On August 5, CCTC rose 4.82% in regular trading, trading at HK$108.4/share, with turnover of HK$22.76 million.

The rally was driven by multiple catalysts. On the buyback front, the company repurchased 1.249 million A-shares on August 4 for approximately RMB 143 million, continuing its second tranche program targeting RMB 500 million to RMB 1 billion. The A-share listing surged 6.12% to close at RMB 120.98 the previous session, creating cross-market resonance.

On the industry side, Samsung Electro-Mechanics' approximately 30% MLCC price hike officially took effect on August 1, while Taiyo Yuden announced a follow-on increase from September 1. As a leading domestic MLCC manufacturer, CCTC stands to benefit directly from the volume-and-price uplift cycle driven by AI server demand and tightening supply.

Additionally, the company's H1 earnings guidance projects net profit growth of 45% to 65% year-over-year, with the next earnings report scheduled for August 28.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)