881 lines
42 KiB
HTML
881 lines
42 KiB
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<title>玄玑健康感知系统 - 行业洞察与投资分析</title>
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<link rel="icon" type="image/png" href="data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 100 100'><text y='.9em' font-size='90'>⌚</text></svg>">
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<!-- Hero Section -->
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<div class="hero-bg py-12 md:py-16">
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<div class="container mx-auto px-4 hero-content">
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<div class="text-center">
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<div class="inline-flex items-center justify-center w-16 h-16 rounded-full bg-blue-100 mb-4">
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<i class="fas fa-heartbeat text-2xl text-blue-600"></i>
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</div>
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<h1 class="text-3xl md:text-4xl font-bold mb-4">华为玄玑健康感知系统</h1>
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<p class="text-lg md:text-xl text-gray-600 max-w-3xl mx-auto">
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从技术发布到产品落地，华为穿戴设备从"功能机"向"健康管家"升级的战略支点
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</p>
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</div>
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<!-- Main Content -->
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<div class="container mx-auto px-4 py-8">
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<!-- 概念事件 Timeline -->
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-history mr-3 text-blue-600"></i>
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概念事件
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</h2>
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<div class="relative pl-8">
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<div class="timeline-item relative pb-8">
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<div class="timeline-dot bg-blue-600"></div>
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<div class="timeline-line"></div>
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<div class="bg-blue-50 rounded-lg p-4">
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<div class="font-bold text-blue-800">2024-08-28</div>
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<p class="mt-2">华为运动健康正式发布<strong>玄玑感知系统</strong>（HUAWEI TruSense System），定位为智能穿戴设备的核心技术品牌，整合单点监测为多维感知，具备<strong>准确、全面、快速、灵活、开放、延展</strong>六大特性。</p>
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</div>
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</div>
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<div class="timeline-item relative pb-8">
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<div class="timeline-dot bg-green-600"></div>
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<div class="timeline-line"></div>
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<div class="bg-green-50 rounded-lg p-4">
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<div class="font-bold text-green-800">2024-09-24</div>
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<p class="mt-2">华为WATCH GT 5系列首发搭载玄玑感知系统，新增<strong>情绪健康助手</strong>功能，支持心率、血氧、呼吸率等60+项健康指标监测。</p>
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</div>
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</div>
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<div class="timeline-item relative pb-8">
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<div class="timeline-dot bg-purple-600"></div>
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<div class="timeline-line"></div>
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<div class="bg-purple-50 rounded-lg p-4">
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<div class="font-bold text-purple-800">2024-09-22</div>
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<p class="mt-2">华为发布全球首款<strong>手腕式动态血压监测设备</strong>（WATCH D2），同样搭载玄玑感知系统，实现医疗级血压监测。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="timeline-dot bg-yellow-600"></div>
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<div class="bg-yellow-50 rounded-lg p-4">
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<div class="font-bold text-yellow-800">产业链响应</div>
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<p class="mt-2">8月29日智能穿戴板块逆势活跃，<strong>奋达科技</strong>2连板，<strong>乐心医疗</strong>涨超10%，恒玄科技等芯片公司被明确列为供应链核心。</p>
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</div>
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</div>
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</div>
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</div>
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<!-- 核心观点摘要 -->
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<div class="card p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-lightbulb mr-3 text-yellow-500"></i>
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核心观点摘要
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
