浙商汇金先进制造混合（013145）基金经理为王霆。 截至发稿，王霆累计任职时间6年132天，现任基金资产总规模3560.5万元，任职期间最佳基金回报 82.1%， 任职期间最差基金回报6.09%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 10月10日，三花智控跌5.02%，截至发稿，报46.91元/股，成交51.00亿元，换手率2.89%，总市值 1974.41亿元。 资料显示，浙江三花智能控制股份有限公司位于浙江省绍兴市新昌县澄潭街道沃西大道219号三花工业 园区办公大楼,香港湾仔皇后大道东183号合和中心46楼，成立日期1994年9月10日，上市日期2005年6月 7日，公司主营业务涉及浙江三花智能控制股份有限公司是一家主要从事制冷空调电器零部件业务和汽 车零部件业务的中国公司。该公司通过两个分部运营业务。制冷空调电器零部件业务分部从事建筑暖通 (HVAC)、电器设备专业化经营,主要产品包括四通换向阀、电子膨胀阀、电磁阀、微通道换热器、 ...

10月10日，三花智控跌5.02%，截至发稿，报46.91元/股，成交50.71亿元，换手率2.87%，总市值 1974.41亿元。 资料显示，浙江三花智能控制股份有限公司位于浙江省绍兴市新昌县澄潭街道沃西大道219号三花工业 园区办公大楼,香港湾仔皇后大道东183号合和中心46楼，成立日期1994年9月10日，上市日期2005年6月 7日，公司主营业务涉及浙江三花智能控制股份有限公司是一家主要从事制冷空调电器零部件业务和汽 车零部件业务的中国公司。该公司通过两个分部运营业务。制冷空调电器零部件业务分部从事建筑暖通 (HVAC)、电器设备专业化经营,主要产品包括四通换向阀、电子膨胀阀、电磁阀、微通道换热器、 Omega泵等。汽车零部件业务分部专注于汽车热管理领域的深入研究,主要产品包括热力膨胀阀、电子 膨胀阀、电子水泵、新能源车热管理集成组件等。该公司主要在中国国内和海外市场开展业务。主营业 务收入构成为：制冷空调电器零部件63.88%，汽车零部件36.12%。 从基金十大重仓股角度 数据显示，汇丰晋信基金旗下1只基金重仓三花智控。汇丰晋信龙头优势混合A（016285）二季度增持 6400股，持有股数6.89 ...

Core Viewpoint - Sanhua Intelligent Controls has shown significant stock performance with a year-to-date increase of 104.39%, indicating strong market interest and potential growth in the HVAC and automotive parts sectors [1][3]. Company Overview - Sanhua Intelligent Controls, established on September 10, 1994, and listed on June 7, 2005, operates primarily in the HVAC and automotive parts sectors, with a revenue composition of 63.88% from HVAC components and 36.12% from automotive parts [2]. - The company is headquartered in Shaoxing, Zhejiang Province, China, and has a diverse product range including four-way valves, electronic expansion valves, and thermal management components for vehicles [2]. Financial Performance - For the first half of 2025, Sanhua Intelligent Controls reported a revenue of 16.263 billion yuan, reflecting an 18.91% year-on-year growth, and a net profit of 2.110 billion yuan, which is a 39.31% increase compared to the previous year [3]. - The company has distributed a total of 8.321 billion yuan in dividends since its A-share listing, with 3.135 billion yuan distributed over the last three years [4]. Shareholder Information - As of June 30, 2025, the number of shareholders increased to 258,000, with an average of 14,231 shares held per shareholder, a decrease of 3.97% from the previous period [3]. - Major institutional shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable changes in their holdings [4].

