In recent times, the stock market in China has witnessed a significant surge in shares related to AI glasses. This spike has been largely triggered by multiple companies unveiling new products in this technology sector. On December 18, the momentum continued unabated, with several stocks including Doctor Glasses, Runxin Technology, Mingyue Lenses, Zhuoyue Technology, Zhongguangxue, Yingtong Communications, and Biyi Co., all reaching their daily limit price increases. Other firms such as Hengxuan Technology, Jiahe Intelligent, Yuntian Lifai, Xingxing Technology, and Yutong Optical also experienced upward movement in their stock prices. The surge prompted listed companies to make official announcements about their ventures into AI glasses.

That same evening, numerous publicly traded companies filed disclosures regarding the unusual fluctuations in their stock prices, underscoring the associated investment risks. For instance, Zhuoyue Technology, which saw its stock price rise four times in six days, issued a statement clarifying that while the AI glasses concept has attracted significant market interest, their products are not currently applied in this specific area, nor have they secured contracts or orders related to AI eyewear. They acknowledged having the design and manufacturing capabilities for AR smart glasses but confirmed that no orders for such products had been signed, stating that the fluctuations in stock prices would not have an impact on their revenue. Additionally, Zhuoyue reported a net loss of 124 million yuan for the first three quarters of 2024.

Similarly, Runxin Technology released a statement regarding their stock's surge over six consecutive trading days, noting that the price change had deviated more than 100%. The company conducted internal reviews, phone inquiries, and on-site investigations to verify the status of themselves, their major shareholders, and actual controllers. They declared that there were no significant undisclosed matters that could impact the stock and warned investors that after the price increases, their stock might be due for a correction.

What is particularly intriguing is the focused attention from institutional investors on several A-share stocks related to AI glasses, including Doctor Glasses, Yidao Information, Yuntian Lifai, and Hengxuan Technology. During these investor communications, these companies disclosed advancements in their AI glasses initiatives. On December 17, Doctor Glasses revealed partnerships with brands such as Star Chaser Meizu, Thunderbird Innovations, XREAL, and Rokid, among others. They are committed to providing vision correction solutions for the consumer base interested in smart glasses, thus bridging what they referred to as the "last mile" in fitting services for these devices.

At the same time, Yidao Information discussed its subsidiary Yijing Virtual during recent institutional investigations. Founded in 2015, this subsidiary focuses on research and development of XR/AI wearable products. Over nine years, Yijing Virtual has established itself as a comprehensive provider of spatial computing products and solutions across AR, VR, and MR platforms. The company's current business in VR solutions is heavily focused on educational applications, offering VR equipment and AR glasses for teaching and training purposes. Remarkably, their self-developed VR headsets serve internationally renowned educational clients, highlighting the global collaboration in technology-driven education.

Several other listed companies have also actively engaged with investors through interactive platforms, offering insights about their developments in the AI glasses sector. Tianjian Shares noted on December 18 that their products are currently under development and testing, with shipments expected to commence in the first half of next year. Zhongke Chuangda also confirmed its research and technology in AI smart speakers and glasses, projecting ongoing innovation. In a similar vein, Fuhan Micro reported their collaboration with clients to release AI glasses chips by 2025, signaling a strong commitment to advancing this sector.

In addition to these corporate communications, Yuntian Lifai announced an upcoming product reveal scheduled for December 19, showcasing its AI shooting memory glasses that are expected to hit the market as one of the first mass-produced devices of its kind in the domestic arena. This follows recent financing obtained by Shanjij Technology, which has earmarked the funds for marketing and technological advancements related to their AI shooting glasses, indicating a robust investment in the future of AI-enabled devices.

The market's excitement doesn't stop here; several announcements have emerged from various tech giants launching their iterations of AI glasses. Notable developments include ByteDance revealing AI headphones along with standout AI toys, Baidu’s introduction of the Xiaodu AI glasses, Looktech’s debut in the smart glasses segment, and FIIL’s launch in AI headphones, all hinting at a broader trend towards integrating AI into wearable technology. Even major players like Samsung and Xiaomi plan to unveil pivotal AI smart glasses by 2025, reinforcing the momentum within this burgeoning market.

Star Chaser Meizu has been early to the smart glasses game, with CEO Su Jing noting significant growth in shipments of their mobile and eyewear products since August. The strategic approach taken here shows a keen awareness of market dynamics and consumer interest in interconnected devices that enhance user experience.

Reflecting on the industry's landscape, Huaxin Securities highlighted that the AI glasses market has yet to establish a strong competitive leader, with many entities actively developing and promoting their innovations in this space. The industry supply chain spans optics, displays, chips, sensors, and manufacturing, with several listed companies making strides into AI glasses across various stages of the supply chain. This activity has contributed to the formation of an evolving ecosystem that promises to reshape how consumers interact with technology.