CCTC (06951) saw its share price climb nearly 10% during Monday morning trading, with the stock up 9.70% at 122.20 Hong Kong dollars at the time of writing, reflecting a trading turnover of 98.98 million Hong Kong dollars.

The company released its interim results, reporting first-half revenue of 6.423 billion yuan, a year-on-year increase of 54.82%. Net profit attributable to shareholders reached 1.932 billion yuan, up 56.18% compared to the same period last year. Based on these figures, the company's second-quarter net profit stood at 1.141 billion yuan, representing a 44% sequential growth.

During the reporting period, demand for the company's core products continued to rise, driven by growth in the electronic components and optical communications sectors. In particular, the company's MLCC products benefited from enhanced customer recognition and improved industry sentiment. Prices for certain product specifications have recovered to their original reasonable value levels, leading to a substantial year-on-year increase in both sales volume and sales revenue.