Shanghai Conant Named Core Lens Supplier in Major Smart Glasses Deal
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Shanghai Conant Optical Co. Ltd. has secured a significant multi-year agreement to become the core lens supplier for a leading global technology company's flagship smart glasses. This partnership emphasizes the company's expertise in AI smart glasses and AR waveguide solutions, supported by over forty joint R&D projects. To accommodate anticipated growth in the XR sector, Shanghai Conant is expanding its production capabilities and enhancing its manufacturing base. Analysts rate the stock (HK:2276) as a Buy, with a price target of HK$50.96, reflecting confidence in the company's future prospects.
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