LENS (06613) surged over 7% in morning trading. As of press time, the stock was up 7.25% to HK$27.78, with a trading volume of HK$519 million.

On the news front, corporate registry data showed on September 17 that LENS has established a wholly-owned subsidiary, Lens Optoelectronics Technology (Changsha) Co., Ltd. The subsidiary's core business covers optical instruments, virtual reality equipment, display devices, new optical materials, and eyewear manufacturing.

As a core module supplier for multiple leading global AI glasses clients and the exclusive assembler for Rokid, LENS has achieved comprehensive coverage from optical lenses and functional modules to complete assembly. The company's technological advantages are directly demonstrated in its collaboration projects. Public information shows that LENS provides exclusive complete assembly and core module supply for Rokid glasses, with light waveguide lenses incorporating customized coating technology.

According to research statistics from Wellsenn XR, China's AR sales reached 180,000 units in 2024, while overseas AR sales totaled 320,000 units. Global AR sales are projected to reach 650,000 units in 2025, representing a 30% year-over-year increase. The primary growth driver for AR glasses in 2025 is expected to come from light waveguide information display AI+AR glasses. By 2027, global AR sales are anticipated to exceed 1.5 million units.

Industry analysts believe that the current AR glasses market development primarily depends on further consumer penetration. With continuous advancement in light waveguide and micro-display technologies, AR glasses are expected to achieve ongoing weight reduction and cost optimization, enabling large-scale adoption in the consumer market.