According to the Zhitong Finance App, Dongyue Group (00189) announced its 2026 interim results. The group achieved revenue of 8.06 billion yuan during the period, an increase of 8% over the previous year; the profit attributable to the company's owners during the period was 1,027 billion yuan, an increase of 31.84% over the previous year; and the basic profit per share was 0.6 yuan.
In the first half of the year, in a complex and changing business environment, the Group's operating performance reached the next level from 2025. During the review period, driven by the overall market in the fluorosilicon industry, the prices of many of the Group's core products rose by varying degrees. Although the cost of some raw materials has risen due to the impact of the international situation, the Group relied on an efficient cost control system to effectively reduce overall costs, driving up gross margin by 8 percentage points over the same period last year. During the period, the profit accruing to the company's owners increased by about 31.80% year-on-year, and the operating performance achieved another excellent result.
The Group attaches great importance to scientific research and development and independent innovation. It has strong scientific research capabilities, and has built scientific and technological innovation into the Group's core market competitiveness. In recent years, the Group has carried out extensive market layout in high-end polymers, high-purity materials, chlor-alkali ion membranes, etc., and has received good feedback in the market, and the revenue share of new products has further increased. In the first half of the year, the Group made every effort to implement various scientific research projects and finalize a number of industrialization projects and research projects. The additional investment in related projects is expected to exceed 1 billion yuan. During the review period, the Group's R&D costs increased by 14.98% year on year, accounting for 5.27% of revenue, obtained 12 patents, owned 478 patents at the end of the period, and the R&D team reached 645 people, of which 46.67% were doctorates and masters.
Safety and environmental protection are the cornerstones of the Group's stable production and operation. In the first half of the year, in the face of various sudden changes in the market, the Group's production and operation remained stable and orderly, providing a solid guarantee for achieving a significant increase in performance. During the review period, in terms of safety, there were no grade safety incidents in the Group; in terms of environmental protection, the Group's external drainage emissions fully met the standards, the total amount of external wastewater decreased by 5.45% year on year, and the amount of solid waste generated decreased by 17.57% year on year. Furthermore, the Group adjusted its hazardous waste disposal plan in the first half of the year, resulting in a significant year-on-year reduction in the Group's hazardous waste disposal costs.
In the first half of the year, the Group completed construction and put into operation several key projects, including a new energy center project and an R32 refrigerant expansion project. The construction of the new energy center project took a year and a half and has now been successfully put into operation. The commissioning of this project can further reduce energy consumption, raise environmental emission standards, improve operational stability, and reduce safety risks for the Group. The R32 refrigerant production expansion project was also completed and put into operation in the first half of the year. The project increased R32 refrigerant production capacity by 49,000 tons/year, providing a strong guarantee for the Group to cope with future changes in the refrigerant market.