Specialty Chemicals

Nissan Chemical Corporation has approved the establishment of Nissan Chemical Semiconductor materials Zhangjiagang Co., Ltd. in Zhangjiagang City, Jiangsu Province, China, to manufacture and sell anti-reflective coatings and multilayer materials for semiconductors. The new subsidiary carries registered capital of RMB 210 million, or approximately ¥5.00 billion, with initial funding set for October 15, 2026. The move deepens Nissan Chemical's presence in China's semiconductor supply chain by placing production closer to key local customers and demand centers. The roughly ¥5.00 billion capacity build is a focused addition that supports existing guidance rather than reshaping it in the near term, though it tilts the risk mix toward China-specific factors such as local competition and policy or supply chain disruptions. The company's investment case continues to rest on turning specialty chemicals expertise into steady earnings and disciplined shareholder returns, supported by high returns on equity and an active dividend and buyback program.

Huate Gas said at its 2026 semi-annual results briefing on October 8 that the number of products for which it has achieved import substitution has increased from 22 at the time of its IPO to 57, and that it will focus on commercializing high-end electronic specialty gases such as disilane, hydrogen bromide, and boron trichloride. In response to investor questions about continued share reductions by employee shareholding platforms and senior executives, the company said that the three entities, including Xiamen Huahong Duofu, are all pre-IPO employee shareholding platforms established in 2012, and that the reductions were driven by partners' capital planning needs. There was no cashing out at highs or lack of confidence in the company's development, and block trades with certain discounts were chosen to improve reduction efficiency and reduce the impact on the secondary market. The company said its sales pricing comprehensively considers factors such as product costs, market competition, and customers' gas consumption scale, stability, and credit periods, with pricing characterized by case-by-case negotiation. On the performance front, the 2026 semi-annual report published on August 25 showed operating revenue of 872 million yuan, up 28.95 percent year on year; net profit attributable to the parent company of 92.83 million yuan, up 19.16 percent; non-GAAP net profit attributable to the parent company of 89.94 million yuan, up 19.29 percent; and net operating cash flow of 133 million yuan, up 46.93 percent year on year. In the first half, specialty gas business revenue reached 586.04 million yuan, up 38.56 percent year on year, semiconductor segment revenue reached 342.89 million yuan, up 28.22 percent year on year, and helium and related products accounted for about 20 percent of total operating revenue, with revenue up 133 percent year on year.

Axalta Coating Systems is positioned to potentially extend its earnings-beat streak when it reports next on October 29, 2026. The high-performance coating maker has topped consensus estimates by an average of 11.38% over the last two quarters, most recently posting $0.72 per share against an expected $0.65, a surprise of 10.77%, after an earlier $0.56 versus $0.5, a surprise of 12.00%. The company currently carries a Zacks Earnings ESP of +0.51% alongside a Zacks Rank #2 (Buy), a combination that Zacks research says produces a positive surprise nearly 70% of the time. Zacks notes that a negative Earnings ESP reading does not indicate an earnings miss but does reduce the metric's predictive power.

Evonik Industries shares rose 2.6% following a Reuters report that BASF could submit a new takeover offer for the German specialty chemicals company. Reuters reported that BASF may make another bid after Evonik rejected an earlier offer of €22.15 per share in September, a proposal that represented a premium of nearly 25% to Evonik's prior three-month average share price. Citi analysts said that even at an assumed offer price of €25 per share, their model indicates average earnings per share and free cash flow accretion of approximately 20% through 2030 for BASF, though return on invested capital would fall to around 9%, which they view as a threshold given the scale, complexity and execution risks involved. The analysts added that unless major shareholder RAG opposes a transaction, Evonik management may ultimately decide to engage in discussions, and noted that RAG's most recent share placement was executed at €19.99 per share. Citi also said it currently struggles to identify a valuation scenario in which Evonik shares can sustainably exceed €22 per share absent a broader sector recovery.

Borregaard has arranged new sustainability-linked multicurrency revolving credit facilities totaling NOK 1,500 million with three banks, replacing existing arrangements that were approaching maturity. The facilities secure continued access to committed funding, with loan terms tied to environmental and safety targets including greenhouse gas emission cuts and workplace safety measures. The company operates in the chemicals sector, focusing on specialized biochemicals and biomaterials for customers across Europe, Asia, the United States, and other regions. The refinancing keeps Borregaard's debt profile aligned with its buyback-and-earnings-reset narrative, tying borrowing costs to how effectively it runs its mills rather than to market rates alone. With profit margins recently weaker than a year ago, the flexible general-purpose credit leaves room to balance capacity upgrades against authorized share repurchases without overstretching the balance sheet.

