Dongyue Group's stock price surged 7.38% during the pre-market session on Wednesday, driven by positive regulatory news from overseas markets concerning hydrofluorocarbons (HFCs).

The rally follows announcements from the US Environmental Protection Agency, which has relaxed Global Warming Potential limits for refrigerants, effectively extending the legal usage lifespan of HFCs. Concurrently, the UK Department for Environment, Food and Rural Affairs has postponed its proposed fluorinated gas phase-down steps. These policy shifts are expected to bolster overseas demand for HFCs.

As global HFC production capacity is heavily concentrated in China, domestic producers like Dongyue Group stand to benefit significantly. The company, a leading fluorochemical enterprise, is poised to capitalize on this demand with its substantial R32 production capacity and quota advantages in a market with limited supply growth.