On August 7, DONGYUE GROUP rose 5.11% in regular trading, trading at HKD 13.77/share, with turnover of HKD 128 million.
On the news front, Q3 refrigerant long-term agreement prices exceeded market expectations, with analysts anticipating volume and price recovery in the second half. The sixth meeting of the Central Financial and Economic Commission emphasized curbing low-price disorderly competition and pushing out backward capacity, with refrigerants under the quota system seeing sequential price increases — widely cited as a model case of anti-involution reform in the chemicals sector.
As a leading producer of second- and third-generation refrigerants with dominant market share in core products including R22 and R32, DONGYUE GROUP possesses industry-level coordinated pricing power. The company previously issued a positive profit alert, forecasting H1 net profit growth exceeding 31% year-over-year, driven primarily by product price increases. Its non-wholly-owned subsidiary Dongyue Silicon Materials reported H1 net profit growth of approximately 905% to 952% year-over-year.
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