Conant Optical Unveils Qidong Base, Accelerates Smart Glasses Business
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Conant Optical (HK2276) saw its share price rise over 5% in morning trading on September 12, reaching 42.76 Hong Kong dollars with a turnover of 29.75 million Hong Kong dollars. The surge followed the unveiling ceremony of the company's Jiangsu Qidong production base, where its wholly-owned subsidiary, formerly Jiangsu Blueprint Glasses Co., Ltd., was officially renamed Jiangsu Conant Intelligent Technology Co., Ltd. The subsidiary has completed business registration changes and a strategic upgrade, and will now focus entirely on the new smart glasses business. The company stated that the Qidong base upgrade is a key step to strengthen its core manufacturing network and enhance high-end delivery capabilities. The base has already begun factory renovation work and is advancing XR Phase 2 and Phase 3 production line upgrades. A dedicated precision processing line for XR lenses is under construction, which will support product process validation and volume ramp-up, reinforcing the company's high-end product delivery capabilities.
Source report
Conant Optics (HK2276) saw its share price rise more than 5% during the morning trading session. As of the time of reporting, the stock was up 5.37%, trading at HKD 42.76, with a turnover of HKD 29.7542 million.
Corporate Update: Jiangsu Qidong Base Renamed and Repositioned
On September 12, Conant Optics held a plaque unveiling and ribbon-cutting ceremony at its Jiangsu Qidong production base. The company's wholly-owned subsidiary, formerly known as Jiangsu Lantu Glasses Co., Ltd., has been officially renamed Jiangsu Conant Intelligent Technology Co., Ltd. The subsidiary has simultaneously completed business registration changes and a strategic upgrade, and will now focus entirely on the new smart eyewear business.
Strategic Significance of the Base Upgrade
The upgrade of the Jiangsu base represents a key initiative by the company to:
- Strengthen its core manufacturing network
- Enhance high-end delivery capabilities
At present, the Qidong base has already initiated factory renovation work. In parallel, the company is advancing the Phase II and Phase III production line upgrade projects for XR (extended reality). The construction of dedicated precision processing lines for XR lenses is progressing steadily. These efforts will continue to support product process validation and volume production ramp-up, thereby reinforcing the company's capacity to deliver high-end products.
Source
智通财经Regional
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