DONGYUE GROUP (00189) released its interim results, with shareholders' net profit for the period amounting to 1.027 billion yuan, an increase of 31.84% year-on-year.

DONGYUE GROUP (00189) has released its mid-term results for 2026, reporting revenues of 8.06 billion RMB, an increase of 8% year-on-year; the profit attributable to the companys owners for the period was 1.027 billion RMB, a year-on-year increase of 31.84%; basic earnings per share were 0.6 RMB. In the first half of the year, the Group's operating performance improved again based on the achievements of 2025 amid a complex and changing operational environment. During the review period, driven by the overall market of the fluorosilicone industry, the prices of several core products of the Group experienced varying degrees of increase. Despite rising raw material costs influenced by international circumstances, the Group effectively reduced overall costs through an efficient cost control system, leading to an 8 percentage point year-on-year increase in gross profit margin. During the period, the profit attributable to the companys owners surged approximately 31.80% year-on-year, setting a new record for operating performance. The Group places great emphasis on technological research and development and independent innovation, possessing strong capabilities in scientific research, and has made technological innovation a core competitive edge in the market. In recent years, the Group has made significant market layouts in high-end polymers, high-purity materials, and chlor-alkali ion membranes, receiving positive feedback in the market, and the revenue share of new products has further increased. In the first half of the year, the Group vigorously promoted the implementation of various research and development projects, finalizing multiple industrialization projects and research project approvals, with expected new investments exceeding 1 billion RMB. During the review period, the Group's research and development costs rose 14.98% compared to the previous year, accounting for 5.27% of revenue, with 12 new patents obtained, bringing the total patents held to 478, while the R&D team expanded to 645 members, with 46.67% holding doctorate and master's degrees. Safety and environmental protection are important cornerstones for the stable operation of the Group. In the first half of the year, facing various sudden market changes, the Group's production and operations remained steady and orderly, providing solid support for significant performance improvement. During the review period, there were no significant safety incidents reported; on the environmental front, the Group's effluent emissions fully met standards, with total effluent volume decreasing by 5.45% year-on-year, and solid waste generation decreasing by 17.57% year-on-year. Additionally, the Group adjusted its hazardous waste disposal plan in the first half of the year, resulting in a substantial reduction in hazardous waste disposal costs year-on-year. In the first half of the year, several key projects of the Group were completed and began production, including the New Energy Center project and the R32 refrigerant expansion project. The construction of the New Energy Center project took one and a half years and is now successfully operational. The launch of this project can further help the Group reduce energy consumption, improve environmental emission standards, enhance operational stability, and reduce safety risks. The R32 refrigerant expansion project has also been completed and put into operation in the first half of the year, increasing the production capacity of R32 refrigerant by 49,000 tons per year, providing strong assurance for the Group to respond to future market changes in refrigerants.