股票频道更多独家策划、专家专栏，免费查阅>> 格隆汇12月15日丨昀冢科技(688260.SH)公布，结合公司控股子公司池州昀冢业务发展情况，为聚焦中 高端片式多层陶瓷电容器的研发及生产，池州昀冢拟进一步以增资扩股方式引入外部投资方。公司于 2025年12月14日召开第二届董事会第二十六次会议，审议通过了《关于控股子公司完成上一轮增资后以 新估值进一步增资扩股暨引入投资者的议案》，同意控股子公司池州昀冢完成上一轮增资后以新估值进 一步增资扩股并引入外部投资方，对标的公司按照8.5亿元的投前估值进行下一步增资，投资方以货币 方式合计增资2,000万元，增资完成后将取得池州昀冢共计2.30%的股权。其中，深圳市昀辉企业管理合 伙企业（有限合伙）拟出资1,500万元认缴注册资本645.7828万元，自然人李美欣拟出资500万元认缴注 册资本215.2609万元。新引入投资方增资资金来自其自有资金或自筹资金，增资款将用于MLCC业务发 展，进一步加速MLCC项目进程。 责任编辑：山上 ...

Core Viewpoint - Lihua Xing focuses on producing multilayer ceramic capacitors (MLCC), which are passive components widely used in various sectors including 3C, automotive electronics, 5G communications, medical devices, and renewable energy [1] Group 1: Product Focus - The main product of Lihua Xing is multilayer ceramic capacitors (MLCC) [1] - MLCCs are utilized in diverse applications such as 3C, automotive electronics, 5G communications, medical devices, and renewable energy [1] Group 2: Future Strategy - Lihua Xing will continue to adopt a differentiated strategy in product positioning [1] - The company aims to focus on developing high value-added medium and high voltage products, as well as high-frequency microwave products [1]

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司向X或其他公司供应的镍粉，有没有应用于 其生产的存储相关产品中的MLCC？ 博迁新材（605376.SH）11月17日在投资者互动平台表示，尊敬的投资者，您好！公司的镍粉产品主要 应用于片式多层陶瓷电容器（MLCC）的生产，并广泛应用到消费电子、汽车电子等其他领域，具体应 用方向及使用场景由下游客户根据自身需求确定。 （文章来源：每日经济新闻） ...

Core Viewpoint - Yunzhu Technology is progressing with the capital increase and share expansion of its subsidiary Chizhou Yunzhu Electronic Technology Co., Ltd., introducing external investors to enhance its electronic ceramic business and optimize its equity structure [1][2]. Group 1: Capital Increase and Share Structure - Chizhou Yunzhu's registered capital will increase from 345.358959 million to 365.943562 million yuan, with Yunzhu Technology's shareholding decreasing to 81.9799%, maintaining control over the subsidiary [1]. - The external investment includes 55 million yuan from Hu Yuan Green Energy No. 2 and 45 million yuan from Xuancheng Kaisheng Industrial Investment Development Co., Ltd., which has been approved and signed an investment agreement [1][2]. Group 2: Business Development and Market Potential - The capital increase aims to support the multilayer ceramic capacitor (MLCC) business, which is a rapidly growing segment with extensive application scenarios and market potential [2][3]. - Yunzhu Technology has made significant advancements in electronic ceramics, holding 67 related patents, including 28 invention applications and 39 utility model applications, with 41 patents granted [3]. Group 3: Strategic Importance - The entry of Xuancheng Kaisheng as an investor is seen as a strategic milestone for Yunzhu Technology, enhancing its ability to integrate resources across the industry and inject new momentum into its electronic ceramic business [2][3]. - The chairman of Yunzhu Technology emphasized that this investment will accelerate the development of the MLCC business and contribute significantly to regional economic growth [3].

Fundraising Plan - The company plans to raise a total of up to 875.70 million yuan through a private placement of A-shares, with the funds allocated to various projects including CMI component upgrades, DPC intelligent production line upgrades, MLCC production line upgrades, and working capital replenishment [1][2][23]. CMI Component Upgrade Project - The CMI component upgrade project has a total investment of 230 million yuan, with 190.80 million yuan sourced from the raised funds. The project aims to enhance automation, intelligence, and flexibility in production to meet the demands of next-generation CMI products and improve production efficiency [2][3][4]. - The project is expected to alleviate capacity bottlenecks as the current CMI production line is operating at full capacity, necessitating an expansion to meet existing and new customer demands [3][4]. - The upgrade will also enable the company to respond to the growing market for high-end smartphone components, particularly in the OIS and periscope lens markets, which are expected to penetrate the mid-range smartphone segment [5][6]. DPC Intelligent Production Line Upgrade Project - The DPC project has a planned investment of 180 million yuan, with 170.50 million yuan from the raised funds. It focuses on upgrading the production line to enhance automation and flexibility, thereby supporting the growth of ceramic products [8][9]. - The project aims to transition the company’s electronic ceramics towards high-value products, addressing the increasing demand in the market and enhancing overall business growth potential [9][10]. MLCC Production Line Upgrade Project - The MLCC project plans to invest 350 million yuan, with 254.40 million yuan from the raised funds. This project is crucial for increasing the production capacity and improving the quality of high-capacity MLCC products [14][15][21]. - The project aligns with national policies supporting the development of electronic components, aiming to reduce reliance on imports and enhance domestic supply capabilities [17][18]. - The global MLCC market is projected to grow significantly, driven by demand from sectors such as automotive electronics and 5G communications, providing a favorable environment for the project [19][20]. Working Capital and Debt Repayment - The company intends to use part of the raised funds to replenish working capital and repay bank loans, addressing the financial pressures arising from rapid business expansion [22][24]. - This financial strategy aims to optimize the capital structure, reduce the debt ratio, and enhance the company's risk resilience [22][24]. Overall Impact - The fundraising and associated projects are expected to strengthen the company's market position, enhance its competitive edge, and improve financial stability, ultimately benefiting shareholders [23][24].

Core Viewpoint - Suzhou Yunzhu Electronic Technology Co., Ltd. plans to increase capital and introduce external investors, including local state-owned assets, into its subsidiary Chizhou Yunzhu Electronic Technology Co., Ltd. The total investment is expected to be no more than 150 million yuan, which will be used to accelerate the development of the MLCC business [1][4][18]. Group 1: Capital Increase Overview - Chizhou Yunzhu, a subsidiary of the company, is focusing on the research and production of high-end multilayer ceramic capacitors (MLCC) [3][18]. - The pre-investment valuation of Chizhou Yunzhu is set at 700 million yuan, with an investment price of 2.1861 yuan per 1 yuan of registered capital [4][10]. - The total capital increase amount will not exceed 150 million yuan, with the investment from Xuancheng Huiyuan Green Energy No. 2 Equity Investment Partnership (Limited Partnership) being 55 million yuan [1][3][4]. Group 2: Shareholding Structure and Governance - After the capital increase, the new investors will hold up to 17.65% of Chizhou Yunzhu's shares, while the company will maintain control over the subsidiary [1][4][18]. - The board of directors of Chizhou Yunzhu will consist of five members, with the existing shareholders appointing four and the new investor appointing one [15]. Group 3: Use of Funds - The funds raised from the capital increase will be allocated to the development of the MLCC business, including the purchase of production equipment and working capital [14][18]. - The investment is aimed at optimizing the capital structure of Chizhou Yunzhu and enhancing its cash flow [18].