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<div class="bg-blue-50 rounded-lg p-5">
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<div class="text-blue-600 font-bold text-lg mb-2">阶段判断</div>
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<p>玄玑感知系统已从<strong>技术发布期</strong>进入<strong>产品落地期</strong>（GT5/D2上市），驱动华为穿戴设备<strong>从"功能机"向"健康管家"升级</strong>，成为华为生态的下一个十年核心。</p>
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</div>
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<div class="bg-green-50 rounded-lg p-5">
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<div class="text-green-600 font-bold text-lg mb-2">核心驱动力</div>
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<p><strong>医疗级监测能力下沉</strong>（血压/情绪监测）+ <strong>AI算法赋能</strong>（情绪助手）+ <strong>鸿蒙生态协同</strong>（数据开放），形成差异化壁垒。</p>
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</div>
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<div class="bg-purple-50 rounded-lg p-5">
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<div class="text-purple-600 font-bold text-lg mb-2">未来潜力</div>
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<p>短期看<strong>GT5销量验证</strong>（2024Q4），中期看<strong>医疗认证突破</strong>（血压/血糖），长期看<strong>健康数据平台化</strong>（B端医疗合作）。</p>
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</div>
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</div>
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</div>
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<!-- 核心逻辑与市场认知分析 -->
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<div class="card p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-chart-line mr-3 text-green-600"></i>
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核心逻辑与市场认知分析
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</h2>
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<div class="mb-6">
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<h3 class="text-xl font-semibold mb-4 text-blue-700">核心驱动力</h3>
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<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
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<div class="bg-white border border-gray-200 rounded-lg p-4">
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<div class="font-bold text-gray-800 mb-2 flex items-center">
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<i class="fas fa-microchip mr-2 text-blue-500"></i>技术突破
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</div>
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<ul class="list-disc pl-5 space-y-1">
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<li><strong>多维感知整合</strong>：将心率、血氧、血压等单点传感器融合为系统级方案，<strong>误差率<5%</strong>（华为实验室数据）</li>
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<li><strong>AI算法升级</strong>：通过心率变异性（HRV）分析情绪状态，<strong>准确率超80%</strong>（路演中提及）</li>
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</ul>
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</div>
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<div class="bg-white border border-gray-200 rounded-lg p-4">
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<div class="font-bold text-gray-800 mb-2 flex items-center">
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<i class="fas fa-users mr-2 text-green-500"></i>需求爆发
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</div>
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<ul class="list-disc pl-5 space-y-1">
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<li><strong>全球腕戴设备市场</strong>2024年预计出货<strong>1.94亿台</strong>（IDC），华为份额<strong>9%</strong>（全球第三）</li>
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<li>玄玑系统有望推动<strong>ASP提升30%+</strong>（研报预测）</li>
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</ul>
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</div>
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</div>
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<div class="bg-white border border-gray-200 rounded-lg p-4 mt-4">
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<div class="font-bold text-gray-800 mb-2 flex items-center">
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<i class="fas fa-landmark mr-2 text-purple-500"></i>政策催化
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</div>
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<p>中国药监局2024年6月放宽<strong>可穿戴医疗设备认证</strong>，血压/血糖监测功能可豁免临床试验（政策文件）</p>
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</div>
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</div>
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<div class="mb-6">
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<h3 class="text-xl font-semibold mb-4 text-green-700">市场热度与情绪</h3>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
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<div class="bg-gradient-to-r from-blue-50 to-blue-100 rounded-lg p-4">
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<div class="font-bold text-blue-800 mb-2">新闻热度</div>
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<p>8月28日发布后，百度指数"玄玑"关键词<strong>7日环比+450%</strong>，微博话题阅读量<strong>1.2亿</strong></p>
