HK Stock Market Move | CHINA RISUN GP (01907) rose nearly 4%, with expected net profit growth of no less than 335% year-on-year in the first half of the year, as the price spread for fine chemical products widens.

CHINA RISUN GP (01907) rose nearly 4%, as of the time of publication, it was up 3.78%, trading at HKD 1.92, with a transaction volume of HKD 18.4582 million. In terms of news, recently, CHINA RISUN GP announced that the group expects a year-on-year net profit growth of no less than 335% in the first half of 2026. The announcement stated that the net profit increase is mainly attributed to the combined effects of the following factors: an expansion in the price spread for fine chemical products due to rising selling prices and the successful completion of the acquisition of Tianjin Binhai Energy & Development. During this period, the group's price spread for fine chemical products has widened, mainly due to an increase in the price spread of the aromatics production line. The average selling price of caprolactam products increased by 13.3% to approximately RMB 9,701.3 per ton during this period (compared to approximately RMB 8,563.1 per ton in the same period last year), while the average procurement price of benzene, one of the main raw materials for caprolactam, remained largely stable, resulting in an expanded price spread for caprolactam. Additionally, the price spread for other fine chemical products (such as methanol produced from coke oven gas) has also maintained a high level. The widening price spread for fine chemical products is one of the reasons for the year-on-year net profit growth during this period.