AI眼鏡賽道資本狂歡：康耐特1.8億入股Rokid，產業鏈巨頭為何集體押注？

3月29日，港股上市公司康耐特光學（02276.HK）公告，擬以1.8億元人民幣參與國內AR+AI眼鏡獨角獸靈伴科技（Rokid）最新一輪融資，認購不超過5%普通股。此舉並非孤例，而是2026年以來智能眼鏡賽道資本熱潮的最新縮影。從產業龍頭到AI巨頭，一場圍繞下一代計算平台的「圈地運動」正加速展開。

康耐特光學成立於1996年，是全球樹脂鏡片龍頭，長期專注於光學眼鏡片製造。此次投資Rokid，標誌傳統光學巨頭從「幕後供應」走向「前台卡位」——既為搶佔AR眼鏡核心光學供應商地位，也藉深度綁定獲取真實需求、推動自身技術迭代。這並非孤立事件。2026年開年以來，Rokid已吸引藍思科技（精密製造）、商湯科技（AI算法）及康耐特光學等產業巨頭投資，融資總額突破20億元，並已完成股份制改造，為IPO鋪路。

Rokid深耕AR/AI領域超十年，產品線覆蓋消費級（Rokid Air、Max）與工業級應用，採用Birdbath+Micro OLED光學方案，國內消費級AR眼鏡穩居第一梯隊。通過引入產業資本，Rokid正構建從上游到下游的完整生態閉環。市場數據顯示，2025年全球智能眼鏡出貨量預計達1450萬台（年增40%），其中中國市場增速更快，2026年有望達450.8萬台（年增78%）。產業資本的密集布局，正是用真金白銀買入「第二曲線」入場券。

Capital Frenzy in AI Glasses: Conant Optical Invests RMB 180 Million in Rokid – Why Are Industry Giants Betting Big?
On March 29, Hong Kong-listed Conant Optical (02276.HK) announced it would invest RMB 180 million in the latest funding round of domestic AR+AI glasses unicorn Lingyan Technology (Rokid), acquiring no more than 5% of ordinary shares. This move is not isolated but the latest reflection of the capital surge in the smart glasses sector since early 2026. From industry leaders to AI giants, a “land grab” for the next-generation computing platform is accelerating.

Founded in 1996, Conant Optical is a global leader in resin lenses, primarily focused on optical lens manufacturing. This investment in Rokid marks a shift for traditional optical giants from “behind-the-scenes supplier” to “front-row player” – both to secure a core optical supplier position for AR glasses and to gain real-world demand insights through deep collaboration, driving its own tech iteration. This is not an isolated event. Since early 2026, Rokid has attracted strategic investments from Lens Technology (precision manufacturing), SenseTime (AI algorithms), and Conant Optical, with total financing exceeding RMB 2 billion. The company has completed a shareholding reform, paving the way for an IPO.

Rokid has over a decade of experience in AR/AI, with product lines covering consumer (Rokid Air, Max) and industrial applications, adopting a Birdbath+Micro OLED optical solution. It ranks among the top tier in China’s consumer AR glasses space. By bringing in industrial capital, Rokid is building a complete ecosystem loop from upstream to downstream. Market data shows global smart glasses shipments in 2025 are expected to reach 14.5 million units (up 40% YoY), with China growing faster – projected to hit 4.508 million units in 2026 (up 78% YoY). The dense deployment of industrial capital represents a genuine “second-curve” ticket.

Summary:
Conant Optical invests RMB 180M in Rokid, pairing a traditional lens giant with an AR unicorn. Industrial capital accelerates into the smart glasses track, betting on the next-generation computing platform.