Recently, Chizhou Yunzhong Electronic Technology Co., LTD. (hereinafter referred to as "Chizhou Yunzhong"), a wholly-owned subsidiary of Suzhou Yunzhong Electronic Technology Co., LTD. (hereinafter referred to as "the Company"), has recently obtained the IATF 16949:2016 quality Management System certification certificate issued by the international authoritative certification body - DNV (Norwegian Classification Society).

IATF 16949 is a quality management system for automotive production parts and related service parts, which was issued by the International Automotive Task Force (IATF) and recognized by the International Organization for Standardization (ISO). The successful acquisition of the IATF 16949:2016 quality management system certification this time indicates that the company has reached international quality standards in the design, manufacture and customer service of multilayer ceramic capacitors.

As a major global automotive consumer market, China has accelerated the transformation of the global automotive industry towards electrification and intelligence, thereby driving up the market demand for automotive-grade multilayer ceramic capacitors (hereinafter referred to as "MLCC"). The company's recent acquisition of the IATF 16949:2016 quality management system certification marks that it has obtained the access pass to enter the domestic and international automotive industry supply chain, providing a more favorable guarantee for the expansion of the company's MLCC products in the automotive electronics field.

According to the "2025-2030 Global Multilayer Ceramic Capacitor (MLCC) Industry Research and Development Trend Forecast Report" released by the China Commerce Industry Research Institute, China is the world's largest MLCC consumer market, accounting for more than 40% of the global market size. The global MLCC market size was approximately 97.4 billion yuan in 2023. It is projected that the global MLCC market size will reach 104.2 billion yuan in 2024 and 112 billion yuan in 2025. Among them, automotive electronics is one of the main application fields of MLCC, accounting for 28% of the global market in 2023.

This time, Chizhou Yunzhong's acquisition of the IATF 16949 system certification is the result of Chizhou Yunzhong's unified goal, continuous efforts and continuous improvement, which is of great significance to Yunzhong Technology. On the one hand, the IATF 16949 standard is an important indicator to ensure product quality. By implementing this standard, Chizhou Yunzhong will win the trust of customers, meet their needs, and thereby enhance customer satisfaction. On the other hand, it can vigorously promote the application of the company's MLCC products in the automotive industry, and contribute to the growth of the company's performance in the context of the continuous and rapid development of global new energy vehicles.

In the future, Chizhou Yunzhong will take the IATF 16949 certification as a new starting point, continuously strengthen management details, constantly promote technological progress, comprehensively improve process requirements, provide customers with high-reliability MLCC series products, and contribute more to the use and development of passive components in the automotive industry.