Sika has acquired Azpects Group, a leading UK manufacturer of polymeric sands for the landscaping sector, in a move the company says strengthens its position in a fast-growing segment. Azpects manufactures and distributes a range of easy-to-use polymeric paving joint compounds and complementary landscaping products for patios, pathways and driveways, serving landscaping contractors across the UK through established trade distribution channels. Sika said the deal creates cross-selling opportunities through highly complementary product portfolios and distribution channels, and that Azpects' manufacturing facility offers a platform to grow and optimize Sika's UK production footprint, with significant cost synergies expected in manufacturing and logistics. Regional Manager EMEA Christoph Ganz said Sika's distribution network can bring Azpects' product range into new channels and customer segments, and welcomed the Azpects team to the company. Sika is a specialty chemicals company with subsidiaries in 102 countries, production in over 400 factories, more than 33,000 employees and CHF 11.20 billion in sales in 2025.

Fulaite announced that its wholly-owned subsidiary Hangzhou Huanzhuo has signed a Service Agreement with Client Company A, with a service term of 60 months and a total tax-inclusive amount of 919 million yuan. The agreement takes effect after being stamped by both parties and does not constitute a performance commitment or performance forecast. The company is advancing the procurement of all equipment under the agreement and will deliver and commence leasing as soon as possible. If implemented smoothly, it is expected to have a certain impact on operating performance.

Sinocera Materials announced on October 9 that as of September 30, 2026, the company had repurchased 3.27 million shares, accounting for 0.3276% of total share capital, with a repurchase amount of 100 million yuan and a repurchase price range of 29.88 yuan to 31.93 yuan per share. In the first half of 2026, Sinocera Materials achieved revenue of 2.513 billion yuan and net profit attributable to the parent company of 363 million yuan.

Dongyue Silicone Materials opened sharply higher on October 9 and quickly rose to the 20cm daily limit, after the company disclosed its performance forecast for the first three quarters of 2026. It expects attributable net profit of 547 million to 567 million yuan, an increase of more than 19,000% compared with the same period last year. The company said the change was mainly driven by the market environment and an improved industry supply-demand structure, with prices of its main products rising. However, Dongyue Silicone Materials stressed that in the third quarter of 2025, affected by the July 20 fire accident, it recorded a loss of 39.3374 million yuan, which left attributable net profit for the first three quarters of the prior-year period at only 2.8567 million yuan. Therefore, the profit figures for the first three quarters of 2026 are not comparable with the same period last year. Based on earlier half-year report data, the company achieved attributable net profit of 429 million yuan in the first half of 2026, up 916.22% year on year. From this, third-quarter net profit this year is estimated at 118 million to 138 million yuan. Dongyue Silicone Materials focuses on the research, development, production and sales of silicone materials. Wind data shows that since its high point in July this year, the company's share price has fallen by more than 35% cumulatively.

On October 9, the A-share silicone concept sector continued to strengthen. Dongyue Silicone hit the 20cm daily limit-up, Chenguang New Materials also hit limit-up, and Guibao Science and Technology, Xinyaqiang, and Hesheng Silicone followed with gains. Behind the sector's sustained strength are multiple factors including improved industry supply-demand dynamics, recovering product prices, and earnings repair at listed companies. At the end of 2025, the silicone industry's anti-involution conference was held, where companies reached a consensus to cut production by 30%, and silicone prices gradually recovered. Entering 2026, leading companies continued to reduce output and raise prices, effectively easing inventory pressure. Affected by the EU REACH environmental regulations and high energy costs, international chemical giants such as Dow and Wacker have announced shutdowns or reductions in silicone capacity, and the accelerated clearing of overseas capacity has provided market space for domestic companies with cost advantages. Taking the key intermediate product DMC as an example, the price was around 13,600 yuan per tonne in early September, rose to about 14,700 yuan per tonne in mid-September, and after entering October, mainstream market negotiation prices remained in the range of 14,400 to 15,000 yuan per tonne. On the evening of October 8, Dongyue Silicone disclosed its performance forecast for the first three quarters of 2026, expecting net profit attributable to the parent company of 547 million to 567 million yuan, a year-on-year increase of 19,050% to 19,750%, mainly driven by improved industry supply-demand dynamics that lifted prices of major products. In addition, expanding applications in semiconductors, data center cooling, and new energy are creating new growth opportunities. Jianghan New Materials' production facilities with annual capacity of 10,000 tonnes of 6N-grade silicon tetrachloride and 5,000 tonnes of 9N-grade TEOS are currently in the equipment installation stage and are expected to begin trial operation in early 2027. Industry insiders caution that whether new demand layouts can translate into actual performance still depends on the progress of project commissioning, customer certification, and demand realization at the relevant companies.

