Changes in Hong Kong stocks | Tianli Holding Group (00117) rose more than 5% in the afternoon, Murata discontinued production of some materials, and the supply of ordinary materials may be further strained

The Zhitong Finance App learned that Tianli Holding Group (00117) rose more than 5% in the afternoon. As of press release, it rose 3.84% to HK$3.515, with a turnover of HK$145.993 million.

According to the news, MLCC leader Murata Manufacturing issued a notice that it will discontinue production of some MLCC products and expand other production capacity. The scope of this discontinuation covers specific part numbers in the consumer-grade conventional series and automotive specification series. Murata aims to free up production capacity to fully expand the advanced high-end product line by discontinuing production of low gross profit or specific mature material numbers, that is, when production capacity is limited, priority is given to guaranteeing high added value products for AI servers with higher profit margins.

According to Huafu Securities, the number of MLCCs used by AI servers is more than 10 times that of ordinary servers and is required to be able to work continuously for 7 x 24 hours in a high temperature and high pressure environment; at the same time, AI on the supply side forms a “siphon effect”: the ratio of high-capacity MLCCs to ordinary MLCCs in production capacity consumption may reach 7:1, and the yield rate has declined. In the future, more common materials may be squeezed out during the conversion process, causing supply to become even more tight.