Shares of Chinese MLCC makers rise on AI-driven demand

AI-summarized · Neutrality-checked

Shares of Chinese multilayer ceramic capacitor (MLCC) manufacturers Chaozhou Three-Circle Company (CCTC) and Guangdong Fenghua Advanced Technology rose on Friday following reports of strong first-half 2026 financial results. CCTC reported a 55 percent revenue increase to 6.4 billion yuan and a 56 percent profit jump, while Guangdong Fenghua recorded a 74 percent rise in net profit to 290.3 million yuan. The companies attributed these gains to improving market sentiment, recovering prices, and soaring demand linked to AI computing and automotive electronics.

Consequences

Both companies announced intentions to prioritize the development and mass production of high-end, ultra-high-capacitance products for the server and automotive sectors in the second half of 2026. This shift indicates a strategic move by these firms to capture growth within the high-end segments of the electronics market.

Sources

Know where. Know why.