Fulaiente announced on October 9 that its wholly-owned subsidiary Hangzhou Huanzhuo Digital Technology Co., Ltd. signed a Service Agreement with Client Company A, with a service term of 60 months and a total tax-inclusive amount of 919 million yuan.

Dongyue Silicone Materials released its performance forecast for the first three quarters of 2026, expecting attributable net profit of 547 million to 567 million yuan, a year-on-year surge of more than 190 times. Boosted by the positive news, the company's shares quickly hit the daily limit-up. The company said the earnings change was mainly driven by an improved market environment and better supply-demand dynamics in the industry, with prices of its main products rising. The news also lifted the broader silicone sector, with Chenguang New Materials also hitting limit-up, while Guibao Science and Technology, Hoshine Silicon, Hongbai New Materials, and Xinyaqiang followed higher. On the same day, major A-share indices opened lower, with the STAR Composite Index falling more than 1 percent and the ChiNext Index dropping about 1 percent.

Dongyue Silicon Materials shot straight up to the daily limit after the market opened on October 9, with the share price at 17.15 yuan and total market value of about 20.6 billion yuan. The previous evening, the company disclosed its performance forecast for the first three quarters of 2026, expecting attributable net profit of 547 million to 567 million yuan, a year-on-year increase of 19,050% to 19,750%. Non-recurring net profit is expected to be 589 million to 609 million yuan, compared with 11.82 million yuan in the same period last year. The company attributed the earnings growth to higher prices for its main products driven by an improved industry supply-demand balance, as well as a year-on-year decline in procurement prices for industrial silicon raw materials, which lowered overall unit production costs and lifted comprehensive gross margin. The company also cautioned that the third quarter of 2025 was affected by the July 20 fire accident, resulting in a loss of 39.34 million yuan for that period, which left attributable net profit for the first three quarters of 2025 at only 2.86 million yuan, making the current profit figures not comparable with the same period last year. Excluding the impact of the fire, attributable net profit for the first three quarters of 2025 would have been about 42.19 million yuan, corresponding to a forecast profit increase of about 1,197% to 1,244% for 2026. Based on the forecast and first-half financial data, the company's third-quarter attributable net profit is estimated at 118 million to 138 million yuan, down about 41% to 49% quarter on quarter, meaning that the marginal pace of earnings growth has not expanded in tandem even as industry prices continue to rise. Dongyue Silicon Materials is one of China's largest producers in the silicone industry, with annual production capacity of 600,000 tonnes of silicone monomer and more than 600 downstream product grades as of the end of the reporting period. Since the domestic silicone DMC market bottomed out and rebounded in the fourth quarter of 2025, the supply-demand balance has continued to improve. As of October 9, the benchmark price was 14,400 yuan per tonne, up about 30% year on year. Leading suppliers reached a consensus on coordinated production cuts and price stabilization from the end of 2025, while overseas, Dow shut down its basic siloxane plant in Barry, United Kingdom, involving DMC capacity of 145,000 tonnes per year, accounting for about 30.5% of total European silicone capacity.

Delta Paint Public Company Limited, or DPAINT, sees opportunity in the post-flood recovery period now entering a cycle of home repair and renovation. Demand for architectural paint and construction materials, the company's core business, will be directly supported by the renovation market, spanning walls, surfaces, and interior and exterior areas that need repainting to restore homes to a livable condition. The company said demand is not limited to new project construction but also comes from repair and renovation, which plays a greater role after natural disasters, and it expects recovery to expand from initial repairs to major home renovations. At the same time, DPAINT is laying a long-term game through its investment in The City Phuket to enter the real estate business and create a new S-Curve, adding diversity to its revenue structure while keeping architectural paint and construction materials as the core business that generates cash flow. The company views Phuket as an area with potential in tourism and real estate, and if developed according to plan, it will complement the core business and create opportunities for stable growth in the future.

