SANHUA(SZ:002050) Zhi Tong Cai Jing·2025-12-23 02:16Core Viewpoint - Sanhua Intelligent Control (002050) experienced a significant drop in stock price, falling over 5% during trading, with a current price of 33.84 HKD and a trading volume of 876 million HKD. The stock faced a cornerstone lock-up expiration on December 23, releasing approximately 196 million shares from 17 shareholders [1]. Financial Performance - The company released a profit forecast for 2025, expecting a net profit attributable to shareholders of approximately 3.874 billion to 4.649 billion CNY, representing a year-on-year growth of 25% to 50%. The net profit after excluding non-recurring gains and losses is projected to be around 3.679 billion to 4.615 billion CNY, indicating a year-on-year increase of 18% to 48% [1]. Business Segments - The company aims to consolidate its leading position in the refrigeration and air conditioning components sector by leveraging market demand growth opportunities and its technological and production scale advantages for sustained business growth. Additionally, it is expanding its automotive components business through its leading position in the new energy vehicle thermal management sector and exemplary customer effects, which are expected to drive steady growth in quality orders [1].