Group 1 - The company, Dali Cap (301566.SZ), focuses on the research, development, production, and sales of capacitors, primarily RF microwave MLCC technology [1] - The SLCC products are mainly applied in military electronics and optical communication fields [1] - As of the third quarter of 2025, the revenue proportion of SLCC products is relatively low compared to the total operating income [1]

| 权益类证券大宗交易(协议交易) | | | | | | | 团 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 (万股/万份) | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | 2025-12-09 | 301566 | 达利凯普 | 19.00 | 100.00 | 1,900. 〔〔〕专用 | | 华泰证券股份有限 公司北京月坛南街 证券营业部 | 12月9日，达利凯普大宗交易成交100万股，成交额1900万元，占当日总成交额的4.71%，成交价19元， 较市场收盘价19.15元折价0.78%。 ...

Core Viewpoint - Dali Kape (301566.SZ) currently has no plans to adjust product prices despite rising costs in the MLCC industry [1][3]. Group 1: Company Information - Dali Kape has stated on its investor interaction platform that there are no current plans for product price adjustments [1]. - The company is being compared to leading firms in the MLCC industry, such as Fenghua Gaoke, which have issued price increase notices due to rising raw material costs [3]. Group 2: Industry Context - The MLCC industry is experiencing significant cost pressures due to a notable increase in the prices of upstream raw materials, particularly silver, which has risen by 50% this year [3]. - Other metals such as tin, copper, bismuth, and cobalt have also seen price increases, contributing to the overall cost burden on companies in the industry [3].

Core Viewpoint - Dali Kape (301566.SZ) has established a wholly-owned subsidiary, Kai Puzhongying (Jiaxing) Self-Funded Investment Co., Ltd., with a registered capital of 100 million RMB, which will be included in Dali Kape's consolidated financial statements [1][3]. Group 1: Company Structure and Operations - The newly established subsidiary will focus on investment activities using its own funds, without public deposit acceptance or direct public lending [2][3]. - Dali Kape holds 100% ownership of the new company, positioning it as a platform for self-funded investment operations in Jiaxing [2][3]. Group 2: Strategic Implications - The establishment of the investment company allows Dali Kape to manage its own funds within a compliant framework, enhancing capital efficiency through market-oriented operations [3]. - The new investment platform will enable Dali Kape to conduct equity and project investments aligned with its overall strategy, supporting business development and regional expansion [3].

| 权益类证券大宗交易(协议交易) | | | | | | | 团 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 (万股/万份) | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | 2025-12-03 | 301566 | 达利凯普 | 17.98 | 150.00 | 2,697. 机构专用 | | 华泰证券股份有限 公司北京月坛南街 证券营业部 | 12月3日，达利凯普大宗交易成交150万股，成交额2697万元，占当日总成交额的8.02%，成交价17.98 元，较市场收盘价18.14元折价0.88%。 ...

人民财讯12月3日电，企查查APP显示，近日，凯普众盈(嘉兴)自有资金投资有限公司成立，注册资本1 亿元，经营范围包含：以自有资金从事投资活动。企查查股权穿透显示，该公司由达利凯普（301566） 全资持股。 ...

Core Viewpoint - Dali Kape's products are primarily used in semiconductor RF power, military, medical, and communication industries, with a minor application in aerospace [2] Group 1 - The company focuses on semiconductor RF power applications [2] - Military and medical sectors are significant markets for the company's products [2] - Aerospace applications exist but currently represent a low proportion of overall business [2]

Core Viewpoint - Dali Kape (301566.SZ) focuses on the research, development, production, and sales of capacitors, primarily RF microwave MLCCs, with SLCC products having a relatively low contribution to total revenue as of Q3 2025 [1] Group 1 - The company specializes in RF microwave MLCC capacitor technology [1] - SLCC products are primarily used in military electronics and optical communication fields [1] - As of Q3 2025, SLCC products account for a low proportion of the company's total revenue [1]

Core Viewpoint - Dali Kepp (301566.SZ) has sufficient production capacity and maintains strong international market competitiveness in RF microwave MLCC products, with all production processes conducted domestically [1] Group 1: Production Capacity - The company currently has ample production capacity [1] - All production processes for RF microwave MLCC products are conducted domestically [1] Group 2: Product Quality and Cost - The company ensures product quality and cost efficiency, which enhances its competitiveness in the international market [1] Group 3: Market Position - Dali Kepp's products are exported to developed countries with advanced electronic component manufacturing technologies [1] - The company leverages its international market position to gain an advantage in domestic localization competition [1] - The company's localization advantages have been further strengthened [1]

Core Viewpoint - The report from Minsheng Securities highlights the cyclical recovery in the livestock industry, emphasizing the valuation shift for leading companies in the sector [1] Livestock Industry - The domestic livestock cycle is expected to reverse, with both domestic and international beef and raw milk markets likely to experience upward momentum [1] - Official capacity regulation in the pig industry is anticipated to accelerate cash flow improvements for leading enterprises, potentially transforming them into dividend stocks as industry capacity contracts [1] - In the poultry sector, limited supply fluctuations are expected, with market conditions likely to improve alongside demand recovery, allowing leading companies to achieve higher cash flow and dividend returns [1] Feed Industry - The deepening industrialization of livestock and poultry farming, along with clear industry segmentation, positions leading feed companies to further enhance their competitive advantages through technology and service [1] Pet Industry - The pet industry is identified as a scarce growth sector, expected to benefit from demographic changes [1] Investment Recommendations - Recommended livestock companies include: - For livestock: Youran Dairy, Modern Dairy, and China Shengmu [1] - For pigs: Huazhong Holdings, Dekang Agriculture, Muyuan Foods, Wens Foodstuff, Tiankang Biological, and Shennong Group [1] - For poultry: Lihua Stock, Yisheng Shares, and Shennong Development [1] - For feed: Haida Group [1] - For pets: Guibao Pet [1]