Changes in Hong Kong stocks | Wan Yu Technology (00894) rose more than 20% before releasing energy storage LCC lithium carbon capacitors, AI wave boosts capacitor value

The Zhitong Finance App learned that Wan Yu Technology (00894) rose more than 20%. As of press release, it had risen 19.7% to HK$1.58, with a turnover of HK$11.082 million.

According to news, the core business of Wanyu Technology and its subsidiaries is the production and sale of high-tech electronic components, including aluminum electrolytic capacitors, conductive polymer aluminum solid state capacitors, and other innovative electronic components. It has well-known SAMXON® and X-CON® brands. Furthermore, in June of this year, Fuhua New Energy, a subsidiary of the company, released a new generation of LCC lithium-carbon capacitors (batteries) for energy storage. Everbright Securities believes that the AI wave is driving the value shift of capacitors from “basic components in the electronics industry” to “core computing power components”, compounding the market expansion brought about by automobile electrification, and the industry is expected to usher in a new round of growth cycle with sharp increases in volume and price.