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</div>
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<div class="bg-gradient-to-r from-green-50 to-green-100 rounded-lg p-4">
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<div class="font-bold text-green-800 mb-2">研报密集度</div>
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<p>9月1-3日<strong>5家券商</strong>发布深度报告，一致给予<strong>"买入"</strong>评级（恒玄科技、乐心医疗）</p>
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</div>
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<div class="bg-gradient-to-r from-yellow-50 to-yellow-100 rounded-lg p-4">
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<div class="font-bold text-yellow-800 mb-2">情绪分歧</div>
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<p>部分投资者质疑<strong>医疗级数据准确性</strong>（路演中提及需FDA/NMPA认证），但机构认为<strong>消费级先行</strong>可快速放量</p>
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</div>
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</div>
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</div>
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<div>
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<h3 class="text-xl font-semibold mb-4 text-purple-700">预期差分析</h3>
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<div class="overflow-x-auto">
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<table class="min-w-full bg-white border border-gray-200 rounded-lg">
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<thead>
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<tr class="bg-gray-100">
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">市场预期</th>
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">实际进展</th>
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">预期差</th>
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</tr>
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</thead>
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<tbody>
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<tr class="border-b">
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<td class="py-3 px-4">玄玑仅用于高端GT5 Pro</td>
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<td class="py-3 px-4"><strong>GT5全系标配</strong>（含标准版）</td>
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<td class="py-3 px-4"><span class="tag bg-green-100 text-green-800">下沉速度超预期</span></td>
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</tr>
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<tr class="border-b">
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<td class="py-3 px-4">血压监测需外接设备</td>
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<td class="py-3 px-4"><strong>WATCH D2实现手腕式动态监测</strong></td>
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<td class="py-3 px-4"><span class="tag bg-green-100 text-green-800">医疗级集成能力被低估</span></td>
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</tr>
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<tr>
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<td class="py-3 px-4">恒玄科技仅为协处理器供应商</td>
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<td class="py-3 px-4"><strong>已切入GT5主控芯片</strong>（路演确认）</td>
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<td class="py-3 px-4"><span class="tag bg-green-100 text-green-800">国产替代逻辑强化</span></td>
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</tr>
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</tbody>
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</table>
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</div>
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</div>
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</div>
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<!-- 关键催化剂与未来发展路径 -->
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<div class="card p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-rocket mr-3 text-indigo-600"></i>
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关键催化剂与未来发展路径
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</h2>
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<div class="mb-6">
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<h3 class="text-xl font-semibold mb-4 text-indigo-700">近期催化剂（3-6个月）</h3>
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<div class="space-y-3">
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<div class="flex items-start">
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<div class="flex-shrink-0 mt-1">
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<div class="w-8 h-8 rounded-full bg-indigo-100 flex items-center justify-center">
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<span class="text-indigo-600 font-bold">1</span>
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</div>
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</div>
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<div class="ml-3">
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<h4 class="font-semibold text-gray-800">GT5系列销量数据</h4>
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<p class="text-gray-600">2024Q4华为财报披露<strong>首月销量</strong>（若超200万台将验证需求）</p>
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</div>
