The Zhitong Finance App learned that Sanhua Intelligent Control (02050) fell more than 6% in the afternoon. As of press release, it was down 6.1% to HK$34.2, with a turnover of HK$346 million.
According to the news, Sanhua Intelligent Control will welcome the lifting of the Hong Kong stock cornerstone ban on December 23. The company was listed in Hong Kong on June 23 this year. The total investment amount of the 17 Cornerstones companies reached HK$4.41 billion, accounting for 47.22% of the shares sold globally. According to a recent research report by Pioneer Securities, the company is deeply involved in the field of thermal management technology, improving the quality and efficiency of global production capacity layout and management to drive the continuous improvement of the competitiveness of the industry. Demand from emerging industries such as data centers has helped the refrigeration business continue to grow, the auto parts business continues to improve efficiency, and the strategic layout of the humanoid robot business is in line with current industry trends.