Market Overview - The main board saw significant gains with stocks like Dashi Intelligent (+10.13%), Rijiu Optoelectronics (+10.02%), and Zhongjing Technology (+10.02%) leading the charge [1] - The ChiNext board also performed well, highlighted by Yihau New Materials (+20.00%) and Boshang Optoelectronics (+20.00%) [1] - The Sci-Tech Innovation board was led by Qilin Xinan (+13.50%) and Xindao Technology (+12.16%) [1] - Active sub-industries included SW Integrated Circuit Testing (+3.22%) and SW Vertical Application Software (+3.06%) [1] Domestic News - Muxi Co., Ltd. has completed its IPO guidance status, focusing on providing full-stack GPU chips and solutions for heterogeneous computing, applicable in smart cities, cloud computing, and more [1] - TCL Huaxing Optoelectronics received a funding proposal of RMB 50 million for a new display materials testing line project [1] - Nuo Tian's silicon carbide semiconductor equipment and substrate production base has officially commenced operations, with applications in various high-tech fields [1] - The smart glasses market in China saw a shipment of 494,000 units in Q1 2025, a year-on-year increase of 116.1%, with audio and audio recording glasses leading the segment [1] Company Announcements - Chicheng Co. announced a stock dividend distribution of 3 shares for every 10 shares held, along with a cash dividend of RMB 1.00 per 10 shares [3] - Fenda Technology reported a decrease in shareholding by its major shareholder, with the combined holding dropping from 21.50% to 19.43% [3] - Weimao Electronics received a patent for a device that simulates working conditions for electric irons, showcasing its innovation in high-end home appliance components [3] - Silan Micro announced a cash dividend distribution of RMB 0.04 per share, totaling RMB 66.56 million [3] International News - The U.S. plans to revoke the exemption for global semiconductor manufacturers to use American technology in China, affecting companies like Samsung and TSMC [2] - Cadence welcomed VLAB Works, a leader in virtual platforms, to enhance its virtual development environment offerings [2] - SK Hynix is set to launch its first customized HBM memory product in the second half of 2026, targeting major clients like NVIDIA and Microsoft [2] - Wolfspeed, a U.S. chip manufacturer, announced plans to file for bankruptcy under a restructuring agreement to eliminate significant debt [2]

IDC：2025年第一季度中国智能眼镜市场出货量49.4万台，同比增长116.1%。其中中国音频和音频拍摄 眼镜市场出货量35.9万台，同比增长197.4%。 ...

Core Insights - The Chinese smart glasses market experienced a significant year-on-year growth of 116.1% in Q1 2025, with a total shipment of 494,000 units [1] Summary by Category Market Performance - The audio and audio-capturing glasses segment saw a remarkable increase in shipments, reaching 359,000 units, which is a 197.4% year-on-year growth [1] - The AR/VR market also showed positive growth, with shipments of 135,000 units, reflecting a 25.2% increase compared to the previous year [1] Market Trends - In the past two quarters, the focus of the Chinese AR/VR market has gradually shifted towards the AR & ER segment, which recorded shipments of 86,000 units in Q1, accounting for 63.8% of the market share and demonstrating a year-on-year growth of 64.0% [1]

Core Insights - The International Data Corporation (IDC) report indicates a significant growth in the Chinese smart eyewear market, with a projected shipment of 494,000 units in Q1 2025, representing a year-on-year increase of 116.1% [1] - The audio and audio-capturing glasses segment is expected to see even more substantial growth, with shipments reaching 359,000 units in Q1 2025, marking a year-on-year increase of 197.4% [1] - Overall, the Chinese smart eyewear market is forecasted to reach 2.907 million units in 2025, reflecting a year-on-year growth of 121.1%, with audio and audio-capturing glasses expected to account for 2.165 million units, a growth of 178.4% [1] - The AR/VR device segment is also anticipated to grow, with expected shipments of 742,000 units in 2025, showing a year-on-year increase of 38.1% [1]

Core Insights - The global smart eyewear market shipped 1.487 million units in Q1 2025, representing a year-on-year growth of 82.3% [1] Segment Summaries - The global audio and audio-capturing eyewear market shipped 831,000 units, showing a significant year-on-year increase of 219.5% [1] - The AR/VR eyewear market shipped 656,000 units, with a year-on-year growth of 18.1% [1]