Silicone leader Dongyue Silicone Materials issued a results forecast, projecting net profit for the first three quarters of 547 million to 567 million yuan, a year-on-year increase of 19,050% to 19,750%, igniting the silicone sector. Boosted by the news, silicone-related stocks rallied against the market in early trading on October 9, with Dongyue Silicone Materials surging by the 20% daily limit, Chenguang New Materials hitting the daily limit, and Xinyaqiang, Guibao Science and Technology, and Hoshine Silicon following higher. Dongyue Silicone Materials said that in the first three quarters of 2026, thanks to an improved market environment and industry supply-demand balance, prices of its main products rose, while industrial silicon procurement costs fell year on year, lowering overall unit production costs and lifting gross margins. China's domestic silicone market has rebounded since bottoming out in the fourth quarter of 2025, and DMC prices have climbed steadily in 2026. Data from SunSirs shows that as of October 8, DMC was quoted at 14,400 yuan per tonne, up more than 10% over the past 60 days. According to statistics from Securities Times Data Treasure, institutions unanimously forecast that nine silicone-related stocks are expected to post full-year profit growth in 2026, with Sanyou Chemical, Wynca Group, Sanfu Chemical, Hoshine Silicon, and Luxi Chemical expected to lead with gains exceeding 100%.

Verbio SE outlined its next development phase at its Capital Markets Day in Bitterfeld, marking the commissioning of a new ethenolysis plant for bio-based speciality chemicals as a milestone in the expansion of its renewable-molecule production platform and biorefineries. After years of high investment, the company said its focus is now increasingly on utilizing the capacity it has created, optimizing existing production plants and increasing earnings and cash flow. The event covered the market and competitive positioning of Verbio's existing business divisions, the further development of its business base in the USA, and the commercial ramp-up of its new chemical products. Verbio pointed to the resurgence of biomass as a raw material revitalizing the biofuels market while opening new value-creation opportunities beyond it, including expanded trading activities and additional revenue potential from the utilization and storage of biogenic CO2. Chief Executive Officer Claus Sauter said Verbio has developed over two decades from a biofuel producer into an integrated platform for a wide range of renewable molecules, with the company's twentieth flotation anniversary days away, and that it will now harness that platform's potential to generate value, cash flow and long-term returns for shareholders. Verbio also reaffirmed its commitment to disciplined capital use and a balanced approach between profitable growth, financial stability and sustainable value creation.

RPM declared a quarterly dividend of $0.57 per share, a 5.6% increase from its prior dividend of $0.54. The dividend carries a forward yield of 2.3% and is payable October 30 to shareholders of record as of October 20, with an ex-dividend date of October 20. The increase marks the company's 53rd consecutive year of raising its cash dividend.

RPM International Inc. announced the election of Jeffrey D. Rowe to its board of directors, bringing the total to 12 members following the annual meeting of stockholders. Rowe currently serves as Executive Vice President and Chief Operating Officer of Archer-Daniels-Midland Company, where he oversees three business units, four regions and global operations, R&D and sustainability functions. He previously served as Chief Executive Officer of Syngenta Group and spent more than two decades at DuPont Pioneer in executive leadership roles. Rowe will serve on RPM's governance and nominating committee. RPM Chairman and CEO Frank C. Sullivan said Rowe's global leadership experience and operational expertise across manufacturing, supply chain and innovation align with the company's strategic goals.

Avient Corporation declared a quarterly cash dividend of US$0.2825 per share, payable on January 7, 2027, to shareholders of record as of December 11, 2026, marking its sixteenth consecutive annual increase and lifting the annualized payout from US$1.10 to US$1.13 per share. The company reported US$917.0 million in sales and US$64.8 million in net income in its recent Q2 2026 results, with higher net profit margins than a year earlier. Avient's narrative projects $3.7 billion in revenue and $338.5 million in earnings by 2029, requiring 3.9% yearly revenue growth and roughly a doubling in earnings from $170.0 million today, and yields a $50.86 fair value, a 24% upside to its current price. Some analysts expect revenue of about US$3.9 billion and earnings around US$312.5 million, while another fair value estimate puts the stock at just $66.96. The extended dividend streak reinforces the income side of Avient's story but does not materially change the near-term catalyst in electronics and high performance computing or the risk that weaker transportation and other cyclical end markets could weigh on revenue and margins.

