HK Stock Market Move | CONANT OPTICAL(02276) rose more than 4%, Gole's investment in AI-related businesses accelerates, and the smart glasses industry enters a period of rapid development.

CONANT OPTICAL (02276) rose by over 4%, trading at 4.47% higher at 25.7 Hong Kong dollars with a turnover of 7.2015 million Hong Kong dollars as of the time of writing. On the news front, Sinolink pointed out that the landing of AI hardware is opening up a new chapter, with certainty in investment from Goertek. The company mainly focuses on fitting lens solutions, and has successfully established an XR research and development service center, as well as purchased land in Thailand to support the production of XR products, with the potential to expand into the US market. On the evening of December 29, 24, the company announced that Goertek had negotiated with certain existing shareholders of Conant Optical (excluding the controlling shareholder) to acquire no more than 42.8 million shares (10.0% before/8.9% after the offering). If the offering and acquisition are completed, it is expected that Goertek will hold 20% of the company's shares. With the long-term accumulation of customized lens capabilities, the company is expected to break through to top customers domestically and internationally in the future. Shenwan Hongyuan Group indicated that the smart glasses industry is flourishing, and the company actively positions itself with a first-mover advantage. Goertek plans to continuously subscribe for and acquire the company's equity, demonstrating recognition of the industrial chain, and is expected to empower the company's related business development and open up future growth space. Guotai Junan believes that AI smart glasses are the best hardware carrier for AI implementation, and the industry is entering a period of rapid development. The smooth cooperation of the company will lead to the first benefits.