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</div>
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<div class="flex items-start">
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<div class="flex-shrink-0 mt-1">
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<div class="w-8 h-8 rounded-full bg-indigo-100 flex items-center justify-center">
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<span class="text-indigo-600 font-bold">2</span>
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</div>
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</div>
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<div class="ml-3">
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<h4 class="font-semibold text-gray-800">医疗认证进展</h4>
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<p class="text-gray-600">WATCH D2的<strong>NMPA二类医疗器械证</strong>获批（预计2024Q4）</p>
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</div>
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</div>
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<div class="flex items-start">
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<div class="flex-shrink-0 mt-1">
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<div class="w-8 h-8 rounded-full bg-indigo-100 flex items-center justify-center">
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<span class="text-indigo-600 font-bold">3</span>
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</div>
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</div>
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<div class="ml-3">
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<h4 class="font-semibold text-gray-800">鸿蒙NEXT公测</h4>
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<p class="text-gray-600">10月8日公测，玄玑数据将<strong>开放给第三方App</strong>（如平安好医生）</p>
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</div>
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</div>
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</div>
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</div>
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<div>
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<h3 class="text-xl font-semibold mb-4 text-purple-700">长期发展路径</h3>
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<div class="bg-gradient-to-r from-purple-50 to-indigo-50 rounded-lg p-5">
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<div class="mb-4">
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<div class="font-bold text-purple-800 mb-2">2025-2026</div>
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<ul class="list-disc pl-5 space-y-1">
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<li><strong>血糖监测</strong>技术突破（华为已申请无创血糖专利）</li>
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<li><strong>B端合作</strong>：与保险/医院共建<strong>健康管理SaaS</strong>（类似Apple Health Records）</li>
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||
</ul>
|
||
</div>
|
||
<div>
|
||
<div class="font-bold text-purple-800 mb-2">2027+</div>
|
||
<ul class="list-disc pl-5 space-y-1">
|
||
<li><strong>健康数据平台化</strong>：玄玑成为<strong>鸿蒙生态健康数据入口</strong>，向第三方设备授权</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链与核心公司深度剖析 -->
|
||
<div class="card p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-project-diagram mr-3 text-teal-600"></i>
|
||
产业链与核心公司深度剖析
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold mb-4 text-teal-700">产业链图谱</h3>
|
||
<div class="mermaid">
|
||
<pre class="text-sm">
|
||
graph TD
|
||
A[玄玑感知系统] --> B[上游传感器]
|
||
A --> C[中游芯片/模组]
|
||
A --> D[下游终端/服务]
|
||
B --> B1(汇顶科技 GH3220 IC)
|
||
B --> B2(敏芯股份 MEMS传感器)
|
||
C --> C1(恒玄科技 主控SoC)
|
||
C --> C2(乐鑫科技 WiFi模组)
|
||
D --> D1(华为 GT5/D2)
|
||
D --> D2(乐心医疗 医疗级手环)
|
||
</pre>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-teal-700">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">公司</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">角色</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">竞争优势</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">恒玄科技</td>
|
||
<td class="py-3 px-4">主控芯片</td>
|
||
<td class="py-3 px-4"><strong>GT5主控芯片独家供应</strong>（路演确认）</td>
|
||
<td class="py-3 px-4">高通竞争加剧（Wear 5100）</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">汇顶科技</td>
|
||
<td class="py-3 px-4">健康监测IC</td>
|
||
<td class="py-3 px-4"><strong>GH3220已用于Watch 4 Pro</strong></td>
|
||
<td class="py-3 px-4">技术迭代慢于预期</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">乐心医疗</td>
|
||
<td class="py-3 px-4">医疗级产品</td>
|
||
<td class="py-3 px-4"><strong>与华为体脂秤深度合作</strong></td>
|
||
<td class="py-3 px-4">消费级市场竞争激烈</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-semibold">敏芯股份</td>
|
||
<td class="py-3 px-4">MEMS传感器</td>
|
||
<td class="py-3 px-4"><strong>玄玑传感器核心供应商</strong>（中银电子）</td>
|
||
<td class="py-3 px-4">客户集中度风险</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6">
|
||
<h3 class="text-xl font-semibold mb-4 text-teal-700">验证与证伪</h3>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-blue-50 rounded-lg p-4">
|
||
<div class="font-bold text-blue-800 mb-2">恒玄科技</div>
|
||
