Huatai Securities: Maintains a "Buy" rating on Istone Innovation, officially entering the main track of handheld gimbal cameras.

Huatai Securities recently pointed out in a research report that Impression Innovation has recently released a new product, Luna Ultra, officially entering the handheld gimbal camera market. The product is equipped with dual Leica lenses, a detachable transmission remote control screen, and AI three-core architecture, enhancing image quality, control, and intelligent shooting experience. Compared to competitors, the company's new product focuses more on lowering the threshold for ordinary users to create, potentially forming differentiation in competition and opening up a second growth curve. At the same time, the company is partnering with GroupCore Technology to promote the extension of business boundaries from image devices to spatial intelligent basic solutions. It is believed that the hot sales of Luna Ultra's initial launch verify the willingness of users of professional portable imaging devices to pay, and in the future, with the gradual increase in the unit price of new products, the revenue structure is expected to expand towards high-value volume categories, maintaining a "buy" rating.