Movement Alert|DONGYUE GROUP Rises 5.17% in Regular Trading, Huatai Maintains Buy Rating as Funds Flow Back After Post-Earnings Pullback

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On August 26, DONGYUE GROUP rose 5.17% in regular trading, trading at 13.36 HKD/share, with turnover of 2.36 billion HKD. The stock continued its rebound for a second consecutive session following a sharp profit-taking selloff on August 24.

On the news front, Huatai Securities issued a research report maintaining a Buy rating on the company, citing persistently tight third-generation refrigerant quotas, robust HFC maintenance demand supported by the large installed base of residential and automotive air conditioners, and gradually rising export prices. Huatai expects mainstream HFC product prices to remain elevated.

The company reported H1 results on August 20, with revenue of 8.06 billion yuan (+8% YoY), net profit attributable to shareholders of 1.027 billion yuan (+31.8% YoY), and gross margin expanding significantly from 29.11% to 37.18%. Key projects including R32 refrigerant capacity expansion of 49,000 tons/year were completed and commenced production during the period. After the stock surged over 5% on August 21 post-results, it experienced a 6.21% decline on August 24 as southbound funds took profits. The current rebound reflects technical recovery with capital re-entering positions.

(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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