Buy Or Sell Opportunity • Jun 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to CN¥74.87. The fair value is estimated to be CN¥93.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 193% in the next 2 years. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: CN¥0.73 (vs CN¥0.92 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.73 (down from CN¥0.92 in 1Q 2025). Revenue: CN¥792.5m (down 2.1% from 1Q 2025). Net income: CN¥50.3m (down 20% from 1Q 2025). Profit margin: 6.3% (down from 7.7% in 1Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Apr 30
MemoMind, New AI Hardware Brand Incubated by XGIMI, Opens Global Pre-Orders for MemoMind One, its First Everyday AI Glasses MemoMind, the new AI hardware brand incubated by XGIMI, announced the opening of global pre-orders for MemoMind One, its first AI glasses. MemoMind One is designed to look and feel like a regular pair of glasses, making it comfortable for all-day wear. With discreet displays, speakers, and microphones built into the frame, it provides hands-free access to helpful information without interrupting daily routines. By placing information directly within the user's field of view, MemoMind One offers a more natural way to interact with AI throughout the day. Key features include: Memo AI, an on-device AI assistant that provides real-time support throughout the day, including Q&A, live translation, navigation guidance and contextual assistance. An adaptive teleprompter feature helps users stay on pace while speaking or presenting. Idea Notes captures voice notes instantly and converts them into organized, searchable texts helping users preserve ideas and stay focused without interruptions. AI Recorder records meetings, lectures, and conversations, then generates structured summaries within seconds, making it easier to review key points and to-do lists. MemoMind One will be available in three frame styles - Nomad (Square-Round), Archive (Round), and Gotham (Square) - along with seven customizable color options. Each frame is designed for optimal comfort, fit, and durability, with prescription lens options available. MemoMind One will be available in two editions: The Standard Edition starts at $599, or $699 with prescription lenses. The Custom Edition starts at $749, or $849 with prescription lenses. By placing a $30 deposit, customers will receive early access to the Kickstarter campaign, preferred pricing, and exclusive items, including a pair of clip-on sunglass lenses and one year of premium MemoMind app membership. The deposit is risk-free and fully refundable after the campaign ends. Customers worldwide can reserve MemoMind One now at MemoMind.com. The Kickstarter campaign will launch on May 28, 2026, with first deliveries expected later this summer. 
