On June 15, Dongyue Group rose 6.65% in regular trading, trading at 18.1 HKD/share, with turnover of approximately 57.89 million HKD. The stock continued its upward momentum following a 10%+ surge earlier in the week.
On the news front, the consultation draft for the 2027 refrigerant quota policy was recently issued, with HCFCs and HFCs production and usage quotas remaining at the same level as 2026. The HFC-245fa quota conversion rules have been adjusted, with conversion from other products to HFC-245fa now capped at 50%, while HFC-245fa is prohibited from converting to other products. Benefiting from quota-controlled production and continued improvement in market supply-demand dynamics, average refrigerant prices are expected to see a recovery increase, with mainstream product market prices currently above Q2 long-term contract prices and Q3 contract prices expected to maintain an upward trend.
Dongyue Group is a leading producer of second and third-generation refrigerants, holding high market share in core products such as R22 and R32, with joint industry pricing power. Institutions have noted that third-generation refrigerants still have significant room for price increases over the long term, and the company is well-positioned to benefit. Refrigerant segment profits are also expected to fund ongoing R&D in high-end fluorine 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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