Recently, Hesheng Silicon Industry released an announcement regarding the pledge and release of some shares of its controlling shareholder and its concerted action parties. Announcement: As of the date of this announcement, Ningbo Hesheng Group Co., Ltd. (hereinafter referred to as "Hesheng Group"), the controlling shareholder of Hesheng Silicon Industry Co., Ltd. (hereinafter referred to as "the Company"), directly holds 486647073 shares of the Company, accounting for 41.16% of the total share capital of the Company; Luo Yedong, the concerted action person of Hesheng Group, directly holds 179406101 shares of the company, accounting for 15.18% of the total share capital of the company. After this pledge, Hesheng Group has cumulatively pledged 243029100 shares, accounting for 49.94% of its shareholding and 20.56% of the company's total share capital; Luo Yedong has pledged a total of 88843500 shares, accounting for 49.52% of his holdings and 7.52% of the company's total share capital. As of the date of this announcement, Hesheng Group and its concerted action parties Luo Liguo, Luo Yi, and Luo Yedong directly hold a total of 869105229 shares of the company's stock, accounting for 73.52% of the company's total share capital. After this pledge, the cumulative number of shares directly held by Hesheng Group and its concerted action parties Luo Liguo, Luo Yi, and Luo Yedong in a pledged state is 433793200 shares, accounting for 49.91% of their total holdings of company shares and 36.69% of the company's total share capital.
Rising, the domestic silicone market showed active performance on Tuesday, with DMC and platinum rubber prices continuing to rise. Monitoring data shows that after experiencing a stable operation in the early stage, the raw rubber contract has recently opened up an upward channel. Although the increase is still moderate, the market's bullish sentiment is gradually heating up. In terms of quotations from cargo holders: the price of raw rubber in Guangdong region has been raised by 100-200 yuan/ton; The price in East China has risen by 100 yuan/ton synchronously, and the current mainstream quotation range is concentrated between 12500-13500 yuan/ton; DMC manufacturer dynamics: Mainstream enterprises such as Xin'an, Xingfa, Dongyue, etc. have generally raised the DMC ex factory price by 100 yuan/ton today, with a quotation range of 11500-11800 yuan/ton. At the same time, the price of platinum grade PT99.95 also performed strongly, with a significant increase of 6% during trading, becoming the focus of market attention. Market outlook: It is widely expected in the industry that as some devices enter maintenance and cost support strengthens, the organic silicon industry is expected to open a "production reduction and price increase" window again by the end of the year, and prices may have further upward space.
Analysis of the raw rubber market: Cost support is gradually strengthening, and the market's wait-and-see sentiment still exists! Recently, the raw rubber market has shown a moderate upward trend, with cost support gradually increasing. However, the pace of demand recovery is slow, and the overall operation of the market remains cautious.
Fundamental analysis: Leading companies in Xinjiang have recently released limited fundamental guidance, but signals of reduced production and price increases have been transmitted from the raw material side, and cost support has been strengthened, providing some impetus for sustained price increases. The current offer range for raw rubber contracts is 12500-12700 yuan/ton, with some manufacturers in certain regions raising their ex factory prices by 100-200 yuan/ton, reflecting an increase in supply side willingness to raise prices.
From the perspective of supply and demand structure, due to the impact of some equipment maintenance and flexible production arrangements of enterprises, the overall operating rate of the industry has fallen, and the pressure on manufacturers to ship is not significant, supporting the bottom of prices. The inquiry atmosphere in various regions has slightly improved, and downstream purchasing willingness is gradually increasing. However, the actual transaction price is still generally lower than the expected quotation, reflecting that the recovery of demand is still unstable.
In terms of market mentality: Although the current bullish sentiment is accumulating, most downstream companies are still cautious and cautious, with a focus on restocking for essential needs. Large scale stocking behavior has not yet emerged. The raw rubber market still faces the triple dilemma of "cost rigidity, weak demand, and overcapacity", and the recovery pace of the industry is expected to be relatively slow.
Market outlook: In the short term, the combination of cost support and supply contraction will continue to support the bottom price, but if there is no significant improvement on the demand side, the upward space will still be limited. It is expected that the price of raw rubber will mainly fluctuate and become stronger.