UBS maintains a 'Buy' rating for DONGYUE GROUP due to its strong net profit growth of 102% year-on-year and a gross profit increase of 44%. Although UBS has slightly lowered its EPS forecast for 2026 to 2028 and reduced the target price, it expects the company's profitability in the polymer and silicone sectors to improve, while the refrigerant business is anticipated to remain strong.
