HK Stock Market Move | Befar Group (06745) surged over 10% in early trading as it began production of high-purity hydrogen fluoride gas, currently in the product promotion stage.

Befar Group (06745) surged over 10% in early trading and as of this report, it has risen by 8.7%, priced at HKD 3.5, with a trading volume of HKD 82.2837 million. On the news front, on July 19, Bin Hua Group announced the production of 6N grade high-purity hydrogen fluoride gas. The company later stated that the high-purity hydrogen fluoride gas is currently in the product promotion stage, and there is uncertainty whether it will gain customer acceptance in the future; the proportion of hydrogen fluoride products in the companys operating income is relatively small, and it is expected that it will not have a significant impact on the company's performance. Soochow released a research report stating that domestic high-end electronic materials are highly dependent on imports, with vast potential for domestic substitution. Among them, semi-G5 grade electronic hydrofluoric acid is suitable for advanced chip manufacturing processes, and high-end production capacity in the industry is scarce. By the end of 2025, the company is expected to have a production capacity of 6,000 tons of semi-G5 grade electronic hydrofluoric acid. The company anticipates that a project for 17,000 tons of high-end electronic chemicals will be completed by the end of 2026, expanding into new products such as etchants and peelers, driving the companys robust development in the new materials sector.