商报讯（记者 苗露）随着9月临近，苹果iPhone 17 进入大规模量产阶段，拉动产业链上下游需求；加 上AI应用持续落地带来的传统消费电子换机周期，增强了市场对消费电子旺季需求的乐观预期。于 是，苹果产业链又有公司冲击港股IPO。 8月18日，立讯精密（002475）工业股份有限公司（以下简称"立讯精密"） 向香港联合交易所有限公司 （以下简称"香港联交所"）递交了发行境外上市股份（H股）并在香港联交所主板挂牌上市的申请，并 于同日在香港联交所网站刊登了本次发行的申请材料，联席保荐人为中信证券、高盛、中金公司 （601995）。这也标志着这个"果链巨头"赴港上市进程再进一步。 产品广泛应用 业绩持续增长 招股书显示，立讯精密是一家全球领先的精密智造创新科技公司，致力于为消费电子、汽车电子、通信 与数据中心和其他领域的全球客户，提供从精密零部件、模块到系统的跨领域垂直一体化开发与智造解 决方案。公司产品广泛应用于各类场景，例如以2024年销量计算，全球平均每两部智能手机、每三部智 能可穿戴设备、每五部智能汽车中，就有一部使用公司的产品。 立讯精密表示，公司已构建覆盖全球的研发、生产、销售、售后、物流等业务配套 ...

Meta 这次又要在智能眼镜行业「放大招」了。 根据 CNBC 的报道，Meta 计划在 9 月份的 Connect 大会上发布代号为 Hypernova 的智能眼镜，售价或定在 800 美元左右。 不同于 Meta 此前与 Ray-Ban 合作的智能眼镜，Hypernova 的镜片内置小尺寸显示屏，右眼可看消息和画面。而在交互方面，Hypernova 更是配备了一个 sEMG 手势腕带用于眼镜控制。 图片来源：Meta 其实小雷使用智能眼镜也有段时间了，就小雷的体验和 Meta 的宣传来说，相比完全依赖语音指令，或者镜腿上滑来滑去的做法，这种新形态的「腕带 +眼镜」组合确实也带来了不少新意。 但问题也随之而来：一副智能眼镜，真的需要再绑一条腕带吗？ 智能眼镜的交互还有什么问题？ 事实上，这种利用专门的外设补全交互的做法，确实是当前智能眼镜行业的无奈之举——如果眼镜自身的交互方式足够成熟，厂商根本不必额外设计戒 指、腕带这样的配件。只是从行业现状和「交互」这门学科的发展规律来看，智能眼镜交互方式的探索，必然要经历一个不断试错的过程。 回顾智能眼镜的发展，最早被寄予厚望的方案是语音控制。毕竟对于一个「远离用户手 ...

1.成都：1-7月新能源汽车产量增长326.2% 据成都发布官微8月22日消息，今年1—7月，全市规模以上工业增加值同比增长8.0%，全市固定资产投资 （不含农户）同比增长4.5%，其中民间投资增长5.6%。分行业看，37个大类行业中有24个行业增加值实现 增长，汽车制造业增长22.9%，计算机、通信和其他电子设备制造业增长17.2%。从主要工业产品产量看， 新能源汽车增长326.2%，智能手表增长135.2%，锂离子电池增长41.4%。 2.马斯克曾试图邀请扎克伯格参与收购OpenAI 据OpenAI提交的法庭文件显示，马斯克今年曾试图说服扎克伯格参与其对OpenAI的非正式收购要约。 OpenAI称，马斯克将扎克伯格列为与他讨论过可能为收购OpenAI提供资金的人员之一。但扎克伯格和Meta 均未签署意向书，也未参与收购要约；OpenAI董事会于2月正式拒绝了马斯克的收购要约。 点评：商业野心遇挫，诉讼攻防暴露战略矛盾。 3."十四五"期间全国市场监管部门为消费者挽回经济损失217.1亿元 8.机构：第二季度非洲智能手机市场增长7% 市场监管总局副局长柳军8月22日在国新办举行的"高质量完成'十四五'规划 ...

