According to the Wise Financial APP, Dongyue Group (00189) is now up more than 5%, as of the time of publication, up 4.89%, at 6.65 Hong Kong dollars, with a turnover of 21.9856 million Hong Kong dollars.

On the news front, Dongyue Group announced that Dongyue Organosilicon's revenue in the first three quarters was 4.022 billion yuan, an 11.47% year-on-year increase; the net income attributable to shareholders of the listed company was 88.5902 million yuan, a 131.06% year-on-year increase. Looking at the third quarter alone, the company's main revenue for the quarter was 1.285 billion yuan, a 14.27% year-on-year increase; net profit attributable to the mother for the quarter was 23.373 million yuan, a 124.96% year-on-year increase.

Guosen Securities pointed out that the supply side will issue the refrigerant quota plan for 2025, the second-generation refrigerants are accelerating the reduction of performance, and the third-generation refrigerant R32 is expected to increase by 0.045 million tons year-on-year, with high concentration in varieties such as R22 and R32. On the demand side, factors such as the stimulus of the replacement policy, high temperatures in certain regions, inventory replenishment in Europe and the United States, and demand growth in emerging regions such as Southeast Asia are impacting the significant increase in domestic and overseas air conditioner production and scheduling. Second-generation refrigerants like R22 are in tight supply and demand due to rapid contraction in supply and support from the air conditioner maintenance market; while third-generation refrigerant R32 supply is expected to increase slightly year-on-year, demand is also growing rapidly, and a tight balance between supply and demand is expected to be maintained.