The Zhitong Finance App learned that Dongyue Group (00189) is now up nearly 4%. As of press release, it has risen 3.42% to HK$6.66, with a turnover of HK$30.385 million.

According to the news, Dongyue Group announced that its subsidiary Dongyue Silicon released its first quarter report, achieving revenue of 1,425 billion yuan, an increase of 1.6% over the previous year; net profit attributable to shareholders was 45.86 million yuan, compared with a loss of 69.45 million yuan in the same period last year, turning a loss into a profit.

It is worth noting that according to data from Zhuochuang Information, the average price of refrigerant R32 in the East China market in the first quarter was 2,2583 yuan/ton, up 5,791 yuan/ton from month to month, up 34%, or 61% year on year. CICC pointed out earlier that the prices of second-generation and third-generation refrigerants are expected to rise in resonance, and the company, as a leading refrigerant company, is expected to significantly benefit from the increase in refrigerant prices.