SANHUA(SZ:002050) Zhi Tong Cai Jing·2025-12-29 02:54Core Viewpoint - Sanhua Intelligent Control (02050) has seen a stock price increase of over 4% during trading, currently up 3.83% at HKD 34.72, with a trading volume of HKD 265 million [1] Financial Performance - The company expects a net profit attributable to shareholders of approximately HKD 3.874 billion to HKD 4.649 billion for 2025, representing a year-on-year growth of 25% to 50% [1] - The net profit excluding non-recurring gains and losses is projected to be around HKD 3.679 billion to HKD 4.615 billion, with a year-on-year growth of 18% to 48% [1] Growth Prospects - According to Guotai Junan Securities, the company is actively expanding into new fields and steadily increasing production capacity, with expected annual growth rates of 20% to 30% in the coming years [1] - The company has announced a share buyback plan with an investment of HKD 300 million to HKD 600 million, having repurchased HKD 106 million worth of shares by the end of November, indicating potential positive effects on stock prices [1] Robotics Development - The company is optimistic about the future of robotics and is leveraging close partnerships with major clients to enter the robotics actuator market [1] - A robotics division was established this year, with increased R&D investment in robotics-related products [1] - The company plans to allocate 10% of its IPO proceeds (approximately HKD 700 million) to the robotics business and aims to hire 200 additional R&D personnel over the next three years [1] - Collaboration with major clients is ongoing for R&D and trial production, with expectations for mass production of client robotics products by 2026, indicating a potential breakthrough in the robotics business [1]