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.
Shandong Dongyue Organosilicon MatQ1–Q3 2026 net profit forecast of 547–567 million yuan, up over 190x year-on-year, drove shares to limit-up.
Chengdu Guibao Science Tech
Xinyaqiang Silicon Chemistry Co Ltd
Hoshine Silicon Ind Co Ltd
Jiangxi Hungpai New Material Co Ltd
Jiangxi Chen Guang New Materials Co Ltd