<p>2024H1手表芯片收入占比<strong>28%</strong>（路演数据），但研报预测2025年将达<strong>30%+</strong>，需跟踪<strong>华为订单增速</strong>。</p>
|
||
</div>
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<div class="font-bold text-purple-800 mb-2">乐心医疗</div>
|
||
<p>智能戒指项目处于<strong>评审阶段</strong>（路演），若2024Q4未量产则证伪其"医疗级"逻辑。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="card p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-exclamation-triangle mr-3 text-red-600"></i>
|
||
潜在风险与挑战
|
||
</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">风险类型</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">具体表现</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold text-red-700">技术风险</td>
|
||
<td class="py-3 px-4">无创血糖监测<strong>准确率未达医疗级</strong>（需临床验证）</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold text-yellow-700">商业化风险</td>
|
||
<td class="py-3 px-4"><strong>血压监测功能</strong>可能因<strong>医疗认证延迟</strong>无法上市（参考Apple Watch Series 9）</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold text-purple-700">政策风险</td>
|
||
<td class="py-3 px-4">中国药监局收紧<strong>可穿戴医疗设备审批</strong>（2024年新规）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-semibold text-blue-700">信息矛盾</td>
|
||
<td class="py-3 px-4">部分研报称玄玑支持<strong>60+指标</strong>，但GT5仅官宣<strong>11项</strong>（需核实功能差异）</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="card p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-trophy mr-3 text-yellow-600"></i>
|
||
综合结论与投资启示
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<div class="bg-gradient-to-r from-yellow-50 to-amber-50 rounded-lg p-5">
|
||
<div class="font-bold text-yellow-800 text-lg mb-3">阶段判断</div>
|
||
<p>玄玑感知系统处于<strong>"技术验证→商业放量"</strong>过渡期，<strong>2024Q4销量数据</strong>是核心验证点。</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold mb-4 text-green-700">投资方向</h3>
|
||
<div class="space-y-4">
|
||
<div class="bg-white border border-green-200 rounded-lg p-4">
|
||
<div class="font-bold text-green-800 mb-2">1. 芯片环节</div>
|
||
<p><strong>恒玄科技</strong>（主控芯片）+ <strong>汇顶科技</strong>（健康IC），受益于<strong>ASP提升</strong>（GT5芯片单价<strong>$5→$8</strong>）</p>
|
||
</div>
|
||
<div class="bg-white border border-blue-200 rounded-lg p-4">
|
||
<div class="font-bold text-blue-800 mb-2">2. 医疗级产品</div>
|
||
<p><strong>乐心医疗</strong>（血压手环）若获NMPA认证，<strong>估值弹性最大</strong></p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-purple-700">跟踪指标</h3>
|
||
<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<div class="font-bold text-purple-800 mb-2">GT5首月销量</div>
|
||
<p>华为商城预售数据</p>
|
||
</div>
|
||
<div class="bg-indigo-50 rounded-lg p-4">
|
||
<div class="font-bold text-indigo-800 mb-2">WATCH D2医疗认证进度</div>
|
||
<p>NMPA官网公示</p>
|
||
</div>
|
||
<div class="bg-blue-50 rounded-lg p-4">
|
||
<div class="font-bold text-blue-800 mb-2">恒玄科技2024Q3手表芯片收入占比</div>
|
||
<p>需≥30%验证逻辑</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6 bg-gradient-to-r from-blue-50 to-indigo-50 rounded-lg p-5">
|
||
<div class="font-bold text-blue-800 text-lg mb-2">结论</div>
|
||
<p>玄玑感知系统不是主题炒作，而是<strong>华为穿戴生态的战略支点</strong>，短期看<strong>GT5销量</strong>，长期看<strong>健康数据平台化</strong>。建议<strong>优先布局芯片龙头+医疗认证稀缺标的</strong>。</p>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据 -->
|
||
<div class="card p-6">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-table mr-3 text-indigo-600"></i>
|
||
关联股票数据
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold mb-4 text-blue-700">智能穿戴(240829)</h3>
|
||
<div class="table-container">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">股票</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">行业</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">分类</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">原因</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">乐心医疗</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-red-100 text-red-800">医疗级</span>
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">九安医疗</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-red-100 text-red-800">医疗级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">奋达科技</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">卓翼科技</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">光弘科技</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">长信科技</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">恒玄科技</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
<span class="tag bg-purple-100 text-purple-800">芯片</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">道明光学</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">智动力</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">春兴精工</td>
|
||
<td class="py-3 px-4">智能手表/腕带</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-green-100 text-green-800">消费级</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">共进股份</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">天键股份</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指, 智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">倍轻松</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">佳禾智能</td>
|
||
<td class="py-3 px-4">智能手表/腕带, 智能戒指, 智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-blue-100 text-blue-800">产品</span>
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">芯海科技</td>
|
||