AkzoNobel is expected to offer divestments in its planned $25 billion purchase of Axalta Coating to try to allay concerns from European Union regulators. The remedies, expected to be filed next week with the European Commission, would involve the sale of certain overlapping businesses in the vehicle refinish market, according to a Bloomberg report on Thursday citing people familiar with the matter, while the EC's issues over the combination's impact on the powder coating markets have been dropped. The EC declined to comment to Bloomberg, and both AkzoNobel and Axalta didn't immediately respond to a request for comment. Separately, Reuters reported that EC regulators will approve the deal with the remedies, and the filing from the companies next week will extend the current EC's Oct. 22 deadline by 10 working days. The EC has until Oct. 22 to decide if it will approve the deal or open an in-depth probe. AkzoNobel said on Monday that it agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, concluding its strategic review of its Asian decorative paints portfolio, and Axalta in November announced an all-stock merger with AkzoNobel to create a global coatings company valued at approximately $25 billion.

Peerapat Technology Public Company Limited, or PRAPAT, a provider of comprehensive Cleaning Hygiene Solutions, has launched three cleaning products to meet demand for restoring homes and business premises in the aftermath of flooding. The three products are N-Rust, for removing rust stains and stubborn grime; Pro Klear, for cleaning floors, walls and general surfaces; and Zani Fresh, which helps reduce musty odours and eliminate bacteria. The company said the products were developed to meet demand for care and restoration of areas after floodwaters recede, both in homes and business premises, reaffirming PRAPAT's expertise in the comprehensive cleaning products and solutions business. Those interested can ask for further product details through the company's showroom or the Peerapat Product website.

DBS Vickers Securities Thailand said in an analysis that the Thai government is considering cutting excise taxes on biofuels to lower fuel prices and spur consumption. Currently, the excise tax on gasohol stands at 6.00 baht per litre and on biodiesel at 5.953 to 6.92 baht per litre. Raising the share of biofuels in use would help cut crude oil imports and ease the government's burden of subsidising fuel prices, with the Oil Fund now running a loss of about 100 billion baht. With demand for ethanol and biodiesel expected to rise, DBS Vickers has named 11 Thai stocks set to benefit, divided into three groups by business type. The first group is direct producers and distributors of biofuels, namely BBGI, EA, UBE, GGC and TAE. The second group is integrated palm oil producers linked to biodiesel, namely PCE, SMO, APO and VPO. The third group is sugar producers linked to ethanol, namely KSL, KTIS and BRR.

Gunze Limited has developed a next-generation antistatic sewing thread that uses neither carbon nor metal as its conductive material, applying proprietary resin processing technology from its plastic film business to combine high antistatic performance with a wide range of color options including white and vivid hues. The Osaka-based company, led by President Takahiro Oka and listed on the Tokyo Stock Exchange under code 3002, said the product overcomes a key limitation of conventional antistatic threads, which rely on carbon and are therefore limited to black or gray. Instead, the new thread uses ion-conductive polymers to dissipate static electricity, allowing it to be produced in pure white or dyed in a wide range of colors, including vibrant and multi-color variations. Gunze said its resin molding and processing technologies distribute the ion-conductive polymer optimally throughout the fibers, delivering superior antistatic performance and longer-lasting effectiveness than conventional products. The company is targeting applications in high-performance and fashion apparel, uniforms and workwear for precision machinery, medical, pharmaceutical and cleanroom environments, and interior and industrial materials such as carpets, curtains, automotive interiors and filters, and intends to expand its product range and actively promote the technology in B2B markets in Japan and abroad.

