Company Overview - Dongyue Silicon Materials Co., Ltd. is located in Hantai Town, Zibo City, Shandong Province, established on December 28, 2006, and listed on March 12, 2020. The company specializes in the research, production, and sales of silicone materials [1]. Business Revenue Composition - The main business revenue composition includes: - 107 glue: 49.40% - Silicone oil: 13.49% - 110 raw rubber: 12.11% - Compound rubber: 5.46% - Others: 5.37% - Fumed silica: 4.32% - Silicone sealant: 4.29% - Liquid glue: 2.01% - Intermediates: 1.36% [1]. Stock Performance - On November 26, Dongyue Silicon Materials' stock fell by 5.13%, trading at 12.76 CNY per share, with a transaction volume of 995 million CNY and a turnover rate of 6.30%. The total market capitalization is 15.312 billion CNY [1]. Major Shareholders - Among the top circulating shareholders, one fund from GF Fund ranks in the top ten. GF Jufeng Mixed A (270005) increased its holdings by 615,000 shares in the third quarter, holding a total of 4.5566 million shares, which accounts for 0.38% of the circulating shares. The estimated floating loss today is approximately 3.1441 million CNY [2]. Fund Manager Information - The fund manager of GF Jufeng Mixed A (270005) is Su Wenjie, who has been in the position for 7 years and 37 days. The total asset size of the fund is 9.734 billion CNY, with the best fund return during the tenure being 167.69% and the worst being 5.18% [3].

Core Viewpoint - Dongyue Silicon Materials reported that as of November 20, 2025, the total number of shareholders (including both ordinary accounts and margin trading accounts) is 94,039 [2] Summary by Categories - **Shareholder Information** - The total number of shareholders for Dongyue Silicon Materials is 94,039 as of the specified date [2]

Core Viewpoint - Shandong Province is transforming its chemical industry towards "specialized, refined, distinctive, and innovative" sectors, focusing on green, low-carbon, and high-quality development, particularly in new energy and new materials [1] Group 1: Project Developments - Shandong Feiyuan Special Materials Co., Ltd. is constructing a project with an annual production capacity of 4,000 tons of trifluoroacetic acid ethyl ester, expected to be completed by the end of December [1] - Shandong Aofan New Materials Co., Ltd. is working on a project with an annual capacity of 247,000 tons of fourth-generation fluorine-containing functional new materials, also expected to enter trial production by the end of December [2] Group 2: Industry Chain and Capacity - Zibo's fluorosilicon industry has a complete chain from fluorite mining to downstream products, with a total capacity exceeding 2 million tons per year, making it a leader in domestic production of polytetrafluoroethylene and other fluorinated materials [2] - The city has implemented an industrial chain leader system to promote the fluorosilicon materials industry, with key parks like Dongyue Fluorosilicon Material Industrial Park and Gaoqing Chemical Industrial Park being established [2] Group 3: Key Companies and Products - Zibo Feiyuan Chemical Co., Ltd. specializes in products like anhydrous hydrogen fluoride and fluorinated fine chemicals, while its subsidiary focuses on fluorinated electronic chemicals and intermediates for pharmaceuticals and pesticides [3] - Dongyue Fluorosilicon Technology Group has diversified into seven strategic emerging industries, including fluorine, silicon, and hydrogen, with various companies under its umbrella producing a wide range of fluorinated and silicon-based products [4][5] Group 4: Market Expansion and Investment - The East Yue Group has established a strong presence in the organic silicon industry, with an annual production capacity of 600,000 tons of organic silicon monomers and over 300 product varieties [5] - The industrial scale of the fluorosilicon industry in Shandong is projected to exceed 30 billion yuan, driven by investments in downstream processing and hydrogen energy projects [5]

Group 1 - The core viewpoint of the news is that Dongyue Silicon Materials Co., Ltd. experienced a stock price increase of 5.94%, reaching 13.73 yuan per share, with a trading volume of 822 million yuan and a turnover rate of 5.15%, resulting in a total market capitalization of 16.476 billion yuan [1] - Dongyue Silicon Materials, established on December 28, 2006, and listed on March 12, 2020, specializes in the research, production, and sales of organic silicon materials [1] - The company's main business revenue composition includes: 107 glue 49.40%, silicone oil 13.49%, 110 raw rubber 12.11%, mixed rubber 5.46%, others 5.37%, fumed silica 4.32%, silicone adhesive 4.29%, other (supplement) 2.18%, liquid glue 2.01%, intermediates 1.36% [1] Group 2 - From the perspective of major circulating shareholders, GF Fund's Guangfa Jufeng Mixed A (270005) increased its holdings by 615,000 shares in the third quarter, holding a total of 4.5566 million shares, accounting for 0.38% of circulating shares, with an estimated floating profit of approximately 3.5086 million yuan [2] - Guangfa Jufeng Mixed A (270005) was established on December 23, 2005, with a latest scale of 3.366 billion yuan, achieving a year-to-date return of 30.78%, ranking 1994 out of 8136 in its category; over the past year, it has returned 26.74%, ranking 2653 out of 8058; and since inception, it has achieved a return of 410.83% [2] - The fund manager of Guangfa Jufeng Mixed A is Su Wenjie, who has a cumulative tenure of 7 years and 36 days, with a total asset scale of 9.734 billion yuan, achieving the best fund return of 167.69% and the worst fund return of 5.18% during his tenure [3]

