On June 4, Dongyue Group rose 5.24% in regular trading, trading at 17.72 HKD/share, with trading volume of 342 million HKD, extending its recent strong momentum with year-to-date cumulative gains exceeding 60%.

On the news front, the UK and US have successively announced delays to their HFCs (third-generation refrigerant) quota reduction plans, slowing the overall pace of HFCs phase-out. This policy shift directly benefits Chinese refrigerant producers. The core logic is that global HFCs capacity is highly concentrated in China, where domestic production quotas stand at only 797,800 tonnes with near-zero supply growth. The extension of overseas demand, combined with sustained domestic refrigerant price increases, is fueling expectations of a global refrigerant restocking cycle.

Dongyue Group, as a leading fluorochemical enterprise, is well-positioned to benefit from this industry upcycle. Its R32 project under construction will bring total capacity to 120,000 tonnes upon full commissioning, giving the company significant quota advantages in the tightening supply landscape.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)