Xin Lang Cai Jing·2025-10-16 01:39Core Viewpoint - The rumors regarding Sanhua Intelligent Control receiving a large order for robots from Tesla are confirmed to be false, and the company has not disclosed any significant undisclosed matters [1][5]. Group 1: Market Reaction - Following the rumors, Sanhua Intelligent Control's market capitalization surged by nearly 40 billion RMB, with A-shares hitting a closing price of 44.18 RMB per share and a trading volume of 11.98 billion RMB, resulting in a total market value of 1860 billion RMB [1][5]. - The company's Hong Kong shares also experienced a significant increase, closing at 39.52 HKD per share, with a rise of 12.98% and a total market value of 1646.31 billion HKD [1][5]. Group 2: Company Background - Sanhua Intelligent Control, founded in Shaoxing, Zhejiang, is the largest manufacturer of refrigeration control components globally and a leading supplier of automotive air conditioning and thermal management system components [11]. - The company has been a tier-one supplier for Tesla since 2017, providing core components for thermal management systems for various Tesla models [11]. - Sanhua has expanded its collaboration with Tesla to include integrated components for new energy vehicles since 2020 [11]. Group 3: Industry Context - The humanoid robot market is gaining traction, with Elon Musk stating that approximately 80% of Tesla's long-term value will come from humanoid robots like Optimus [12]. - Tesla plans to launch the third generation of Optimus by the end of 2025 and begin mass production in 2026 [12].