Appotronics' performance is expected to increase in 2024, and its automotive optics business is growing rapidly

According to the performance forecast released by Appotronic, the company expects to achieve operating income of approximately RMB 2.418 billion in 2024, a year-on-year increase of approximately 9.26%. It is particularly worth mentioning that the automotive optics business achieved rapid growth in 2024, ensuring the quality and quantity of automotive products and achieving operating income of more than RMB 600 million. This marks the first time that the automotive optics business has contributed to revenue, accounting for 24.8% of the company's total revenue, reflecting the company's precise layout and technological advantages in innovative businesses.