康冠科技介绍，今年8月，公司推出首代KTC AI交互眼镜，搭载高通芯片与火山引擎豆包大模型，支持 AI闪记、多模态交互和AI翻译等功能。该产品不仅丰富了KTC品牌在智能穿戴领域的产品矩阵，也体 现出公司在AI技术与解决方案融合方面的前瞻布局。 中证报中证网讯(王珞)8月25日晚，康冠科技（001308）发布2025年半年度报告，上半年公司实现营业 收入69.35亿元，扣非净利润同比增长10.62%至3.46亿元，经营现金流大幅改善，创新类显示产品业务 量利齐升。 报告显示，公司创新类显示产品上半年实现收入8.98亿元，同比增长39.16%，出货量同比增长48.05%。 该业务收入占公司总体营收占比为12.95%，系创新类显示产品业务单独列报以来首次突破10%，同时该 业务毛利率同比增长1.14%，实现量利齐升。报告中提到，AI赋能正有效转化为创新类显示产品业绩提 升的积极态势。公司"KTC"品牌与火山引擎豆包大模型达成全面合作，旗下随心屏系列与AI交互眼镜全 面接入豆包大模型；"皓丽"品牌开启AI时代的会议方式，通过"AI+软件+系统+硬件"四位一体，将大模 型技术转化为实际生产力，打造全场景AI协作闭环；" ...

电子 行业研究/行业周报 DS 新版本发布，看好国产算力机会 ——电子行业周报（2025.08.18-2025.08.22） ◼ 核心观点 本周核心观点与重点要闻回顾 AI 端侧：康冠科技发布全新 KTC AI 交互眼镜，看好端侧投资机会。 8 月 19 日，国内知名显示与智能终端品牌 KTC 正式发布旗下首款 AI 交互眼镜。该眼镜搭载高通骁龙 AR1 芯片，镜架仅 39g，搭配方圆造 型，支持近视屈光镜替换，佩戴轻盈舒适；性能配置上，依托与火山 引擎豆包大模型合作，这款眼镜支持多模态交互。随着智能眼镜产品 的逐渐完善和更多应用场景的落地，产品持续受到消费者认可，我们 看好相关产业发展。 消费电子：谷歌 Pixel 10 发布，AI 成主角。8 月 21 日消息，谷歌周三 发布新款 Pixel 10 系列智能手机及其他智能设备，进一步凸显了其将 人工智能（AI）融入旗下产品生态系统的决心。比如说，当用户致电 航空公司时，它会自动显示航班确认邮件。发布会现场，工作人员还 演示了早已在 5 月谷歌开发者大会上亮相的部分 AI 功能，例如通话 中的实时翻译功能。随着 AI 功能逐年增强并赋能手机，手机有望成为 新 ...

投资者关系活动 类别 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ☑ 其他 （线上会议） 参与单位名称及 人员姓名 东方基金管理股份有限公司，华夏基金管理有限公司，国信证券股份 有限公司，中信证券股份有限公司，国泰海通证券股份有限公司，长江证 券股份有限公司，东方财富证券股份有限公司，开源证券股份有限公司， 华安证券股份有限公司，华金证券股份有限公司，西南证券股份有限公司， 甬兴证券有限公司，兴业证券股份有限公司，招商证券股份有限公司，天 风证券股份有限公司，国盛证券有限责任公司，国金证券股份有限公司， 华源证券股份有限公司，中国银河证券股份有限公司，海南峰辰私募基金 管理有限公司，上海秀界投资管理中心（有限合伙），中兴汉广（北京） 投资管理有限公司，上海明河投资管理有限公司，上海同犇投资管理中心 （有限合伙），共 24 家调研机构。 时间 2025年8月26日 地点 公司会议室 上市公司接待 人员姓名 董秘办主任兼证代：范誉舒馨 董秘办工作人员 投资者关系活动 主要内容介绍 问题一、请介绍下公司 2025 年上半年的经营情况？ 答：公司 2025 年上半年实 ...

Investment Rating - The investment rating for the company is "Buy" [1] Core Viewpoints - The KTC AI interactive glasses have been officially launched at a starting price of 1499 yuan, with a promotional price of 999 yuan for the first 500 customers [2][3] - The global smart glasses market is expected to see significant growth, with a projected shipment of 1.568 million units in 2024, representing a year-on-year increase of 119% [4] - The company is positioned as a leader in the global smart display industry, with a stable revenue growth trajectory and a strong competitive advantage [5] Financial Projections - Revenue is expected to reach 176 billion yuan in 2025, with a year-on-year growth of 12.8%, and projected net profit of 9.7 billion yuan, reflecting a growth of 16.5% [6][8] - The earnings per share (EPS) is forecasted to be 1.39 yuan in 2025, with a price-to-earnings (PE) ratio of 18 times [6][8] - The company anticipates a steady increase in revenue and net profit over the next three years, with net profit expected to reach 14.2 billion yuan by 2027 [6][8]

Market Overview - The main board led the gains with notable stocks such as Dashij Smart (+10.14%), Yuanwanggu (+10.05%), and Zhongke Jincai (+10.01%) [1] - The ChiNext board saw significant increases with Hanbo High-tech (+20.00%) and Chengmai Technology (+20.00%) [1] - The Sci-Tech Innovation board was led by Diao Wei (+20.00%) and Chip Origin (+13.39%) [1] - Active sub-industries included SW Communication Network Equipment and Devices (+3.72%) and SW Robotics (+2.27%) [1] Domestic News - Aibang ARAI glasses were introduced by Kangguan Technology, featuring multi-modal interaction and AI capabilities [1] - Anno Logic Technology commenced a semiconductor packaging project aimed at upgrading its production capabilities, targeting an annual output of 10 billion chips [1] - Jingjia Micro announced a 220 million yuan investment in Chengheng Micro to enhance its smart computing business [1] - Huahai Qingke completed a strategic investment in Suzhou Bohongyuan, focusing on high-precision grinding and polishing equipment for compound and optical materials [1] Company Announcements - Zhongjing Electronics reported a total revenue of 1.618 billion yuan for H1 2025, a year-on-year increase of 21.29%, with a net profit of 18 million yuan, up 125.05% [3] - Dazhu CNC announced a revenue of 2.382 billion yuan for H1 2025, reflecting a 52.26% year-on-year growth, and a net profit of 263 million yuan, up 83.82% [3] - Lite Optoelectronics reported a revenue of 292 million yuan for H1 2025, a year-on-year increase of 18.84%, with a net profit of 126 million yuan, up 36.74% [3] - Luwei Optoelectronics achieved a revenue of 544 million yuan for H1 2025, a 37.48% increase year-on-year, with a net profit of 106 million yuan, up 29.13% [3] Overseas News - The global DRAM market reached a record high of 32.101 billion USD in Q2 2025, with SK Hynix holding a 38.2% market share [4] - TrendForce predicts that the penetration rate of foldable phones will rise from 1.6% in 2025 to over 3% by 2027, driven by Apple's upcoming products [4] - Samsung's Project Moohan headset received FCC certification, featuring a custom AndroidXR OS and Snapdragon XR2+ Gen2 chip for enhanced graphics [4] - NVIDIA is accelerating its entry into the humanoid robot market, with plans for production lines in collaboration with Foxconn [4]