The Zhitong Finance App learned that Dongyue Group (00189) rose more than 3%. As of press release, it had risen 2.73% to HK$10.93, with a turnover of HK$79.385 million.

According to the news, Dongyue Group released its non-wholly-owned subsidiary Shandong Dongyue Silicone Materials Co., Ltd.'s performance forecast for the first three quarters of 2026 last night. Dongyue Silicon expects to achieve net profit attributable to shareholders of listed companies of 547 million yuan to 567 million yuan in the first three quarters, an increase of more than 190 times over the previous year. Net profit for the same period last year was 2,856,700 yuan.

Referring to the reason for the sharp increase in performance, Dongyue Silicon said that in the first three quarters of 2026, prices of the company's main products rose due to improvements in the market environment and industry supply and demand pattern. In terms of raw materials, the purchase price of industrial silicon decreased year on year, the price of methanol and methylene chloride rose year on year, the overall unit production cost decreased, and the overall gross margin increased.

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