Dongyue Silicon Materials announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 547 million yuan and 567 million yuan, an increase of 19,050% to 19,750% year on year. The company said that, driven by improvements in the market environment and the industry supply-demand structure, prices of its main products rose. On the raw materials side, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year, so overall unit production costs declined and the comprehensive gross margin improved. The company also continued to advance refined management and safety controls, ensuring stable production operations and effectively controlling production costs, further strengthening profitability. In the third quarter of 2025, affected by the July 20 fire accident, the company recorded a loss of 39.34 million yuan for that period, which meant that net profit attributable to shareholders of the listed company for the first three quarters of the prior year was only 2.86 million yuan, making the current period's profit indicator not comparable with the same period last year. During the reporting period, the company estimates that non-recurring gains and losses will affect net profit attributable to shareholders of the listed company by around 42 million yuan, mainly due to items such as gains and losses on disposal of non-current assets.

Dongyue Silicon Materials announced on October 8 that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be 547 million to 567 million yuan, an increase of 19,050% to 19,750% year on year. The company said that, thanks to the market environment and an improved supply-demand balance in the industry, prices of its main products rose. On the raw materials side, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year, so overall unit production costs declined and the consolidated gross margin improved. At the same time, the company continued to advance refined management and safety controls, ensured stable production operations, effectively controlled production costs, and further strengthened profitability. The company also explained that in the third quarter of 2025, affected by the July 20 fire accident, it recorded a loss of 39.3374 million yuan in that period, leaving net profit attributable to shareholders of the listed company for the first three quarters of the prior year at only 2.8567 million yuan, so the current-period profit indicator is not comparable with the same period last year. During the reporting period, the company expects the impact of non-recurring gains and losses on net profit attributable to shareholders of the listed company to be about 42 million yuan, mainly due to items such as gains and losses on disposal of non-current assets.

Dongyue Silicone Materials released its performance forecast for the first three quarters of 2026 on the evening of October 8, expecting attributable net profit of 547 million to 567 million yuan, compared with only 2.8567 million yuan in the same period last year. The company said the sharp change in performance was mainly driven by improvements in the market environment and the industry supply-demand structure, with prices of its main products rising. On the raw materials side, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year, so overall unit production costs declined somewhat and comprehensive gross margin improved. At the same time, the company continued to advance refined management and safety control, ensured stable production operations, and effectively controlled production costs, further strengthening profitability. Dongyue Silicone Materials also noted that in the third quarter of 2025, affected by the July 20 fire accident, the company posted a loss of 39.3374 million yuan for that period, which left attributable net profit for the first three quarters of the prior year at only 2.8567 million yuan, meaning the current period's profit figures are not comparable with the same period last year.

Dongyue Silicon Materials disclosed an earnings forecast on October 8, projecting net profit of 547 million to 567 million yuan for the first three quarters of 2026, up 19,048% to 19,748% year on year, with non-GAAP net profit of 589 million to 609 million yuan, compared with less than 12 million yuan in the same period last year. The company said that, driven by an improved market environment and industry supply-demand balance, prices of its main products rose, procurement prices for industrial silicon fell year on year, overall unit production costs declined, and consolidated gross margin improved. This forecast extends the company's strong earnings trajectory this year. Its interim report showed that Dongyue Silicon Materials achieved operating revenue of 2.665 billion yuan in the first half of 2026, up 14.5% year on year, and net profit attributable to the parent of 429 million yuan, up 916.22% year on year. Based on that, third-quarter net profit attributable to the parent is estimated at about 118 million to 138 million yuan, still at a high level. Such a high year-on-year growth rate is closely tied not only to improved profitability but also to an extremely low base in the same period last year. In the first three quarters of 2025, Dongyue Silicon Materials reported net profit attributable to the parent of only 2.857 million yuan, down more than 90% year on year. The company explained that the third quarter of 2025 was affected by the July 20 fire accident, resulting in a loss of 39.3374 million yuan for that period. Amid the current recovery in the silicone industry, leading companies along the industrial chain have generally seen improved operations. Peers such as Hoshine Silicon and Wynca have benefited from the rebound in DMC prices, with profitability clearly recovering from last year's trough.

