CONANT OPTICAL (02276) Surges Over 5% to Record High as Exclusive Lens Supplier for Quark AI Glasses Launching Nov 27

Stock News11-12

CONANT OPTICAL (02276) rose over 5% intraday, hitting a record high of HK$52.5. At press time, shares were up 3.82% at HK$51.7 with a turnover of HK$125 million.

The rally follows Quark AI Glasses' official announcement on its WeChat account that its product launch event is scheduled for November 27. Presale data shows strong performance for the Quark AI Glasses S1 during the "Double 11" shopping festival, topping sales charts in Tmall's smart glasses brand, store, and XR categories.

CONANT OPTICAL confirmed via its official account that it serves as the exclusive lens supplier for Quark AI Glasses, marking another milestone in domestic market expansion.

Zhongtai Securities highlights the company's leadership in resin lenses, with core advantages in pioneering high-refractive-index 1.74 lenses and an innovative C2M service model. The broker notes continuous margin improvement through product mix optimization and emphasizes CONANT's advanced lens manufacturing and C2M capabilities as key foundations for smart glasses lens business development, recommending close attention to the stock.

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