According to a report published by J.P. Morgan Chase, supported by the transformation of the optical business and new structural drivers, believes that Ruisheng Technology's prospects for this year are positive and raised its target price of shares from HK$22 to HK$29, maintaining an “gain” rating. According to the bank, Ruisheng held an analyst meeting after announcing last year's results. The group is optimistic about this year's prospects, leading to revenue growth of 25% to 30% year-on-year, while gross margin can be higher than 20%. Motong believes this is better than market expectations, mainly due to drastic improvements in the Group's optical business, which is expected to turn a loss into a profit this year. Furthermore, Motong believes that Ruisheng's acquisition of PSS (currently holding 80% of the shares) will create a synergy effect to help it expand its acoustics business to the non-smartphone market. It believes this may bring more revenue and profit growth to Ruisheng in the next few years.