Silicone surges today!

The silicone concept was active on the 18th, and many stocks hit their daily limit
.

As of 14:10, Hesheng Silicon, the leading 100 billion silicones, rose 9.
03% to 134.
08 yuan, hitting the daily limit at one time, and the current total market value is 144 billion yuan
.

The 2021 interim report of Hesheng Silicon Industry shows that the company’s main operating income was 7.
702 billion yuan, an increase of 84.
11% year-on-year; net profit attributable to the parent was 2.
372 billion yuan, a year-on-year increase of 428.
26%; non-net profit was 2.
366 billion yuan, a year-on-year increase of 466.
57%; debt ratio was 40.
42% , The investment income is -19,158,800 yuan, the financial expenses are 115 million yuan, and the gross profit rate is 44.
06%
.

It is reported that Hesheng Silicon Industry is currently one of the most complete and largest enterprises in China's domestic organic silicon new materials industry with the most complete industrial chain
.

CICC issued a research report on August 18, maintaining the outperform rating of Hesheng Silicon Industry, with a target price of 140 yuan

Chenhua shares "20cm" daily limit, reported 18.
71 yuan
.

Chenhua is mainly engaged in the research and development, production and sales of new fine chemical materials series products using olefin oxides, fatty alcohols, and siloxanes as main raw materials

Chenhua said that it was selected as the third batch of the Ministry of Industry and Information Technology's third batch of specialization and special new "little giant" enterprise publicity list, marking the company's technology, products, services and future development prospects have been affirmed by relevant government departments
.

It is conducive to improving the company's brand awareness, enhancing core competitiveness, and having a positive impact on the company's overall business development

Xin'an shares daily limit, reported 30.
25 yuan, the current market value of 24.
756 billion yuan
.

Xin'an Co.

In addition, Dongyue Silicon Materials rose sharply.
As of 14:10, Dongyue Silicon Materials rose 19.
96% to 22.
54 yuan, hitting the daily limit twice during the session, and the current total market value reached 27.
048 billion yuan
.

Dongyue Silicon Materials is specialized in the research and development, production and sales of silicone materials.
Its main products include silicone rubber, silicone oil, fumed silica and other downstream deep-processing products of silicone, as well as silicone intermediates, etc.
It is the largest production scale in China's silicone industry One of the enterprises
.

The company has now built and operated two sets of organic silicon monomer production equipment, with an annual production capacity of 300,000 tons of organic silicon monomer (about 141,000 tons of polysiloxane)

It is understood that the price of organic silicon has continued to soar recently
.

According to data from the business agency, on August 11, Inner Mongolia Hengyecheng silicone DMC (first-class product) quoted 31,500 yuan/ton, an increase of 1,000 yuan compared to 30,500 yuan/ton on August 4; Luxi Chemical also made a price adjustment for similar products.

According to the analysis, as silicone companies entered the centralized maintenance period in August, the operating rate in the first half of this month was slightly lower than that in early July.
At the same time, the downstream inventory was gradually reduced, driving the price of silicone to continue to rise in the short term
.

In addition, Dongyue Silicon Material’s 300,000 tons/year organic silicon monomer and 200,000 tons/year organic silicon downstream product deep processing projects have been postponed from the original expected production at the end of 2021 to March 2022, and according to Baichuan Information, the current domestic new capacity plan All have been delayed, and both Stellar and Energy's production capacity are expected to release production after October, and short-term prices are expected to continue to strengthen

CITIC Securities stated in a special report on the silicone industry that China is currently the center of global silicone production.