Recently, the entire membrane material industry chain, from upstream metal powder raw materials to downstream precision manufacturing processes, has shown a positive trend of expansion and upgrading. Domestic enterprises have made significant progress in capacity layout and technical standardization in key material fields, laying a stronger foundation for the independent controllability and high-quality development of the industry.

1. Yanyan Powder Materials lays a solid foundation for MLCC, aiming at the recovery cycle with a production capacity of thousands of tons

At the very upstream of the MLCC (Multi-Layer Ceramic Capacitor) industry chain, the self-sufficiency capability in key materials is on the rise. In early March, Youyan Powder Materials (688456.SH) disclosed its latest progress in the field of MLCC key materials on the investor interaction platform. The company stated that its third-phase production capacity design in the electronic paste and nano-metal powder sector amounts to approximately 1,000 tons.

This production capacity layout comes at a crucial juncture for the industry. With the gradual recovery of downstream markets such as consumer electronics and automotive electronics, the components industry is ushering in a new recovery cycle. Yanyan Powder Materials has explicitly stated that it will seize this opportunity and expects a significant increase in order volume by 2026. As the core raw material for MLCC electrode paste, the stable supply of nano-metal powder is crucial for the domestic MLCC industry to reduce costs and ensure supply chain security. Yanyan Powder Materials' statement not only demonstrates its confidence in market recovery but also signifies that domestic MLCC material suppliers have the strength to undertake market demand on a large scale.

2. The formulation of industry standards for MLCC release film accelerates, with Jiemi Technology leading the way to break through the "invisible barriers"

In the core consumable field of MLCC manufacturing process, an industry standard aimed at regulating the market and enhancing domestic competitiveness is being accelerated. According to project information disclosed by an institution under the Ministry of Industry and Information Technology, the industry standard for "Optical Functional Film - Release Film for Chip Multilayer Ceramic Capacitor Manufacturing Process", jointly developed by Zhejiang Jiemei Electronic Technology Co., Ltd. and Hefei Lekai and other enterprises, has recently been proposed and entered into the formulation cycle-10.

This standard aims to establish a unified technical specification for MLCC process release films, covering key indicators such as apparent quality (e.g., bump control), thickness, roughness, thermal shrinkage, release force, and residual adhesion rate-10. For a long time, the global high-end MLCC release film market has been dominated by companies like Toray and Teijin of Japan, with domestic demand relying on imports. The establishment of this standard, on one hand, aims to change the current situation of uneven product quality in China. More importantly, it signifies that domestically produced release films have matured in technology and quality, gaining the capability to define industry standards. Leveraging its core technological advantages in release agent formulation, coating processes, and dust-free production, Jiemi Technology is expected to accelerate the import substitution process of domestically produced release films in global mainstream MLCC manufacturers such as Murata, Taiyo Yuden, Yageo, and Fenghua High-Tech through the guidance of this standard