双星新材：MLCC离型膜业务在2025年上半年取得显著增长

Core Viewpoint - The company has reported significant growth in its MLCC release film business, with sales volume increasing by 118.6% and sales revenue rising by 144.4% year-on-year in the first half of 2025 [1] Group 1: Business Performance - The MLCC release film business achieved a sales volume increase of 118.6% and a sales revenue increase of 144.4% year-on-year [1] - The company has established stable mass supply of general-purpose release films to well-known domestic clients such as Micro Capacitor Technology and Sanhuan Group [1] - The company is actively promoting validation and mass supply to international leading clients like Murata, Samsung, and Taiyo Yuden [1] Group 2: Product Development - The high-smooth release film has been successfully introduced to Micro Capacitor Technology, achieving import substitution and leading position domestically [1] - The company plans to launch ultra-high smooth release films to address bottlenecks in high-end MLCC manufacturing [1] - Multiple model base film products of MLCC release films are being sold to Japanese release film enterprises [1] Group 3: Competitive Advantage - The company leverages its integrated production system from optical-grade polyester chips, functional masterbatch, base films to coating and post-processing [1] - This integrated approach ensures stable supply and quality consistency of MLCC release films while effectively supporting customer customization needs and new product development [1] - Future market share and competitiveness of the company's MLCC release films are expected to further increase with the release of new production capacity and advancement in new product validation [1]