域，还是国内 唯一掌握AR泳镜光学技术且实现了产品量产的公司。 如果说AI算法是支持AR眼镜"生产"数据的软技术，那么光波导则是支持眼镜实时感知并显示数据的硬 技术。据了解，光粒科技首次发布Holoswim AR智能泳镜产品是在2021年，当时产品的最大亮点是使用 了其自主研发的全息树脂光波导，为此光粒科技专门为这项技术申请了专利和商标HoloresinTM。 "光学系统是AR眼镜的重要组成部分，光学元件的搭配使用可以实现虚拟图像与现实世界的结合，更是 影响AR设备大小、重量的关键。"张卓鹏介绍说，可以将光波导理解为智能眼镜片，光粒科技设计的光 波导镜片选用衍射光波导技术里的体全息光波导，具有更 ...

Core Insights - The global language services market is experiencing explosive growth, with the machine translation market expected to reach $542 million in 2023 and $1.222 billion by 2030, reflecting a CAGR of 12.5% from 2024 to 2030 [1] - Leion's latest product, the Leion Hey2 AR translation glasses, is set to reshape the competitive landscape with its innovative technology and differentiated product positioning [1] Product Features - Leion Hey2 boasts a lightweight design at only 49 grams, supports real-time translation in over 100 languages, and offers a single-device battery life of 8 hours, extendable to 96 hours with the charging case [1] - The glasses utilize advanced optical display systems and AI translation algorithms, achieving 2500 nits of brightness and maintaining a 98% recognition accuracy even in noisy environments [3] - Users can view floating subtitles 2-3 meters in front of them, enhancing the experience for various scenarios such as international meetings and travel [3] Business Model and Strategy - The company leverages its technical advantages from the enterprise AR market to transform professional solutions into consumer products, creating a "hardware + service" ecosystem [5] - The Hey2 device includes the Hey Agent smart assistant, which offers value-added services like meeting minutes generation and multilingual queries, potentially leading to sustained service revenue and increased user engagement [5] Global Expansion - The company has demonstrated a strategic vision for global expansion, with the previous product, Leion Hey, winning the UNESCO "Top Ten Global Technological Innovations" award [7] - The Leion Hey2 was recently showcased at international events such as Vivatech in France and AWE in Los Angeles, further enhancing the company's global influence [7] Market Impact - The language services market is expanding as globalization deepens, with AR technology reshaping communication methods and creating exponential business opportunities [9] - The realization of "mother tongue freedom" through innovative technology signifies not only commercial value but also a revolutionary change in human communication [9]

Investment Rating - The report assigns an investment rating of "Positive" for the industry, indicating an expected overall return exceeding the benchmark index by more than 10% [5]. Core Insights - The launch of the Thunder X3 Pro signifies a technological breakthrough in the AR industry, with advancements in optical solutions and a lightweight design that could redefine user experience and industry standards [2][3][30]. - The X3 Pro features a 0.36cc full-color Micro-LED optical engine, achieving a peak brightness of 6000 nits, which addresses outdoor visibility challenges and enhances color purity [2][20]. - The device's weight of only 76g, which is comparable to regular prescription glasses, sets a new benchmark for comfort in AR devices, potentially driving competition towards lighter designs [3][29]. - The multi-modal interaction system of the X3 Pro allows for seamless user engagement through voice, touch, and gesture controls, significantly lowering the learning curve for new users [4][24]. Summary by Sections Optical Innovations - The X3 Pro utilizes a proprietary "Firefly Optical Engine" and etched waveguide technology, achieving a peak brightness of 6000 nits, which is crucial for outdoor usage [20][23]. - The combination of etched waveguide and full-color Micro-LED technology provides a scalable production model that may influence domestic manufacturers to follow suit [27]. Design and Comfort - The device's lightweight design, achieved through the use of magnesium-aluminum alloy and titanium alloy, enhances user comfort, making it suitable for prolonged use in various settings [3][15]. - The ergonomic design includes adjustable nose pads and curved temples, ensuring a pressure level below 15kPa, which is within the comfort threshold for users [3][15]. Interaction and Usability - The integration of Qualcomm Snapdragon AR1 Gen1 chip enables advanced interaction capabilities, including voice activation and touch controls, facilitating a user-friendly experience [4][24]. - The device supports Bluetooth connectivity with smartphones and smartwatches, expanding its functionality and user engagement [25]. Market Positioning - The pricing strategy for the X3 Pro, starting at 7649 yuan after subsidies, aims to attract a diverse consumer base, enhancing its competitive edge in the AR market [12][26]. - The product matrix includes various models catering to different user needs, reinforcing the brand's market presence and adaptability [26].