Movement Alert|Dongyue Group Rises 5.81% in Regular Trading, US and UK Extend HFCs Usage Period Boosting Refrigerant Demand Outlook

Market Focus
05/26

On May 26, Dongyue Group rose 5.81% in regular trading, trading at HK$15.0/share, with trading volume of HK$136 million. The rally was driven by favorable policy developments from both the US and UK regarding hydrofluorocarbons (HFCs).

On the news front, the US EPA formally signed and published a final rule substantially relaxing GWP limits across multiple core sub-sectors, effectively extending the legal usage lifespan of third-generation refrigerants in the US. Additionally, the UK Department for Environment, Food and Rural Affairs announced a postponement of its proposed fluorinated gas phase-down steps. Analysts noted that the overseas usage period extension provides stronger demand-side support for HFCs, and given that global HFC production capacity is predominantly concentrated in China with limited overseas supply, Chinese refrigerant producers are expected to benefit significantly.

Dongyue Group is a major fluorine-silicon chemical materials producer with operations spanning refrigerants including R22 and R142b. Domestically, third-generation refrigerant core products have surpassed RMB 60,000/ton as of April, while the company's 49,000-ton R32 expansion project is set to bring total R32 capacity to 120,000 tons upon completion.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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