Changes in Hong Kong stocks | Tianli Holding Group (00117) rose more than 8%, the passive component MLCC circuit is very popular

The Zhitong Finance App learned that Tianli Holding Group (00117) rose more than 8%. As of press release, it had risen 8.22% to HK$3.16, with a turnover of HK$22.23,900.

According to recent media reports, the MLCC industry reported that in order to obtain sufficient materials, some customers did not hesitate to ask for goods from major passive component manufacturers such as Guoju and Murata Seisakusho at two or three times higher prices, creating an atmosphere where those with higher prices were grabbing materials, highlighting the continuing rise in the tight supply and demand for MLCC. According to Galaxy Securities, the MLCC circuit with passive components is very popular. MLCC leaders have slightly expanded production and stocking of ultra-high-capacity products, but it will take time to release production capacity. Demand for ultra-high-capacity MLCC products is strong, but the pattern of supply restrictions is difficult to ease in the short term.

In July of this year, Tianli Holding Group issued an announcement announcing its intention to change its name to “Yuyang Holdings (Group) Co., Ltd.” The purpose of this name change is to better match the Group's future business development direction and enhance the continued growth of the multilayer ceramic capacitor (MLCC) business and the market position of the Yuyang brand in the global industrial chain.