Core Viewpoint - Dongyangguang (600673.SH) expects a net profit attributable to shareholders of 847 million to 937 million yuan for the first three quarters of 2025, representing a year-on-year growth of 171.08% to 199.88% [1] Group 1: Industry Overview - The refrigerant industry ecosystem and competitive order continue to optimize during the reporting period [1] - The supply of third-generation refrigerants (HFCs) is limited due to quota controls, while global demand continues to grow, leading to a significant improvement in the supply-demand structure [1] - Refrigerant prices are steadily rising, providing strong support for the company's operating profit [1] Group 2: Company Performance - The company has leveraged its deep technical expertise in electrode foils and capacitors to seize opportunities arising from industry upgrades in rapidly developing sectors such as data centers and energy storage [1] - The company implemented a divisional reform to optimize the coordination of research, production, and sales, enhancing resource allocation efficiency [1] - The upgrade of the major customer department mechanism has improved market responsiveness and service levels [1] - Through precise customer demand research, the company has developed targeted sales strategies to strengthen strategic customer relationships, significantly enhancing market competitiveness and profit margins [1]