---
title: "Dongyue Group surges 8% as subsidiary restarts STAR Market IPO coaching"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295624142.md"
description: "Dongyue Group surged 8% in Hong Kong as subsidiary restarted STAR Market IPO coaching, its fourth attempt in seven years."
datetime: "2026-08-12T06:55:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295624142.md)
  - [en](https://longbridge.com/en/news/295624142.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295624142.md)
generator: "portal-rs"
---

# Dongyue Group surges 8% as subsidiary restarts STAR Market IPO coaching

Dongyue Group (189.HK) surged more than **8%** in Hong Kong trading to **HK$13.95**. The company's subsidiary, Shandong Dongyue Future Hydrogen Energy Materials Co. (Future Materials), has restarted its STAR Market IPO coaching process with CITIC Securities as the sponsor — the fourth attempt at an A-share listing in seven years. Future Materials withdrew its application in late June and resubmitted the coaching filing just one month later.

Dongyue earlier issued a profit alert, forecasting first-half 2026 net profit growth of more than 31% year-over-year, driven by higher product prices. The interim results are scheduled for official release on August 20.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**