Changes in Hong Kong stocks | Tianli Holding Group (00117) once rose by more than 18%. MLCC's main production lines are full of price increases and may be concentrated in July-August

The Zhitong Finance App learned that Tianli Holding Group (00117) once rose by more than 18%. As of press release, it had risen 14.07% to HK$3.08, with a turnover of HK$207.373 million.

According to the news, AI is consuming a lot of MLCC. Research feedback shows that the current MLCC supply and demand pattern is tight. The production lines of the main companies are fully loaded, and the factory price has not been relaxed; as “shovels sellers”, there are plenty of orders from upstream material vendors. Some companies say that they have been locked in advance by customers to expand production lines 4 times the current production capacity, so there are no worries about sales in the next few years. CITIC Securities previously pointed out that in the context of continued tightening supply and demand in the industry, leading Korean and Taiwanese manufacturers are expected to take the lead, which in turn will drive most original manufacturers to launch MLCC price increases from July to August, and a wave of price increases in the industry may be imminent.

Earlier, on July 15, Tianli Holding Group announced 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. According to the 2025 annual report, the company's MLCC revenue last year was 639 million yuan, and gross margin increased to 21.2%.