On August 28, CCTC rose 6.1% in regular trading, trading at HK$117.2/share, with turnover of HK$29.83 million.

On the news front, the company disclosed its H1 interim results after market close on August 27. Revenue reached RMB 6.423 billion, up 54.82% year-over-year; net profit attributable to shareholders was RMB 1.932 billion, up 56.18%; non-recurring adjusted net profit hit RMB 1.809 billion, surging 69.66% — significantly beating the prior consensus expectation of approximately RMB 3.023 billion in quarterly revenue (+30.53% YoY). The company attributed the outperformance to rising MLCC customer recognition and strong optical communication demand growth.

Notably, the MLCC industry has entered a price upcycle. Korean manufacturer SEMCO recently raised Q4 pricing for OEM/ODM clients, formally signaling an upward pricing cycle. As consumer-grade mid-to-high capacitance orders overflow to other suppliers, capacity utilization is rising, positioning domestic leaders like CCTC to benefit from sustained order spillover effects.

(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.)