成都：1-7月新能源汽车产量增长326.2% 8月22日，据成都发布，今年1-7月，全市规模以上工业增加值同比增长8.0%，全市固定资产投资（不含 农户）同比增长4.5%，其中民间投资增长5.6%。分行业看，37个大类行业中有24个行业增加值实现增 长，汽车制造业增长22.9%，计算机、通信和其他电子设备制造业增长17.2%。从主要工业产品产量 看，新能源汽车增长326.2%，智能手表增长135.2%，锂离子电池增长41.4%。 江苏实施车网互动放电价格标准 据新华社，江苏省已正式明确新能源汽车参与车网互动放电价格机制，以具有一定吸引力的放电价格标 准，进一步推动车网互动迈入规模化、商业化运营新阶段。车网互动主要指新能源汽车在电网负荷低谷 时段充电储能，在高峰时段或有需要时向电网反向送电，使电动汽车成为移动的分布式储能单元。该技 术应用对增强电网灵活性、促进新能源消纳具有重要意义。 江苏省发展改革委近日推出支持车网互动规模化建设相关电价政策，参与试点的公共及居民车网互动设 施均可开展反向放电，执行具有经济吸引力的放电价格。以2025年8月国网江苏电力代理购电工商业用 户电价为例，尖峰时段放电价格可达每度电1. ...

Core Viewpoint - Goer Group is strategically shifting its focus towards the AR industry by acquiring upstream resources and investing in key technologies to enhance its competitive edge in the precision component sector and strengthen ties with leading clients [1][2][6] Group 1: Acquisitions and Investments - Goer Group has made significant acquisitions, including a HKD 10.4 billion (approximately RMB 9.5 billion) purchase of Hong Kong Mia and Changhong Industrial, which are key suppliers for Apple's metal frames [1][2] - The company has also provided a USD 100 million loan to Haylo to support its acquisition of UK Micro-LED leader Plessey, indicating a commitment to integrating high-tech assets [1][6][7] - The acquisitions aim to enhance Goer's capabilities in precision metal processing, which is crucial for lightweight AR glasses, and to solidify its position in the high-barrier AR technology landscape [2][3] Group 2: Market Position and Competitive Advantage - Goer Group is positioned as a supplier for major companies like Huawei, Samsung, Xiaomi, Meta, and Amazon, providing optical components and acoustic modules for AI glasses and other products [3][4] - The company offers a cost advantage of 3%-5% compared to competitors by providing a bundled quote of "complete machine + shell + antenna" for AR glasses and smartwatches [3][5] - If Goer captures 15%-20% of the projected global shipments of smartwatches and AR glasses by 2025, the revenue increase could reach RMB 22 billion to RMB 26 billion, representing 25%-30% of its total revenue for 2024 [3][5] Group 3: Financial Performance and Growth Potential - Goer Group's precision components business, although currently a smaller revenue contributor, has shown significant growth with a 21% year-on-year increase in revenue, indicating its potential to drive overall company performance [5][6] - The AR segment is expected to be a major growth driver, with projected revenue contributions from major clients like Xiaomi, which could account for 1/7 of Goer's expected revenue growth [9][10] - The company anticipates that the AR business will not only replace the declining smart hardware segment but also enhance profitability due to its high-value characteristics [9][10]

Core Insights - The company reported a significant revenue increase of RMB 2.626 billion, representing a year-on-year growth of approximately 40.7% [1] - Adjusted net loss narrowed to RMB 43.7 million, a reduction of about 71.2% compared to the same period last year [1] - The core business, the Prophet AI platform, saw revenue growth of RMB 2.149 billion, up approximately 71.9%, accounting for about 81.8% of total revenue [1] AI Agent and Market Position - The company has advanced the "AI Agent + World Model" initiative, capturing high-value AI transformation demands from enterprise clients, resulting in 90 benchmark users, an increase of 4 from the previous year [2] - Average revenue per benchmark user reached RMB 17.98 million, reflecting a growth rate of 56.6% year-on-year [2] - The company maintained its position as the leading player in the Chinese machine learning platform market for seven consecutive years, according to IDC [3] Future Growth and New Ventures - The company is exploring AI applications in new fields, including AI + energy storage, focusing on optimizing power trading strategies and intelligent operation of power plants [4] - The newly launched Phancy consumer electronics business has introduced products such as smartwatches and smart glasses, with plans to expand into smart toys and wearables [4] - A strategic partnership with Huawei's HarmonyOS and Hisilicon chips aims to create an integrated AI hardware solution, enhancing the company's competitive edge in the smart device ecosystem [5]

8月20日，智通财经记者从苏宁易购获悉，苏宁易购发布的《818家电3C消费洞察》显示，升级类家电 和新趋势产品成为消费热点，融合前沿技术、解决场景痛点的新智家电产品销售同比增长72%，万元以 上高端家电订单增长86%。3C方面，开学季叠加818大促，笔记本电脑、平板电脑、智能手表销售同比 增长184%、129%、94%。818期间，苏宁易购渠道全品类智能产品销量占比超过50%。 报告还显示，今年以来，苏宁易购加速核心城市商圈布局Suning Max门店，打造新品首发阵地与新智家 电体验中心。818期间，全国Suning Max门店迎来销售热潮，销售同比增长43%，电脑、空调、厨卫三 大品类销售增长206%、110%、78%。"新、奇、智、特"产品消费升温，其中，高性能游戏本增长 251%，嵌入式厨房一体机增长186%，大套数洗碗机增长184%，无风感空调增长80%。（智通财经记者 邵冰燕） ...