On the evening of October 8, multiple listed companies on the Shanghai and Shenzhen stock exchanges released positive announcements. Amlogic issued its performance forecast for the first three quarters of 2026, expecting net profit attributable to owners of the parent company of 1.26 billion to 1.31 billion yuan, up 80.58% to 87.74% year on year, with third-quarter net profit expected at 649 million to 699 million yuan, up 222.67% to 247.52% year on year. The company preliminarily estimates that annual operating revenue this year is expected to exceed 10 billion yuan. Dongyue Silicone expects net profit for the first three quarters of 547 million to 567 million yuan, compared with only 2.8567 million yuan in the same period last year, mainly benefiting from rising product prices and lower unit production costs. Xingyun Technology expects net profit for the first three quarters of 240 million to 290 million yuan, turning from loss to profit year on year, with computing power business, especially server sales, achieving explosive growth. Midea Group announced that as of September 30, 2026, it had cumulatively repurchased 123 million A-shares, accounting for 1.61% of total share capital, with a total payment of 9.94 billion yuan. The purpose of this buyback plan has been changed to cancellation and capital reduction. Hua Hong Hongli announced that Guosheng Group subscribed for 6.127 billion yuan of new registered capital in Hua Hong Group in cash, raising its shareholding from 15.29% to 41.66%, and its indirect shareholding in the company through Hua Hong Group and Hua Hong International rose from 3.75% to 10.22%. In addition, Huada Jiutian invested 149 million yuan to acquire 9.269142 million shares of Xinxingji, Jianyan Institute received a tender offer from Hanqi Investment for 9.9% of its shares, Zhucheng Technology plans to invest no more than 409 million yuan to build a southwest headquarters base project for communication connectors, Hangyu Technology plans to invest about 600 million yuan in an aero-engine gas turbine ring forging project, Bright Laser Technologies plans to invest about 1 billion yuan to build a high-end metal additive manufacturing industrial base project, and Zhibang Home Furnishing plans to increase capital by 200 million yuan and invest in a smart manufacturing base project in Thailand.

Shandong Dongyue Silicone Materials Company Limited, referred to as Dongyue Silicone Materials, stock code 300821 on the Shenzhen Stock Exchange, released its earnings forecast for the first three quarters of 2026 on October 8. Net profit attributable to shareholders of the listed company is expected to be between 547 million and 567 million yuan, compared with 2.86 million yuan in the same period last year. The forecast indicates that net profit is positive and represents an increase in the same direction. Net profit after deducting non-recurring gains and losses is expected to be between 589 million and 609 million yuan, compared with 11.82 million yuan in the same period last year. The company said that in the first three quarters of 2026, driven by improvements in the market environment and the industry supply-demand structure, prices of major products rose. On the raw materials side, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year. Overall unit production costs declined somewhat, and the comprehensive gross margin improved. At the same time, the company continued to advance refined management and safety controls, effectively controlling production costs and further strengthening profitability. In the third quarter of 2025, affected by the July 20 fire accident, the company recorded a loss of 39.34 million yuan for that period, which left net profit attributable to shareholders of the listed company for the first three quarters of the prior year at only 2.86 million yuan. As a result, the profit indicators for the current period are not comparable with the same period last year. The company also said that during the reporting period, the estimated impact of non-recurring gains and losses on net profit attributable to shareholders of the listed company is around 42 million yuan, mainly arising from items such as gains and losses on disposal of non-current assets.

On the evening of October 8, multiple A-share companies disclosed earnings guidance for the first three quarters of 2026. Dongyue Silicon Materials expects net profit attributable to shareholders of the listed company to be between 547 million yuan and 567 million yuan, compared with 2.8567 million yuan in the same period last year, a year-on-year increase of 19,048% to 19,748%. Dongyue Silicon Materials said the sharp expected increase in performance was mainly driven by improvements in the market environment and industry supply-demand dynamics, higher prices for its main products, a year-on-year decline in industrial silicon procurement prices, an overall reduction in unit production costs, and a higher consolidated gross margin. In the same period last year, losses were caused by the July 20 fire accident, so the current period's profit indicators are not comparable with those of the same period last year. Benchuan Intelligence expects net profit for the first three quarters to be between 96 million yuan and 144 million yuan, a year-on-year increase of 190.24% to 335.36%. Guanghui Energy expects net profit to be between 2.7 billion yuan and 2.8 billion yuan, a year-on-year increase of 166.83% to 176.71%, with third-quarter net profit of between 1.42 billion yuan and 1.52 billion yuan, up 795.08% to 858.12% year on year. Amlogic expects net profit for the first three quarters to be between 1.26 billion yuan and 1.31 billion yuan, a year-on-year increase of 80.58% to 87.74%, with third-quarter net profit of between 649 million yuan and 699 million yuan, up 222.67% to 247.52% year on year and up 48.36% to 59.79% quarter on quarter, and preliminarily estimates that annual operating revenue this year is expected to exceed 1 billion yuan. Yonghe Shares expects net profit to be between 760 million yuan and 860 million yuan, a year-on-year increase of 61.96% to 83.27%. Xingyun Technology expects net profit to be between 240 million yuan and 290 million yuan, turning from a loss to a profit year on year.

