事件：2025 年8 月18 日， 公司发布KTC AI 交互眼镜新品。 AI 眼镜赛道高景气度。我们认为，眼镜是最靠近人体嘴、耳、眼三大重要感官的穿戴设备，或将成为 AI 最好的载体。据艾瑞咨询，2024 年全球AI 眼镜出货量达到234 万台，同比+588%，预计将于2028 年 达2600 万台，2024~2028CAGR 为82.6%。AI 眼镜市场于23 年起步，行业仍处发展初期，产品体验存在 诸多痛点，未来在产品迭代完善的过程中存在较大市场机会。 公司持续探索AI 赋能。除新发布的AI 眼镜外，公司还具备多款AI 产品： 1）医疗AI 一体机，集成AI 解决方案，支持动态影像病灶识别与模型训练，有效提高医疗诊断效率， 并降低对资深医师依赖；2）AI 智能一体机，同豆包AI 大模型深度融合，深度思维引擎助力办公；3） AI 闺蜜机，内置康冠AI 语音助手，依托讯飞星火交互认知大模型实现AI 助手、AI 健身私教、AI 陪娃 等功能；4）AI 学习机，聚焦学生端"AI+教育"应用，涵盖"AI 精准学、AI精准练、AI 智能答疑、AI 作 文批改"等六大辅学功能。 投资建议：我们预计公司2025-202 ...

Group 1: Business Performance and Strategy - In 2024, the company's operating revenue was 925.09 million CNY, a decrease of 28.97% compared to the previous year [7] - The net profit attributable to shareholders was -378.94 million CNY, representing a significant decline of 426.02% year-on-year [7] - The company plans to focus on IDC rack sales and enhance the rack utilization rate as a core indicator for 2025 [1][4] Group 2: Technological Development and Market Expansion - The company is leveraging LightBeeOS and BeeHiveCS technologies to provide comprehensive solutions, transitioning from a product provider to a software and hardware integrated solution provider [2] - Plans to deepen financial technology services in key markets such as finance, healthcare, and property management, while also targeting small and medium-sized banks [4] - The company aims to expand its presence in Africa, Southeast Asia, and the Middle East, offering localized products and services [4] Group 3: Operational Improvements and Financial Health - Management emphasizes strengthening internal controls, accounts receivable management, and financial health to enhance asset efficiency and operational performance [5] - The company is committed to cost reduction measures and improving cash flow safety while optimizing its financing structure [5] - The company has built approximately 18,000 standard racks, with 12,000 located in the core area of the Guangdong-Hong Kong-Macao Greater Bay Area [6] Group 4: Future Projects and Developments - Ongoing construction includes the Changsha Cloud Valley Data Center with approximately 3,240 planned racks and the Hunan Health Medical Big Data Center with about 3,000 planned racks [6] - The company is in the approval stage for the Wuhan Intelligent Computing Center investment project [7] - Expected completion of the Changsha Cloud Valley Phase III project by the end of this year [7]

【导读】2025全球人工智能终端展（GAIE）在深圳开幕 见习记者 杨晨 作为全国首个聚焦人工智能终端的行业盛会，本届展会展览规模达2.5万平方米，设置五大核心展区与十大应用场景，吸引了全球15个国家和地区的300余 家企业齐聚深圳，构建"核心技术-终端产品-大模型应用"全链条展示矩阵。 展会现场，华为、荣耀、中兴通讯、创维、TCL等头部企业携AI手机、AI PC、AI家居等新品亮相。展会上，荣耀终端股份有限公司产品线总裁方飞首次 在国内技术解读荣耀"阿尔法战略"，宣布拥抱MCP等开放协议，打通AI终端生态，计划到2027年实现1000+硬件品类接入、4000万+生态设备激活。 创新企业同样亮点纷呈：昔日的华强北电子一条街化身AI硬件孵化器，呈现人工智能时代的转型样本；音响协会集结万魔声学、猫王音响等十余家音频 产业链企业，携智能音响、语音前端芯片与空间音频算法联袂登场，呈现"AI+声学"的沉浸魅力；玩具协会精选企业带来AI智能毛绒公仔、AI陪伴机器 人、AI伴读台灯等，让童年秒变智能游乐场。 在展会现场，中国基金报记者采访了康冠科技董事长凌斌。康冠科技作为创新企业的代表，本次携带AI电子白板、医疗AI一体机 ...