According to a research report published by Goldman Sachs, Ruisheng's revenue for the second half of 2023 and the full year is expected to increase by 9% and 4%, respectively. Among them, mobile phone lens shipments will grow at an accelerated pace compared to the first half of 2023, and the sales contribution of 6P lenses will be higher. For 2024, the bank predicts that the profitability of the optical business will increase, driven by product portfolio upgrades and scale expansion. Meanwhile, the diversified business of automotive solutions and smart phone articulation technology upgrades, and strict capital expenditure all support the company's cash flow strength. As a result, Goldman Sachs raised Ruisheng's target price from HK$29 to HK$30, with a “buy” rating.