HK Stock Market Move | CONANT OPTICAL (02276) up by more than 4%, expecting a full-year net profit growth of over 30%. The company is actively expanding into the field of smart glasses.

CONANT OPTICAL (02276) rose more than 4%, hitting 4.05% at the time of the announcement, reaching 24.4 Hong Kong dollars with a trading volume of 13.9594 million Hong Kong dollars. In terms of news, CONANT OPTICAL announced that the company expects its annual net profit to increase by no less than 30% year-on-year. This is mainly due to the company achieving good results in expanding its business market, steady growth in revenue, diversification of lens types with a gradual increase in high value-added products, continuous optimization of financing structure and scale to improve profit levels, and reduction of financing costs, leading to a further decrease in financial expenses. Cinda pointed out that in the smart glasses sector, the company mainly develops international top clients, differentiating from domestic buckles/plug-in/magnetic nearsighted glasses solutions. Fitting is an important direction for overseas promotion, with significantly improved user experience and lighter lens weight. Previously, the company announced that it had received research and development expenses and small trial order payments from top American clients, introduced Goerl as a strategic shareholder (strategic placement + transfer of old shares, with a total holding of nearly 20%), and plans to establish an XR production base in Thailand. With the company's accumulated customized lens production capacity for over a decade, it is expected to gradually break through to top clients.