candywaysbonanzamegaways| Dongyue Group rose more than 4% in early trading, institutions said the gap between supply and demand may continue to expand in the future

Dongyue Group (00189) rose 4.5 percent in early tradingcandywaysbonanzamegaways.05%, currently reported at HK$9.76, with a turnover of HK$103.4 million.

Hua 'an Securities pointed out that since 24 years ago, the supply of third-generation refrigerants has entered the stage of "quota + continuous reduction", while the reduction of second-generation refrigerants has accelerated. The price of fourth-generation refrigerants remains high due to patent issues and it is difficult to replace them, and the refrigerant supply side continues to shrink. At the same time, with the development of the heat pump and cold chain markets and the continued expansion of the air conditioning stock market, coupled with factors such as the expansion of refrigerant demand in Southeast Asian countries, the demand side maintained steady growth. In the future, the gap between supply and demand in the refrigerant market will continue to expand, refrigerant prices will rise steadily, with a high quota proportioncandywaysbonanzamegawaysThe company will fully benefit.