On July 6, Dongyue Group fell 5.61% in regular trading, trading at HK$16.82 per share, with turnover of HK$443 million.

On the news front, the company's associate Future Materials withdrew its application for an IPO on Shanghai's STAR Market on June 30 due to changes in business development plans, with the Shanghai Stock Exchange having terminated its review process. Future Materials indicated it plans to resubmit a listing application at an appropriate time. Dongyue Group stated the withdrawal is not expected to have any adverse impact on its business operations or financial position.

Despite non-wholly-owned subsidiary Dongyue Silicon Materials forecasting H1 net profit of approximately RMB 4.24-4.44 billion, representing year-over-year growth of approximately 905% to 952%, the stock had previously accumulated nearly 90% in year-to-date gains. The stock already recorded a 4.30% decline in the prior trading session, reflecting significant short-term profit-taking pressure.

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