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Dongyue's 2024 Profit Rises; Shares Slide 4%
Express News | Dongyue Group FY Gross Margin 21.62%
Express News | Dongyue Group FY EBIT Margin 10.01%
DONGYUE GROUP: (1) ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024AND (2) CLOSURE OF REGISTER OF MEMBERS
DONGYUE GROUP (00189.HK) was subject to a Shareholding reduction of 4.204 million shares by E Fund.
On March 24, Gelonghui reported that according to the latest equity disclosure information from the Stock Exchange, on March 18, 2025, DONGYUE GROUP (00189.HK) was reduced by E Fund Management Co., Ltd. in the market, selling 4.204 million shares at an average price of HKD 9.2549 per share, involving approximately HKD 38.9076 million. After the reduction, E Fund Management Co., Ltd.'s latest holdings number is 120,285,000 shares, and the shareholding ratio decreased from 7.18% to 6.94%.
CICC: Maintains DONGYUE GROUP (00189) "Outperform Industry" rating and raises Target Price to HKD 11.6.
After the Spring Festival, the prices of PTFE and PVDF are expected to recover from the bottom. The firm believes that the company's fluoropolymer products have high downstream recognition, and the electronic-grade PTFE production line is expected to gradually ramp up production. A bottom reversal in the fluoropolymer Sector is also anticipated.
YSREDDY OP : Yeah 60% capital loss in a month, shitty market I feel
hong0206 : u bought dongyue under recommendation of kk?
YSREDDY OP : Mr EC so called guru
101775871 : You are not alone.
102550346 : You are not alone. Bought under Ernest Chan?
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