Movement Alert|DONGYUE GROUP Rises 5.59% in Regular Trading, Refrigerant Sector Remains Tight as Brokerages Issue Bullish Reports

Market Focus
Aug 12

On August 12, DONGYUE GROUP rose 5.59% in regular trading, trading at 13.65 HKD/share, with turnover of 232 million HKD.

On the news front, multiple brokerages recently released research reports on the fluorochemical industry, noting that refrigerant market conditions remain robust and a new upcycle is forming. Institutional estimates indicate that the domestic demand gap for R32 will continue to widen through 2028, with quota rigidity and low inventory levels leaving virtually zero supply elasticity. DONGYUE GROUP, as a leading producer of second- and third-generation refrigerants, holds high market share in core products including R22 and R32, while its PTFE fluoropolymer business is expected to benefit from AI computing material upgrade demand.

Supporting the broader positive outlook, the company previously issued a profit alert forecasting H1 net profit attributable to shareholders to grow over 31% year-on-year, driven by higher product prices. Its subsidiary Dongyue Silicone also projected H1 net profit growth of approximately 905% to 952%.

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