300821, 20% limit-up in 1 minute! Igniting the chemical industry sector!

Chemical sector stocks trigger a surge in daily limit-up moves.

In China’s A-share market today (April 7) this morning, major indexes saw mixed gains and losses. The basic chemical industry segment surged significantly, becoming one of the main highlights of the morning market.

Basic chemical industry segment sparks a wave of daily limit-ups

In the A-share market this morning, major indexes traded with gains and losses. As of the morning close, the Shanghai Composite Index rose 0.03%, the Shenzhen Component Index fell 0.20%, the ChiNext Index fell 0.46%, and the STAR Market Composite Index rose 0.74%.

On the trading board, if categorized by Shenwan Level 1 industries, the basic chemical industry segment rallied sharply, with a sector gain of more than 2.6%. Among them, Dongyue Silicones (300821) hit the daily limit just 1 minute after the open, Lingwei Technology then also pushed up to a 20% limit-up. In addition, around 20 stocks including Xinghua Shares, Chitianhua, Youfu Shares, and Liuzhu Shares all saw 10% daily limit-ups.

In terms of developments, Dongyue Silicones released a performance forecast announcement for the first quarter of 2026 late Friday last week. The announcement shows that the company expects net profit attributable to shareholders of listed companies in the first quarter of 2026 to be between 183 million and 203 million yuan, up 397.02%—451.34% year over year.

Regarding the reasons for the changes in performance, Dongyue Silicones said that since December 2025, driven by improvements in the market environment and industry supply-demand patterns, prices of major products in the organosilicon industry have risen and returned to a reasonable range, and the company’s gross margin on its products has increased markedly. In addition, the company has continued to advance refined management and internal cost-reduction efforts to keep production operating steadily, effectively control cost and expense levels, and further enhance profitability. Moreover, for the reporting period, the company expects non-recurring gains and losses to impact net profit attributable to shareholders of listed companies by an amount of around 22 million yuan, mainly due to items such as gains and losses from the disposal of non-current assets.

The agriculture, forestry, and animal husbandry sector strengthened, with a sector gain of also more than 2%. Shanghai Lian Bio saw a 20% limit-up. China Animal Husbandry, Giant Star Animal Husbandry, and other stocks also hit limit-ups.

On other sectors, oil and petrochemicals, coal, and electronics led in gains; communications, automobiles, and banking led in declines.

Cambricon’s stock price surges

At the individual-stock level, Cambricon’s stock price surged this morning. As of the morning close, Cambricon shares were up more than 10%, quoted at 1137.78 yuan per share, with a total market value of nearly 480 billion yuan.

Notably, Cambricon’s stock price has again surpassed Yuanjie Technology and has returned to become the “runner-up” stock price in the A-share market, only behind Kweichou Moutai.

This morning, Kweichou Moutai’s stock price fell 0.32%, while Yuanjie Technology’s stock price fell 3.11%.

Proofread by: Wang Chaquan