HK Stock Market Move | CONANT OPTICAL(02276) rose nearly 9%, the AI glasses industry promotion symposium is about to be held, and the company is expected to enjoy the industry's growth dividend.

CONANT OPTICAL (02276) rose nearly 9%, reaching 8.44% at the time of writing, trading at 29.55 Hong Kong dollars with a turnover of 388.322 million Hong Kong dollars. On the news front, the China Institute of Information and Communications plans to hold a "AI Glasses Industry Promotion Seminar" at the Computer Innovation Institute of Zhejiang University on March 12. It is understood that the main purpose of this seminar is to promote the healthy development of the AI glasses industry and strengthen communication and cooperation among companies in the industry chain. At the meeting, experts from various fields will discuss industry trends, breakthroughs in core technologies, and the construction of standard certification systems. Tianfeng pointed out that CONANT OPTICAL, as a leading manufacturer of custom-made resin lenses with production capacity, has significant advantages in industrial development and research and development achievements. Currently, it is making smooth progress in cooperation and research and development with top global consumer electronics customers. In addition, the entry of Geely Group provides strong support, and the company is expected to benefit from the rapid growth dividend of smart glasses, opening up room for performance and valuation growth. Guotai Junan released a research report stating that Meta's "product paradigm innovation" is driving AI glasses into a period of explosive growth. By entering the consumer market at a relatively low price, focusing on the high-frequency scene of "first-person shooting + real-time translation" to create a rigid demand, directly reducing supply chain costs, and promoting the industry to enter a positive cycle of "production-sales-technology iteration." This product form of AI glasses effectively solves user needs and drives the development of the industry chain, with enough upstream and downstream players entering, establishing the formation of a new track. AI applications upgrade smart glasses to become "perceptible and decision-making" interactive terminals, injecting acceleration into their large-scale landing. It is expected that 2025 will be the start-up period for the market, 2026 to 2029 will be the period of explosive growth in the market, and 2030 will be the period of mature and stable market, with corresponding annual sales of 500,000 to 800,000 units, 1 million to 5 million units, and 5 million to 10 million units.