<td class="py-3 px-4">智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-purple-100 text-purple-800">芯片</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">亿通科技</td>
|
||
<td class="py-3 px-4">智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-purple-100 text-purple-800">芯片</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">统联精密</td>
|
||
<td class="py-3 px-4">智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-gray-100 text-gray-800">部件</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">国光电器</td>
|
||
<td class="py-3 px-4">智能戒指</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-gray-100 text-gray-800">部件</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">立讯精密</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">歌尔股份</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">朝阳科技</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">华勤技术</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">瀛通通讯</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">安克创新</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-semibold">漫步者</td>
|
||
<td class="py-3 px-4">智能耳机</td>
|
||
<td class="py-3 px-4">
|
||
<span class="tag bg-yellow-100 text-yellow-800">代工/品牌</span>
|
||
</td>
|
||
<td class="py-3 px-4">-</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-4 text-green-700">消费电子-玄玑感知系统(240829)</h3>
|
||
<div class="table-container">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">股票</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">项目/产品</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">客户/合作</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">研发进展</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">原因</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">奋达科技</td>
|
||
<td class="py-3 px-4">智能手环、智能手表、心率腕带、血压手环</td>
|
||
<td class="py-3 px-4">Philips、Keep、华为</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司围绕运动识别及心率、血氧、血压等生命体征连续检测核心技术，主要产品形态为智能手环、手表等，主要客户包括Philips、Keep、华为等</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">乐心医疗</td>
|
||
<td class="py-3 px-4">智能穿戴手环、手表（具备血氧饱和监测功能）</td>
|
||
<td class="py-3 px-4">华为（智能体脂秤项目深度合作）</td>
|
||
<td class="py-3 px-4">智能戒指项目处于评审阶段，具备医疗级血氧检测功能</td>
|
||
<td class="py-3 px-4">公司量产的智能可穿戴手环、手表具备血氧监测功能，与华为在智能体脂秤项目深度合作，智能戒指项目处于评审阶段</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">长信科技</td>
|
||
<td class="py-3 px-4">手机、可穿戴、NB和PAD中高端显示模组</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司为H客户提供中高端显示模组产品</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">智动力</td>
|
||
<td class="py-3 px-4">智能手表心率盖板、表壳、表带等电子结构件</td>
|
||
<td class="py-3 px-4">三星、华为等手机品牌</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司生产的穿戴组件应用于三星、华为等品牌智能手表</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">道明光学</td>
|
||
<td class="py-3 px-4">石墨烯散热膜</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司石墨烯散热膜已应用于华为watch4系列手表</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">佳禾智能</td>
|
||
<td class="py-3 px-4">智能手表、手环、智能眼镜、AR产品</td>
|
||
<td class="py-3 px-4">华为（曾为前五大客户）</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司智能穿戴设备包括智能手表、手环等，2021年华为为前五大客户之一</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">卓翼科技</td>
|
||
<td class="py-3 px-4">路由器、5G CPE、智能摄像头、移动电源、智能手表、TWS耳机、全屋智能</td>
|
||
<td class="py-3 px-4">华为（重要战略合作伙伴）</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">2020年公告华为是公司重要战略合作伙伴，产品覆盖智能穿戴及智能家居</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">春兴精工</td>
|
||
<td class="py-3 px-4">深圳凯茂（玻璃盖板业务）</td>
|
||
<td class="py-3 px-4">深圳博泰易通（销售无线路由器、华为智能手表和手环）</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">子公司深圳凯茂专注于智能穿戴玻璃盖板领域，与深圳博泰易通合作销售华为相关产品</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">快克智能</td>
|
||
<td class="py-3 px-4">精密热压焊/激光焊接/焊点AOI</td>
|
||
<td class="py-3 px-4">华勤、龙旗、铵福瑞（华为CM厂）</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司工艺装备应用于华为智能穿戴设备，主要装机在华为合作的CM厂</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">国星光电</td>
|
||
<td class="py-3 px-4">健康感测器件（发射器与接收器）</td>
|
||
<td class="py-3 px-4">2022年5月与华为签订《全面合作协议》</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司健康感测器件已量产，为华为提供心率和血氧计算信号源</td>
|
||
</tr>
|
||
<tr class="border-b">
|
||
<td class="py-3 px-4 font-semibold">光弘科技</td>
|
||
<td class="py-3 px-4">智能穿戴类产品代工</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">智能穿戴类产品是公司业务重要组成部分，涵盖手环、手表、眼镜等品类</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-semibold">恒玄科技</td>
|
||
<td class="py-3 px-4">智能可穿戴和智能家居主控芯片</td>
|
||
<td class="py-3 px-4">三星、华为</td>
|
||
<td class="py-3 px-4">-</td>
|
||
<td class="py-3 px-4">公司芯片广泛应用于智能穿戴和家居产品，已进入三星、华为等主流手机品牌供应链</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Footer -->
|
||
<div class="bg-gray-800 text-white py-8 mt-12">
|
||
<div class="container mx-auto px-4 text-center">
|
||
<p>© 2024 玄玑健康感知系统分析报告 | 数据来源：公开市场信息</p>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- JavaScript -->
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<script src="https://cdn.jsdelivr.net/npm/@tailwindcss/browser@4"></script>
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<script src="https://cdn.jsdelivr.net/npm/mermaid@10/dist/mermaid.min.js"></script>
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