Goodix Technology anticipates its net profit to soar between RMB 550 million and RMB 640 million in 2024, marking a substantial year-on-year increase of 233% to 288%. This robust performance is attributed to the significant shipment volumes of new products, lower chip procurement costs, and effective cost optimization measures. As a result, the company's gross profit margin has witnessed an improvement, and there have been no notable asset impairments.