Goertek released an official announcement, revealing that its board of directors has given the green light to scrap the previously proposed plan of spinning off its subsidiary, Goer Micro, onto the main board of the Hong Kong Stock Exchange. This decision to terminate the spin-off comes in light of shifts in the external business landscape, as well as the individual development strategies of both Goertek and Goer Micro. Following the cancellation of the plan, Goer Micro will persist in broadening its business horizons, particularly in the fields of sensing interaction and semiconductors, while remaining under the umbrella of Goertek. Goertek emphasized that this strategic shift is unlikely to exert a substantial negative influence on the company's production processes, operational efficiency, or financial standing. Additionally, the company has pledged to refrain from initiating any significant asset restructuring activities within the one-month period following the announcement.