Hong Kong Stock Concept Tracker | AI glasses iteration accelerates, supporting manufacturers are expected to share more value in the industry chain (with concept stocks)

Title context: Hong Kong Stock Concept Tracker | AI glasses iteration accelerates, supporting manufacturers are expected to share more value in the industry chain (with concept stocks) Text: According to the latest Omdia data, global AI glasses shipments reached 4.2 million units in the first half of 2026, up 127% year over year. Omdia analyst Qiran Ju said: "The growth of the AI glasses market in the first half of 2026 was due, on the one hand, to Meta continuing to maintain market momentum, and on the other hand, to the push from a large number of new Chinese entrants. Equally critical is that major manufacturers use everyday glasses forms as the carrier and focus on features such as hands-free photo and video capture, open-ear audio, and AI assistants, allowing the product value to be intuitively perceived by consumers." According to Counterpoint Research's "Global Smart Glasses Market Tracker Report," global AI glasses shipments (including screenless AI glasses and AR/AI glasses) increased 263% year over year in the first half of 2026. Lower-priced, lighter screenless AI glasses continued to dominate, accounting for 96% of total shipments. Looking ahead, the AI glasses market will maintain strong growth, and the next phase of growth will be driven by smart glasses. Peter Richardson, vice president of research at Counterpoint Research, said the competitive landscape of the global AI glasses market has remained basically unchanged, with Meta further consolidating its dominant position in the first half, accounting for about 94% of global shipments. In the screenless AI glasses segment, Meta and EssilorLuxottica adopted more aggressive expansion strategies, driving growth in North America, Western Europe, Latin America, India, and emerging markets in Asia-Pacific. Founder released a research report stating that AI glasses are currently more suitable for bottom-up stock picking rather than simply betting on the sector's overall beta. The bank believes the industry is still in the consumer adoption phase, and there is a time lag in the earnings realization of related companies. It recommends screening targets along two logic lines: the reconstruction of consumption scenarios and the implementation of vertical AI hardware, with focus on companies that have supply chain, channel, cost control, product strength, and execution capabilities, and that can translate these into revenue and shipment realization. Companies in the AI glasses-related industry chain: CONANT OPTICAL (02276): The company said that, combined with the fact that several major domestic customers' AR smart glasses projects have already entered mass production, the company's technical capabilities in the smart glasses field, especially in AR smart glasses optometry solutions, have been recognized by domestic and international technology companies and consumer electronics companies. Orient pointed out that CONANT OPTICAL has established business cooperation with a cumulative total of about 20 leading domestic and international smart glasses developers, and key projects of some domestic customers have entered mass production, with significant revenue and net profit contributions expected in 2026. In addition, through a controlled subsidiary, the company established a joint venture with Goertek Optical, and plans to participate in the financing of Rokid to deepen its layout in the XR lens industry chain. Lens Technology (06613): Market rumors say Meta will release the next-generation Ray-Ban AI glasses in September, and the product will add AR display functionality. According to people familiar with the matter, Lens Technology will exclusively supply three core components for this AI glasses model, and the relevant components are currently in production. SUNNY OPTICAL (02382): Sunny Smart Optics has technical layout and product solutions in AI glasses vision solutions, especially in the three major areas of scene interaction, information interaction, and imaging. The company has achieved full-stack XR vision solution coverage based on monocular, binocular, dTOF, and other technologies, and continues to advance R&D in high resolution, miniaturization, and variable aperture to meet the industry's demand for AI glasses functions such as SLAM, ultra-wide angle, ultra-telephoto, and eye tracking. AAC TECH (02018): According to AAC TECH's official WeChat account, AAC TECH's SRG (surface relief grating) diffractive optical waveguide lens products have successfully passed performance and reliability testing by multiple leading global end customers and reached mass production designation cooperation. Some projects have now entered the batch ramp-up delivery stage. According to customer demand forecasts, a window for large-scale mass production shipments will begin in the second half of 2026. QINGSONG HEALTH (02661): QINGSONG HEALTH officially released the world's first evidence-based medicine AI glasses system, "Zhengjing," at CES Asia. "Zhengjing" uses AI glasses as the first-person entry point and QINGSONG HEALTH's self-developed evidence-based medicine intelligent agent "Zheng Yuanfang" as its core capability, building a clinical assistance system for real medical scenarios such as consultations, ward rounds, mobile visits, multidisciplinary consultations, and follow-ups.