Investment Rating - The report maintains an "optimistic" rating for the chemical industry [1] Core Views - The chemical sector is expected to experience a turning point with the establishment of synergies between the silicone and caprolactam industries, leading to an upward trend in market conditions and accelerated de-involution [1] - The report highlights the importance of voluntary emission reductions and carbon cuts, with companies planning to maintain a 70% operating rate and adjust production based on market conditions [1] - The report suggests focusing on companies such as Xingfa Group, Luxi Chemical, Dongyue Silicon Materials, and Xin'an Chemical for potential investment opportunities in the silicone sector [1] - In the caprolactam sector, the report recommends monitoring Luxi Chemical, Hualu Hengsheng, and Juhua for their potential to drive profitability recovery [1] Industry Dynamics - Current macroeconomic judgments indicate that oil prices are expected to remain in a relatively loose range, with Brent crude projected between $55-70 per barrel due to delayed OPEC+ production increases and stable demand recovery [2][3] - The report notes that the PPI for all industrial products decreased by 2.1% year-on-year in October, with a slight month-on-month increase of 0.1%, marking the first rise of the year [3] - The manufacturing PMI recorded 49.0 in October, indicating a slowdown in production activities due to various factors, including pre-holiday demand release and a more complex international environment [3] Chemical Sector Configuration - The report suggests a diversified investment strategy across four main chains: textile and apparel, agricultural chemicals, export-related chemicals, and sectors benefiting from de-involution policies [1] - Specific recommendations include focusing on nylon and caprolactam with companies like Luxi Chemical, and on fertilizers with companies like Hualu Hengsheng and Yuntianhua [1] - The report emphasizes the importance of monitoring key materials for growth, particularly in semiconductor materials, OLED panel materials, and lithium battery materials [1]

证券之星消息，11月21日化学制品板块较上一交易日下跌4.39%，东岳硅材领跌。当日上证指数报收于 3834.89，下跌2.45%。深证成指报收于12538.07，下跌3.41%。化学制品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300200 | 高盟新材 | 11.85 | 9.32% | 102.60万 | | 11.97亿 | | 002549 | 凯美特气 | 23.72 | 5.05% | 165.42万 | | 39.53亿 | | 002669 | 康达新材 | 13.99 | 4.87% | 36.64万 | | 5.07亿 | | 002453 | 华软科技 | 8.02 | 4.16% | 144.22万 | | 11.60亿 | | 002971 | 和远气体 | 31.99 | 3.16% | 6.33万 | | 266T | | 603683 | 晶华新材 | 26.40 | 2.25% | 14.66万 | | 3.76亿 ...

Core Viewpoint - The silicon energy sector experienced a decline of 2.66% as of the market close on November 20, with several companies within the sector facing significant losses, while a few showed gains [1]. Group 1: Sector Performance - The silicon energy concept ranked among the top decliners in the market, with companies like Guosheng Technology and Duofluoride hitting their daily limit down [1]. - Notable declines were observed in Dongyue Silicon Material and Furui Shares, while a total of six stocks within the sector saw price increases, with Dawi Shares leading at a 10.00% rise [1]. Group 2: Capital Flow - The silicon energy sector saw a net outflow of 3.952 billion yuan in principal funds, with 43 stocks experiencing net outflows, and 12 stocks seeing outflows exceeding 100 million yuan [2]. - Duofluoride led the outflow with 1.214 billion yuan, followed by Longi Green Energy and Dongyue Silicon Material with outflows of 559 million yuan and 206 million yuan, respectively [2]. Group 3: Individual Stock Performance - The top decliners in the silicon energy sector included Duofluoride (-9.99%), Longi Green Energy (-5.19%), and Dongyue Silicon Material (-9.55%) [3]. - Conversely, the stocks with the highest net inflows included Dawi Shares (36.9686 million yuan), Hebang Bio (16.0748 million yuan), and Yuanxiang New Materials (10.3564 million yuan) [4].

Core Viewpoint - Dongyue Silicon Materials (300821.SZ) specializes in the research, production, and sales of organic silicon materials and does not engage in the fluorochemical sector [1] Company Summary - The company is focused on organic silicon materials, indicating a specific niche within the materials industry [1] - Dongyue Silicon Materials has clarified its operational scope, emphasizing its exclusion from the fluorochemical field [1]

Group 1 - The A-share market is experiencing a continuous decline in the organic silicon concept stocks [1] - Dongyue Silicon Materials has dropped over 8% [1] - Huasheng Lithium Battery has decreased by more than 7% [1] Group 2 - Silica Treasure Technology, Jinhua New Materials, and Sanyou Chemical have all fallen by over 5% [1] - Luxi Chemical, Xin'an Chemical, and Jinyinhai have seen declines of more than 4% [1]

有机硅概念持续走低，东岳硅材跌超8%，硅宝科技、大全能源、三友化工等跟跌。 ...