Changes in Hong Kong stocks | Sanhuan Group (06951) rose more than 5%, Samsung Electric wins MLCC super order, AI drives the upward trend in the industry

The Zhitong Finance App learned that Sanhuan Group (06951) rose by more than 5%. As of press release, it had risen 5.68% to HK$111.6, with a turnover of HK$32.264 million.

According to the news, following a 30% price increase on August 1, Samsung Electric signed an AI server MLCC contract of about 1.07 trillion won (about 5.3 billion yuan) for the AI server, setting a record single amount in history. It is worth noting that on August 1, Samsung Electric uniformly raised the shipping prices for a full range of MLCC products by 30%. Japan's major manufacturer Taiyo Yuden also adjusted prices for some MLCC products on September 1. The company admits that it is currently unable to meet all demand, making it difficult to complete delivery on time. Even with this price adjustment, it is still impossible to guarantee timely delivery.

In the first half of this year, Sanhuan Group achieved revenue of 6.423 billion yuan, an increase of 54.82% over the previous year; net profit to mother was 1,932 billion yuan, an increase of 56.18% over the previous year. The company's semi-annual report revealed that MLCC benefited from increased customer recognition and industry sentiment in the first half of the year. Prices of some specifications were restored to their original reasonable value, and sales volume and sales both achieved significant year-on-year growth. Meanwhile, the company's high-capacity MLCC production expansion project continued to accelerate, with an additional investment of 560 million yuan in the first half of the year.