每经AI快讯，1月21日，中信建投（601066）研报称，2023年9月Meta开启AI眼镜时代，2025年行业进 入产品爆发期，预计谷歌等公司AI眼镜产品也将在2026~2027年陆续推出。政策层面，2026年AI眼镜纳 入国补，有望带动消费需求进一步提升。当前AI眼镜面临"不可能三角"，在成本、重量、性能、续航多 方面有所取舍，目前AI音频眼镜和AI拍摄眼镜已经较为成熟，带显示屏的AI+AR眼镜尚在发展阶段， 光学显示系统是关键环节之一，预计光波导方案为未来主流方向，待技术成熟时，有望替代智能手机， 成为个人综合终端。镜片厂商目前主要在销售渠道、定制镜片领域卡位，带动客单价提升，展望未来， 或可依托自身在树脂材料、光学领域的积累，深入产业链更多环节，如光波导、电致变色、眼球追踪等 光电元件，分享更多产业链价值。 ...

长江商报消息 ●长江商报记者 张璐 博士眼镜（300622.SZ）在智能眼镜赛道拓展与全国渠道布局上再添强劲动力。 1月18日，博士眼镜发布公告，公司收到中国证券监督管理委员会同意注册的批复，正式获批向不特定 对象发行总额不超过3.75亿元的可转换公司债券。 长江商报记者注意到，博士眼镜靠售卖传统眼镜起家，公司已在全国范围内拥有584家门店。公司于 2022年开始布局智能眼镜赛道，持续打造产品竞争优势。此次募资不仅将巩固其市场领先地位，更将为 公司智能化转型与行业高质量发展注入新动能。 此外，资产规模的持续扩张则为公司战略落地提供了坚实基础。截至2025年三季度末，公司总资产增至 13.31亿元，创下历史新高。 拟募资3.75亿扩产 近日，博士眼镜公告，拟发行可转债募资不超3.75亿元，拟用于智能眼镜门店建设及升级改造项目、总 部运营管理中心及品牌建设项目、数字化平台升级建设项目及补充流动资金。 根据公司披露的募集说明书，本次募资的核心投向为"连锁眼镜门店建设及升级改造项目"，拟投入1.8 亿元募集资金在全国重点城市拓展225家新门店，并对部分现有门店进行智能化升级改造。 渠道布局，持续完善销售网络。截至20 ...

Group 1: Company Overview - Insta360, a leading domestic action camera brand, is set to launch its IPO on the STAR Market, aiming to raise 464 million yuan for the construction of a smart imaging equipment production base and a research center in Shenzhen [1][2] - The IPO price is set at 47.27 yuan per share, with an online issuance scale of 6.56 million shares and a price-to-earnings ratio of 20.04 times [1] Group 2: Financial Performance - Insta360's revenue is projected to grow significantly from 20.41 billion yuan in 2022 to 55.74 billion yuan in 2024, achieving a compound annual growth rate of 65% [2] - Net profits are expected to rise from 4.07 billion yuan in 2022 to 9.95 billion yuan in 2024 [2] - Approximately 80% of Insta360's revenue comes from overseas markets, with international sales projected at 15.96 billion yuan, 29.03 billion yuan, and 42.23 billion yuan for the years 2022 to 2024, respectively [2] Group 3: Market Position - Insta360 holds a 67.2% market share in the consumer-grade panoramic camera sector, ranking first globally for six consecutive years [2] - In the broader action camera market, Insta360 has entered the top three, competing closely with GoPro and DJI, and has surpassed GoPro in sales in the first half of 2024 [2] Group 4: Industry Trends - The consumer electronics industry is witnessing rapid growth driven by technological innovations, with a notable focus on AI glasses expected to see significant product launches in 2025 [3][4] - The global sales of AI glasses are anticipated to exceed 5.5 million units in 2025, marking a 135% year-on-year increase [3] - Domestic manufacturers are actively releasing new AI glasses products to capture market opportunities, indicating a competitive landscape [3] Group 5: Market Sentiment - Recent performance of indices such as the Xinhua Manufacturing Overseas 50 and Xinhua TMT Overseas 50 reflects positive market sentiment, with some stocks experiencing notable gains due to revenue growth and industry optimism [4][5]

Core Insights - The fifth China International Consumer Products Expo (CICPE) is being held from April 13 to 18 in Hainan, featuring over 1,700 consumer enterprises and more than 4,100 brands from 71 countries and regions, showcasing emerging consumer sectors such as fashion, technology, health, and services [1][2] Group 1: Shenzhen Pavilion Highlights - The Shenzhen Pavilion, themed "Shenzhen Intelligent Manufacturing Global Sharing," showcases 15 well-known companies including BYD, DJI, and Honor, with over 100 exhibits demonstrating Shenzhen's technological and innovative capabilities [2][3] - The pavilion covers an area of 900 square meters, featuring more than 200 exhibits across key industries such as new energy vehicles, smart manufacturing, consumer electronics, fashion, and health [1][2] Group 2: AI Robotics and Smart Retail - AI robots are a key highlight at the expo, with Anno Robotics presenting three main products: an AI coffee art robot, an AI cocktail robot, and an AI ice cream robot, all targeting the ready-to-drink beverage market [3][4] - The AI coffee art robot allows consumers to customize their coffee preferences and produces drinks in an average of 90 seconds, while the cocktail robot can serve drinks in 45 seconds and the ice cream robot in 30 seconds [3] Group 3: Innovations in Consumer Technology - Yuntian Lifei, a first-time participant, showcases several consumer-oriented smart hardware products, including the first domestically produced AI pet and new AI audio glasses, emphasizing the integration of large models with hardware [5][6] - The AI audio glasses, developed in collaboration with Flash and LoHo, feature capabilities such as photography, video recording, voice interaction, and smart translation, positioning them as both a fashion item and a personal assistant [6]