Zhejiang Sanhua Intelligent Controls (02050) announced its semi-annual performance, with a net profit attributable to shareholders of 2.11 billion yuan, an increase of 39.31% year-on-year.

Zhejiang Sanhua Intelligent Controls (02050) announced its interim performance for the six months ending on June 30, 2025. The group achieved a revenue of 16.263 billion yuan (same unit), an increase of 18.91% year-on-year; the profit attributable to the owners of the company was 2.1 billion yuan, an increase of 39.31% year-on-year; earnings per share were 0.57 yuan, with a cash dividend of 1.20 yuan per 10 shares (including tax). The announcement stated that the increase in revenue was mainly due to the sales of refrigeration and air conditioning appliance components, as well as automotive parts driving the group's revenue growth. The profit attributable to the owners of the company increased by 39.3% compared to the same period last year, mainly due to sales growth and effective cost control. During the first half of 2025, the company actively adjusted its market strategy, consolidated major customers, strengthened overseas market layout, seized high-growth opportunities, grasped technological frontiers, and expanded core product application scenarios. It maintained its dominant market share position by supplying electronic expansion valves and solenoid valves almost exclusively for air conditioners, and promoted the marketization of iterative products. Moreover, the company developed key market projects, advanced market research, significantly reduced costs and increased efficiency, steadily increased market share. Additionally, the company continuously adjusted its sales strategy, optimized product sales structure, actively promoted cost reduction and increased efficiency, planned and implemented negotiations for the sharing of American tariffs, optimized global production capacity layout, further consolidated product competitiveness, and maintained a high overall gross profit margin.