HK Stock Market Move | Befar Group (06745) rises more than 13% to reach a new high in the market. Binhe Chemical Group's electronic grade 6N high-purity hydrogen fluoride gas project has been put into production.

Befar Group (06745) surged over 13% in early trading, reaching a high of 3.42 Hong Kong dollars, setting a new record high. As of the time of writing, it was up 12.29% at 3.38 Hong Kong dollars, with a turnover of 45.8588 million Hong Kong dollars. On the news front, on July 19th, Binhua Group held a production launch and new product release conference for electronic-grade high-purity hydrogen fluoride gas. Binhua Group has achieved a breakthrough in technology in four aspects: process, engineering, testing, and filling, realizing closed-loop control of preparation, production, analysis, and packaging. The quality of high-purity hydrogen fluoride products for the semiconductor industry has reached the 6N level (99.9999%), reaching an international first-class level. Public information shows that 6N-grade high-purity hydrogen fluoride is a necessity for advanced processes of 28 nanometers and below. China has long relied on imports, with foreign companies monopolizing around 80% of the global market share of 6N high-purity hydrogen fluoride. Currently, the market price for 6N-grade high-purity hydrogen fluoride is above 2 million yuan per ton. Binhua has completed the construction and commissioning of a 50-ton/year high-purity hydrogen fluoride cylinder filling line and obtained a gas cylinder filling license issued by the Shandong Provincial Quality Inspection Institute. It has a complete production, filling, and sales procedures and has begun to promote its products to key customers domestically and internationally.