Hong Kong Stock Concept Tracking|Ali enters the AI glasses and smart glasses industry chain to accelerate breakthroughs (with concept stocks)

On January 2, the consumer-grade AR brand Thunderbird Innovation Rayneo held a strategic signing ceremony with Alibaba Cloud. The two sides announced that they had reached an exclusive strategic cooperation in the field of AI glasses. The Tongyi series of large models will provide exclusive customized technical support for Thunderbird's AI glasses.

According to reports, this is the first in-depth customization cooperation between a major model in China and an AI eyewear hardware manufacturer. Alibaba Cloud's Tongyi series of large models will provide full AI technology and product support for Thunderbird's innovative AI glasses. The two sides will use AI glasses as the core carrier, jointly invest in R&D resources and manpower, and continue to cooperate in the fields of cloud computing, big models, and AI hardware.

The Zhitong Finance App learned that AI eyewear products that went to the US to participate in CES on 7-10 of this month are as follows:

1. Thunderbird V3 (Rayban META-like AI glasses)

2. Thor Technology (3 models, probably BB Solution AR glasses, AR glasses with an array of optical waveguides, and AI glasses like RayBan META)

3. Li Weike (Rayban META-like AI glasses)

4. Gyges Labs' Halliday (AI glasses with display, but the technology path is not an optical waveguide, but a DigiWindow technology solution based on the principle of retinal projection)

5. Return technology (Rayban META-like AI glasses)

6. Lotus Root Technology (AR glasses)

7. Dapeng (XR products and AI glasses products)

8. Kangguan Technology (Rayban META-like AI glasses)

9. Vuzix (exhibiting a reference design for next-generation optical waveguides+smart glasses)

10. Wonder Optoelectronics (AR glasses prototype showing the LCoS solution)

11. Sony (XR glasses)

Open Source Securities released a research report stating that the collision effect of AI smart glasses with fashion and technology is evolving at an accelerated pace, and the demand potential has been initially verified. Multi-brand AI glasses are selling well in the market, and the supply side is expanding production capacity at an accelerated pace; fashion concepts in the eyewear category are evolving at an accelerated pace, and eyewear has become an anti-cyclical category among luxury brands, and luxury goods groups are increasing their eyewear business to help the group grow. Currently, R&D and channel increases have enabled the release of AI glasses, and smart glasses have accelerated breakthroughs.

Hong Kong stocks in the AI glasses-related industry chain:

Baidu Group-SW (09888): At the 2024 Baidu World Conference, Baidu officially unveiled Xiaodu AI glasses and called this product “the world's first native AI glasses equipped with a large Chinese model.” Li Ying, vice president of Baidu Group and CEO of Xiaodu Technology, revealed that Xiaodu AI glasses will be officially launched in the first half of 2025.

Ruisheng Technology (02018): CICC released a research report stating that AI glasses continue to drive camera shipments and specifications, along with cost reductions in core devices such as optics, and AI glasses may evolve further into AR glasses over a long period of time.

Shunyu Optical Technology (02382): Shunyu Intelligent Optics has technical layout and product solutions for AI glasses vision solutions, particularly in the three major fields of scene interaction, information interaction, and imaging. The company achieved full-stack xR vision solution coverage based on monocular, binocular, and dToF technologies, and continuously promoted R&D progress in high resolution, miniaturization, and variable aperture to meet the industry's demand for AI glasses such as SLAM, ultra-wide angle, ultra-telephoto, and eye tracking.

Connett Optics (02276): Conet Optics recently announced that it has signed a product supply framework agreement with a multinational consumer electronics company to develop long-term cooperation. According to the relevant supply agreement, the other party has placed an official order with the company, and the company will provide them with customized lenses with personalized parameters to be applied to the product. At the same time, the company has set up an XR R&D and service center to provide support and services for potential precision optics businesses from the technical side and the market side, respectively, and strengthen the company's research and development on the technical application of products in XR optics.