On July 22, Guolan Hui | Swhy research pointed out that the profit growth rate of Sanhuan Group (300408.SZ) in the second quarter of 24Q2 accelerated and increased. The market recognition of the company's MLCC products continues to increase, and downstream application fields are becoming increasingly widespread, with a large year-on-year growth. 24Q2 performance exceeded SHW expectations. The company's future development plan: 1. Do a good job of the company's original main advanced materials and electronic components products, 2. Do a good job of MLCC products in the past three years, 3. Do a good job of new energy products (solid oxide fuel cells) in the future. The company has mastered the core technology of dry pressing, injection, casting, lithography, high-temperature co-firing technology with atmosphere protection, ceramic metalization, various forms of precision grinding technology and special equipment, precision mold design and production technology for small and high-precision products, and has mass production capacity for various categories of MLCC products with general, medium and large size, medium and high voltage, and special grades. The bank raised its profit forecast and maintained a "shareholding" rating.