CCTC (Three-Circle Group) saw its stock price soar 6.26% during intraday trading on Wednesday, extending its recent upward momentum in the market.

The sharp rise appears driven by a structural shortage in high-capacity multilayer ceramic capacitor (MLCC) products, with prices surging approximately 5% and supply becoming extremely tight. Industry analysts note that demand from AI computing infrastructure and new energy vehicles represents genuine end-user demand that is supporting price increases amid extended lead times and low inventories.

Additionally, CCTC has achieved significant technical breakthroughs in high-end MLCC manufacturing, reaching dielectric layer thickness of approximately 1 micrometer and stacking layers exceeding 1,000. These advancements establish a strong foundation for the company to penetrate high-growth applications including AI data centers and automotive electronics markets.