On June 16, Dongyue Group rose 6.42% in regular trading, trading at HKD 19.66/share, with turnover of HKD 423 million.
On the news front, the refrigerant market continues to tighten, driving prices sharply higher. As of June 12, R32 and R134a market average prices reached RMB 62,500/ton and RMB 59,727/ton respectively, representing year-over-year gains exceeding 30% and hitting near-decade highs. Multiple downstream demand drivers including cold chain logistics and rapid new energy vehicle adoption have created resonance in demand growth.
Additionally, the 2027 refrigerant quota policy consultation draft was recently released, with HCFCs and HFCs production quotas largely maintained at the same levels as 2026, reinforcing supply constraints. Dongyue Group, as a leading producer of second and third-generation refrigerants with high market share in core products such as R22 and R32, is positioned to benefit significantly. Institutions note the company possesses joint industry pricing power and see further upside in refrigerant pricing long-term, with profits expected to fund continued R&D in high-end fluoropolymer materials.
(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.)
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