SANHUA(SZ:002050) Ge Long Hui·2025-08-08 03:56Core Viewpoint - Goldman Sachs initiates coverage on Sanhua Intelligent Control with a "Buy" rating and a target price of HKD 33.2, highlighting its leadership in HVAC control and thermal management components, as well as growth potential in humanoid robot actuators [1] Group 1: Company Overview - Sanhua is recognized as a global leader in HVAC control and thermal management components [1] - The company is expected to leverage its strong market position in HVAC and electric vehicle thermal management to drive future growth [1] Group 2: Growth Projections - Goldman Sachs forecasts a compound annual growth rate (CAGR) of 19% for Sanhua's revenue and net profit from 2025 to 2030 [1] - The humanoid robot actuator segment is anticipated to contribute 25% of total revenue and 18% of net profit by 2030 [1]