Changes in Hong Kong stocks | Sanhua Intelligent Control (02050) fell more than 3%, Xiaomo believes the market is overly pessimistic about the company's new business visibility and production capacity increase

The Zhitong Finance App learned that Sanhua Intelligent Control (02050) fell by more than 3%. As of press release, it was down 2.98% to HK$24.72, with a turnover of HK$338.36 million.

According to the news, Komo released a research report stating that the updated Sanhua intelligent control model forecast believes that the market is overly pessimistic about the visibility of its new business and the increase in production capacity. Komo believes that the demand for liquid cooling and cooling driven by global warming and artificial intelligence, and the robotics business is shifting from technical verification to commercialization, will be the driving force for the company's structural growth in the next few years. The bank predicts that Sanhua Intelligent Control's profit will record a 25% increase next year, and the compound annual profit growth rate between 2026 and 28 is expected to be about 20%.

According to the report, Sanhua Intelligent Control's management positioned the robot as the third growth curve. Currently, US customers are promoting faster delivery, production capacity construction has begun, and positive feedback from core customers has been received. The liquid cooling business also accelerated. In the first half of this year, data center liquid cooling revenue increased by more than 50% year-on-year, with sales of about 1 billion yuan, accounting for about 10% of the refrigeration components business segment revenue, and was delivered in batches to cloud service providers in North America, mainland China, and first-line customers in Taiwan. The product portfolio covers valves, pumps, sensors and cold plates, etc. Some products have a value of 50,000 to 100,000 yuan per unit.