Hong Kong Stock Concept Tracking | The Rise of Large AI Models, AI Audio Glasses New Products Attract Attention (With Concept Stocks)

On November 16th, Looktech held a product launch event, officially releasing its AI smart glasses, showcasing new possibilities of combining smart glasses with AI through innovative designs such as knob interaction and smart mini-programs. Baidu: The first native AI glasses with a built-in Chinese large model were officially unveiled, with AI functionality being the main selling point of the glasses. The glasses weigh 45g, have a battery life of 56 hours, can play music for over 5 hours continuously, and are equipped with physical buttons that support customization. Additionally, to ensure users' voice interaction experience, they are equipped with four-array microphones and custom open-type sound leakage speaker units. The glasses feature a 16-megapixel camera, serving as an important bridge connecting user needs and the AI functions of the glasses, allowing users to take photos and record videos through voice interaction anytime and anywhere. Rokid Glasses: Partnering with Alibaba (Tongyi Qianwen) and Baolong Glasses to create stylish AI audio glasses. Huajin Securities Research believes that the growing demand for smart wearable devices and the rise of generative artificial intelligence large models are pushing AI audio glasses into a broader market. In the short term, with a relatively vague user profile for AR glasses, smart audio glasses are entering the market by replacing headphone functions, using glasses (for vision correction/decorative purposes) as a carrier, and enhancing experiences and selling points with AI, which is expected to open up a new audio track. Related Hong Kong stocks involved in AI glasses: SUNNY OPTICAL (02382): In the first half of 2024, mobile phone lens shipments reached 630 million units, a year-on-year increase of 23.7%, maintaining the number one global market share. Shipments of high-end lenses (6P and above) reached 160 million units, a year-on-year increase of 23.2%. During this period, the company achieved mass production of several 1-inch glass-plastic hybrid main cameras and large-format periscope lenses, and completed the research and development of multiple periscope lenses. Mobile module shipments reached 290 million units, a year-on-year increase of 13.5%, maintaining the number one global market share. During this period, the company continued to make technological breakthroughs in core moving components of main cameras and periscope cameras. The good performance in shipments in the first half of the year and the positive expectations for new machine launches for domestic Android customers and overseas major clients in the second half of the year led the company to raise its guidance for mobile lens and module shipments, with mobile lens shipments expected to increase by 5-10% year-on-year and gross margins expected to reach 20-25%; mobile module shipments are expected to remain flat compared to the previous year, with ASP expected to increase by 10-15% year-on-year, and the annual gross margin is expected to be 6-10%. Kangnai Optical (02276): Recently announced that it has signed a product supply framework agreement with a multinational consumer electronics company, intending to carry out long-term cooperation. According to the relevant supply agreement, the other party has placed a formal order with the company, which will provide customized lenses with personalized parameters for application in their products. At the same time, the company has established an XR research and development and service center to provide support and services for potential precision optical business from both technical and market perspectives, and to strengthen the company's research and development of product applications in XR optics