HK Stock Market Move | CONANT OPTICAL (02276) rose over 4% intraday; the company deeply collaborates with Alibaba's Qwen and benefits from the rapid growth of the smart glasses industry.

CONANT OPTICAL (02276) rose over 4% intraday, up 3.52% as of press time, at HK$35.28, with a turnover of HK$50.2589 million. On the news front, Alibaba's Qwen recently officially launched three new Personal Agent hardware products: the Qwen AI Glasses N1, N1 Pro, and AI clip-on earphones. It is reported that as a core optical ecosystem partner of Alibaba's Qwen, CONANT OPTICAL deeply participated in the product iteration of the N1 and N1 Pro. At the same time, the company is the core supplier of plano and prescription lenses for this new product series, and is also the exclusive supplier of 1.74 high-refractive-index lenses, high-value colorful lenses, and smart photochromic lenses. Huatai pointed out that as domestic and overseas technology giants accelerate product iteration, the smart glasses industry is expected to enter a period of rapid growth, and the company, as a precision optics platform and industry chain supporting enterprise, is expected to continue benefiting. Huachuang Securities stated that as a globally leading resin lens manufacturer, the company's product and business structure optimization is driving a steady improvement in the profitability of its traditional core business.