Qualifying for the tournament took place from 18 to 22 December 2023 at the Ponds Forge International Sports Centre in Sheffield, England.

The winner received the Brandon Parker Trophy[1] and £80,000 from a total prize fund of £427,000.

Ali Carter was the defending champion, having defeated Tom Ford 10‍–‍3 in the previous year's final,[2] but he lost 1‍–‍5 to Sam Craigie in the quarter-finals.

Qualifying for the tournament took place from 18 to 22 December 2023 at the Ponds Forge International Sports Centre in Sheffield, England, although matches featuring the top eight seeds were held over to be played in Berlin.

[4][5] The main stage of the event was broadcast by Eurosport and Discovery+ in Europe (including the United Kingdom and Ireland); Migu [zh], Huya and Lioaning TV in China; Now TV in Hong Kong; Astro SuperSport in Malaysia and Brunei; TrueVisions in Thailand; Sportcast in Taiwan; Premier Sports Network in the Philippines; Fastsports in Pakistan; and Matchroom.live in all other territories.

[6] Qualifying was broadcast by Discovery+ in Europe (including the United Kingdom and Ireland); Migu [zh] and Huya in China; and Matchroom.live in all other territories.

The breakdown of prize money for the event is shown below:[8] Qualifying for the tournament took place from 18 to 22 December 2023 at the Ponds Forge International Sports Centre in Sheffield, England.

[9] Yuan Sijun defeated Ding Junhui 5‍–‍2, despite being docked a frame after returning late from the mid-session interval.

Mark Davis also attempted a maximum break in the fifth frame against Ashley Hugill, but missed the 15th black; he won 5‍–‍2.

[14][5] World number one Ronnie O'Sullivan withdrew from the event for medical reasons, and was replaced by Barry Pinches.

The eighth seed Shaun Murphy lost 3‍–‍5 to Xu Si, who won five frames in a row, making a 131 break in the seventh.

The defending champion Ali Carter won a deciding frame against Michael White.

[5][16] The reigning World Champion Luca Brecel lost 2‍–‍5 to 100th seed Ishpreet Singh Chadha, who was competing in his first season as a professional.

[15] Sam Craigie defeated Pullen 5‍–‍2, making a 142 break during the match, the joint highest of the tournament.

Neil Robertson said after the match: "I need to get back to being brutal and burying opponents into the ground.

Thepchaiya Un-Nooh defeated Zhang Anda, making a 74 break in the deciding frame.

[4] The 77th seed He, competing in his first season on the tour, made centuries of 121 and 102 as he defeated two-time German Masters champion Mark Williams 5‍–‍1.

[21][22] Neil Robertson and Kyren Wilson defeated their respective opponents Perry and Lilley 5‍–‍1.

Higgins noted after the match that he had begun working with a sport psychologist after losing 5‍–‍6 to Allen at the 2024 Masters.

[31] Craigie, who contested the third ranking quarter-final of his career, produced breaks of 71, 65, 50, and 103 to lead the defending champion Carter 4‍–‍0 at the mid-session interval.

Wilson won the eighth after a lengthy safety battle, but Si took the ninth for a 6‍–‍3 victory.

[35][36] Si commented on his approach to his first ranking final: "It doesn't matter who I am playing, it's not going to change my shot selections.

[38][39] Commenting on the age difference between himself and his 21-year-old opponent in the final, Trump said: "It is strange for me playing someone that young.

"[40] The final was played on 4 February as the best of 19 frames, held over two sessions, between Trump and Si, with Tatiana Woollaston officiating.

[35] The scores were tied at 2‍–‍2 at the mid-session interval, but Trump won the next three frames with breaks of 51, 82, and 52 to lead 5‍–‍2.

Si won the eighth frame after a lengthy safety battle, reducing Trump's lead to 5‍–‍3 after the first session.

[4] Qualifying for the tournament took place from 18 to 22 December 2023 at the Ponds Forge International Sports Centre in Sheffield.

Matches involving the top eight seeds were held over to be played at the final venue.