Silicone leader Dongyue Silicone Materials signals strong third-quarter results, sector rallies against the market

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Summary · why it matters

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%.

Impact on assets 10

Others▲
Shandong Dongyue Organosilicon Mat
300821
▲ PositiveCapitalrelevance

Dongyue Silicone Materials projected first-three-quarter net profit up 19,050%-19,750% year on year on higher product prices and lower silicon costs.

Chengdu Guibao Science Tech
300019
▲ PositiveDemandrelevance

Guibao Science and Technology followed higher amid the silicone sector rally driven by improved supply-demand balance and rising DMC prices.

Xinyaqiang Silicon Chemistry Co Ltd
603155
▲ PositiveDemandrelevance

Xinyaqiang Silicon Chemistry followed higher as part of the silicone sector rally ignited by Dongyue's strong profit forecast and rebounding DMC prices.

Hoshine Silicon Ind Co Ltd
603260
▲ PositiveDemandrelevance

Hoshine Silicon rose with the silicone sector and is among stocks institutions forecast to post over 100% full-year 2026 profit growth on improved supply-demand.

Luxi Chemical Group Co Ltd
000830
▲ PositiveDemandrelevance

Luxi Chemical is among silicone-related stocks expected to post over 100% full-year profit growth in 2026 per institutional forecasts.