Changes in Hong Kong stocks | Tianli Holding Group (00117) rose more than 4%, Japan and South Korea's two major MLCC leaders announced price increases, and the company plans to change its name to Yuyang Holdings

The Zhitong Finance App learned that Tianli Holding Group (00117) rose more than 4%. As of press release, it had risen 4.25% to HK$2.21, with a turnover of HK$17.102,800.

According to the news, AI brought about a sharp rise in demand for high-end MLCCs, and the two major MLCC suppliers in Japan and South Korea began a new round of price increases. According to the Financial Services Association, citing South Korea's Chosun Ilbo, Samsung Electric recently issued a notice to sales partners. Starting August 1, the shipping price of MLCC products will be uniformly raised by 30% from the current level. Furthermore, Taiyo Yuden has issued an official notice announcing that the price of MLCCs shipped from September 1 will increase.

On July 15 this year, 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%.