Group 1 - The home appliance market is entering a new structural upgrade cycle driven by the rise of quality and personalized consumption, with sales of smart home appliances increasing by 72% year-on-year and high-end appliances over 10,000 yuan growing by 86% [2] - The back-to-school season combined with the 818 promotion has led to significant sales increases in 3C products, with laptops, tablets, and smartwatches seeing year-on-year growth of 184%, 129%, and 94% respectively [2] - Suining Yigou's initiatives, including supply upgrades and expanded scenarios, aim to provide cutting-edge home solutions, marking this year as the "Year of Smart Home Appliance Popularization" [2] Group 2 - Smart appliances are becoming popular choices for consumers due to their ability to simplify household tasks and enhance life quality, with over 50% of all smart product sales during the 818 period [4] - Specific smart products saw significant sales growth, including smart kitchen hoods with a 59% increase, smart air conditioners with an 85% increase, and large-capacity smart refrigerators with a 149% increase [4] Group 3 - As health awareness rises, consumers are increasingly focused on features like sterilization and purification in appliances, with sales of water purifiers growing by 297%, dryers with sterilization functions increasing by 147%, and fresh air conditioners rising by 136% [6] - The trend towards integrated home appliances is evident, with embedded refrigerators and washing machines accounting for over 90% of sales, and embedded micro-steaming ovens growing by 129% [6] Group 4 - Suining Yigou is accelerating its layout of Suning Max stores in core urban areas, which has led to a 43% year-on-year sales increase during the 818 period, with significant growth in computers, air conditioners, and kitchen appliances [8] - High-performance gaming laptops saw a 251% increase, embedded kitchen appliances grew by 186%, and large-capacity dishwashers increased by 184% [8]

Core Viewpoint - Fossil Group, Inc. has experienced a significant stock surge of 76.6% following its latest quarterly earnings release, reflecting investor optimism regarding the company's turnaround progress and financial outlook [1] Financial Performance - In Q2 2025, Fossil reported an adjusted net loss of $0.10 per share, an improvement from a loss of $0.47 per share in the same quarter last year [2] - Net sales were $220.4 million, representing a 15.2% decline from $260 million in the prior-year period, primarily due to softness across product categories and the exit from the smartwatch segment [3] - Gross profit was $126.7 million, down 7.4% year over year, but gross margin expanded by 490 basis points to 57.5% from 52.6% a year ago [4] - Operating income reached $8.5 million, a significant improvement from a $34 million loss in Q2 2024, with adjusted operating income at $3.8 million compared to an adjusted operating loss of $17 million a year earlier [5] Business Metrics - Sales declines were broad-based, with revenues falling 19% in the Americas, 14% in Europe, and 12% in Asia on a constant-currency basis [6] - The company closed 47 stores over the past year, reducing its global store count to 214 from 258, and inventories decreased by 11.9% year over year to $178.1 million [7] Management Commentary - CEO Franco Fogliato noted the quarter marked the third consecutive period of positive adjusted operating income, highlighting cost control and gross margin strength as key achievements [8] - Management emphasized upcoming marketing investments and new product launches in the second half of 2025 to strengthen brand positioning [9] Factors Influencing Results - Margin improvements were driven by sourcing initiatives, reduced freight costs, and exiting the lower-margin smartwatch business, with selling, general, and administrative expenses falling nearly 28% year over year [10] - Consumer demand remained pressured, with challenges in retail traffic and category headwinds acknowledged by management [11] Guidance - Fossil raised its full-year 2025 outlook, now expecting worldwide net sales to decline in the mid-teens, an improvement from prior guidance of a mid- to high-teens drop [12] Other Developments - The company announced a comprehensive refinancing plan, securing a new $150 million asset-based revolving credit facility to enhance financial flexibility [13]

Core Insights - The report from Suning.com indicates a significant shift in consumer preferences towards upgraded home appliances and new trend products, highlighting a 72% year-on-year increase in sales of smart home appliances that integrate cutting-edge technology and address consumer pain points [1] - High-end appliances priced over 10,000 yuan saw an impressive 86% growth in orders, reflecting a growing demand for premium products [1] - In the 3C category, sales of laptops, tablets, and smartwatches experienced remarkable year-on-year growth rates of 184%, 129%, and 94% respectively, indicating a strong consumer interest in these technology products [1]