On October 27th, reports emerged that during its performance briefing on the previous day, Sinocera Material disclosed its strategic response to the burgeoning demand fueled by the intelligence advancements in new energy vehicles and the exponential growth in computing power for AI servers. The company is intensifying its efforts to expand capacity for automotive-grade and AI server MLCC (Multilayer Ceramic Chip Capacitor) powders, aiming to bolster its market presence. Presently, Sinocera Material maintains a high utilization rate for its traditional MLCC production lines, while the newly augmented high-end MLCC capacity is undergoing a phase of gradual ramp-up. Notably, these high-end products have successfully passed verification processes with select customers, paving the way for large-scale supply expected to commence in the fourth quarter. Furthermore, the company remains vigilant in tracking market trends and is proactively exploring avenues for incremental growth and potential price adjustments.