Lates News

Goldman Sachs published a report stating that they have initiated coverage of Sanhua Intelligent Control with a "buy" rating and a target price of 33.2 Hong Kong dollars. The bank believes that Sanhua is a global leader in HVAC control and thermal management components, and sees potential for growth in the field of humanoid robot actuators, building on its solid global market leadership in HVAC components and electric vehicle thermal management components. Goldman Sachs expects Sanhua's revenue and net profit to grow at an average annual compound rate of 19% from 2025 to 2030. The bank views humanoid robots as an important long-term technological trend, and believes that Sanhua, as a highly visible actuator assembler, is likely to play a key role in the supply chain. The bank predicts that by 2030, this business segment will contribute 25% and 18% of total revenue and net profit.