TIANLI HOLDINGS (00117) saw its share price jump more than 10% in Thursday trading, last up 10.77% at HK$3.60, with turnover reaching HK$26.5 million.

On the news front, MLCC industry leader Murata Manufacturing has officially issued a notice outlining plans to optimize its product lineup starting in fiscal 2026, which will involve discontinuing certain MLCC products while expanding capacity for others. The affected items span both consumer-grade general-purpose series and specific part numbers in the automotive-grade specification range.

Market analysts suggest the move is aimed at ending production of mature, low-margin part numbers to free up capacity for ramping up advanced, high-end product lines. Delivery times for Murata's high-value-added MLCCs have reportedly stretched sharply from the previous 8-10 weeks to the current 20-26 weeks.

On July 15 this year, TIANLI HOLDINGS announced plans to change its name to Yuyang Holdings (Group) Company Limited. The rebranding is intended to better align with the group's future business direction and to bolster the sustained growth of its multilayer ceramic capacitor (MLCC) operations, while strengthening the Yuyang brand's market position within the global supply chain.

Additionally, TIANLI HOLDINGS narrowed its first-half loss by 83% to RMB 5.744 million, while revenue grew 20.4% year over year. The MLCC business segment swung to profitability, posting a profit of approximately RMB 4.6 million, compared with a loss of RMB 16.9 million in the same period last year.