Movement Alert|CCTC Rises 4.05% at Open, Second A-Share Buyback Progresses Amid MLCC Price Hike Effect and A-Share Surge Resonance

Market Focus
Aug 05

On August 5, CCTC rose 4.05% at open, trading at HK$108.0/share, with turnover of HK$6.9182 million.

On the news front, the company's second A-share buyback program continues to advance. On August 4, the company repurchased 1.249 million shares at a cost of approximately RMB 143 million, while its A-shares surged 6.12% to close at RMB 120.98 on the same day, creating cross-market resonance.

On the industry front, Samsung Electro-Mechanics' approximately 30% across-the-board MLCC price hike took effect on August 1, and Taiyo Yuden has also announced a follow-up price increase effective September 1. As a leading domestic MLCC producer, CCTC directly benefits from the industry's volume-and-price uplift. Additionally, the company previously disclosed its H1 earnings forecast projecting net profit growth of 45% to 65% year-over-year, providing clear fundamental support. The company completed its first buyback round of RMB 895 million and launched a second round of up to RMB 1 billion.

(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.)

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