Dinglong Shares announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 840 million and 860 million yuan, a year-on-year increase of 61.72% to 65.57%. The change in performance is mainly due to the high prosperity of the downstream semiconductor and new energy lithium battery industries as well as an increase in market share. The company's product orders achieved relatively rapid growth, and sales revenue of core products such as CMP polishing pads, polishing liquids and cleaning liquids, and functional auxiliary materials for new energy lithium batteries all increased significantly year-on-year. Among them, the company's net profit for the third quarter is expected to be between 311 million and 331 million yuan, while net profit for the second quarter was 278 million yuan. Based on this calculation, net profit for the third quarter is expected to increase by 11% to 18% quarter-on-quarter.

Dongyue Silicone Materials announced on the evening of October 8 that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 547 million and 567 million yuan. The company said the change in performance was mainly driven by improvements in the market environment and the industry supply-demand structure, with prices of major products rising. At the same time, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year, leading to an overall decline in unit production costs and an increase in comprehensive gross margin. The company also continued to advance refined management and safety controls, ensuring stable production operations and effectively controlling production costs, further strengthening profitability. As a leading domestic integrated organic silicon enterprise, Dongyue Silicone Materials has a complete industrial chain from metal silicon powder processing to organic silicon monomers and intermediates, and then to deep-processed products such as silicone rubber and silicone oil. Its products are widely used in new energy, electronics and electrical appliances, construction, automobiles and many other fields.

Dinglong Shares announced on October 8 that it expects attributable net profit for the first three quarters of 2026 to be approximately 840 million to 860 million yuan, up 61.72% to 65.57% year-on-year. Third-quarter attributable net profit is expected to be approximately 310 million to 330 million yuan, up 49% to 59% year-on-year and up 12% to 19% quarter-on-quarter. Excluding profit from the printing consumables terminal business deconsolidated through an equity transfer, attributable net profit for the first three quarters of this year would rise about 73% year-on-year. The company achieved cumulative operating revenue of approximately 2.915 billion yuan in the first three quarters of 2026, up 8% year-on-year, including CMP polishing pad sales revenue of approximately 1.136 billion yuan, up 43% year-on-year, CMP polishing slurry and cleaning solution sales revenue of approximately 333 million yuan, up 64% year-on-year, and new energy lithium battery functional auxiliary materials sales revenue of approximately 463 million yuan, up 59% year-on-year. In addition, non-recurring gains and losses for the reporting period are expected to be approximately 60 million yuan, mainly due to government subsidies and disposal of non-current assets. In the first half of 2026, Dinglong Shares achieved revenue of 1.925 billion yuan and attributable net profit of 529 million yuan.

Dongyue Silicone Materials released its performance forecast for the first three quarters of 2026 on the evening of October 8, projecting net profit attributable to shareholders of the listed company at 547 million yuan to 567 million yuan, compared with only 2.86 million yuan in the same period last year, a year-on-year increase of 19,050 percent to 19,750 percent. The company said the sharp rise was mainly due to an improved market environment and industry supply-demand structure, higher prices for its main products, a year-on-year decline in industrial silicon procurement prices, lower overall unit production costs, and a higher consolidated gross margin. Net profit after deducting non-recurring items is projected at 589 million yuan to 609 million yuan, compared with 11.82 million yuan a year earlier, with non-recurring items affecting the amount by about 42 million yuan. The company also cautioned that the third quarter of 2025 was affected by the July 20 fire accident, resulting in a loss of 39.34 million yuan for that period, which made the year-earlier base extremely low, so the current-period profit indicators are not comparable with the same period last year. Its earlier half-year report showed that in the first half of 2026, the company posted revenue of 2.665 billion yuan, up 14.50 percent year on year, and net profit attributable to the parent company of 429 million yuan, up 916.22 percent year on year.