On September 9, CCTC rose 3.57% in regular trading, trading at 120.8 HKD/share, with turnover of approximately 2.8382 million HKD, extending its recent upward trend.
On the news front, Samsung Electro-Mechanics (SEMCO) previously announced a long-term MLCC supply agreement worth 1.0722 trillion KRW with a globally renowned tech enterprise for AI server applications — the largest single MLCC contract in its history. SEMCO has also taken the lead in raising Q4 quotations for OEM and ODM customers, marking the MLCC industry's formal entry into a price-hike cycle. As consumer-grade mid-to-high-capacity orders overflow to other manufacturers, utilization rates are rising across the supply chain.
As China's leading domestic MLCC producer, CCTC reported H1 revenue of RMB 6.423 billion, up 54.82% year-over-year, and net profit attributable to shareholders of RMB 1.932 billion, up 56.18% year-over-year. Brokerages including Kaiyuan Securities have maintained a Buy rating, noting that MLCC volume and pricing improvements, along with high-capacity expansion projects accelerating, position the company to benefit from both the industry-wide price recovery and order spillover effects.
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