数据显示，长信基金旗下1只基金重仓三花智控。长信低碳环保量化股票A（004925）二季度持有股数 30.57万股，占基金净值比例为2.34%，位居第十大重仓股。根据测算，今日浮盈赚取约69.39万元。 长信低碳环保量化股票A（004925）成立日期2017年11月9日，最新规模2.65亿。今年以来收益 44.39%，同类排名909/4220；近一年收益70.8%，同类排名887/3835；成立以来收益94.3%。 9月29日，三花智控涨5.26%，截至发稿，报45.39元/股，成交43.29亿元，换手率2.63%，总市值1910.43 亿元。 资料显示，浙江三花智能控制股份有限公司位于浙江省绍兴市新昌县澄潭街道沃西大道219号三花工业 园区办公大楼,香港湾仔皇后大道东183号合和中心46楼，成立日期1994年9月10日，上市日期2005年6月 7日，公司主营业务涉及浙江三花智能控制股份有限公司是一家主要从事制冷空调电器零部件业务和汽 车零部件业务的中国公司。该公司通过两个分部运营业务。制冷空调电器零部件业务分部从事建筑暖通 (HVAC)、电器设备专业化经营,主要产品包括四通换向阀、电子膨胀阀、电磁阀、微通道换 ...

数据显示，万家基金旗下1只基金重仓三花智控。万家国证新能源车电池指数发起式A（018379）二季 度增持1.63万股，持有股数8.51万股，占基金净值比例为6.11%，位居第四大重仓股。根据测算，今日 浮盈赚取约19.32万元。 万家国证新能源车电池指数发起式A（018379）成立日期2023年4月27日，最新规模2047.62万。今年以 来收益52.25%，同类排名478/4220；近一年收益77.53%，同类排名725/3835；成立以来收益19.32%。 万家国证新能源车电池指数发起式A（018379）基金经理为李自龙。 9月29日，三花智控涨5.26%，截至发稿，报45.39元/股，成交43.27亿元，换手率2.63%，总市值1910.43 亿元。 资料显示，浙江三花智能控制股份有限公司位于浙江省绍兴市新昌县澄潭街道沃西大道219号三花工业 园区办公大楼,香港湾仔皇后大道东183号合和中心46楼，成立日期1994年9月10日，上市日期2005年6月 7日，公司主营业务涉及浙江三花智能控制股份有限公司是一家主要从事制冷空调电器零部件业务和汽 车零部件业务的中国公司。该公司通过两个分部运营业务。制冷空调电 ...

Group 1 - The core viewpoint of the news is that Sanhua Intelligent Controls has seen a significant increase in stock price, with a rise of 5.17% to 45.19 CNY per share, and a total market capitalization of 190.2 billion CNY [1] - Sanhua Intelligent Controls, established on September 10, 1994, and listed on June 7, 2005, operates primarily in the HVAC and automotive parts sectors, with revenue composition of 63.88% from HVAC components and 36.12% from automotive components [1] - The company is headquartered in Shaoxing, Zhejiang Province, and has a diverse product range including four-way valves, electronic expansion valves, and components for thermal management in vehicles [1] Group 2 - Fidelity's Low Carbon Growth Mixed A Fund holds a significant position in Sanhua Intelligent Controls, with 132,000 shares representing 4.06% of the fund's net value, making it the fifth-largest holding [2] - The fund has achieved a year-to-date return of 35.11%, ranking 2355 out of 8172 in its category, and has a total asset size of 55.6277 million CNY [2] - The fund manager, Nie Yixiang, has been in position for over 8 years, with the best fund return during his tenure being 135.58% [3]

Core Viewpoint - The surge in the stock price of Sanhua Intelligent Control is attributed to the booming humanoid robot sector, with the company becoming a "star stock" in the capital market, reaching a market capitalization of 191.7 billion yuan [1][2]. Stock Performance - On September 18, Sanhua Intelligent Control's stock hit a record high of 46.09 yuan per share, closing at 45.55 yuan, marking an 8.71% increase [1][2]. - The stock has seen a cumulative increase of 72.21% since August and 95.83% since the beginning of 2025 [2]. - The Hong Kong stock also experienced a significant rise, with a peak increase of over 13%, closing at 40.92 HKD, and a market cap of 172.2 billion HKD [2]. Industry Context - The recent surge in the humanoid robot industry is linked to multiple positive developments, including Elon Musk's significant investment in Tesla and the company's ambitious goal of delivering 1 million humanoid robots within ten years [3]. - Tesla's "Master Plan 4" emphasizes AI and robotics, indicating a strong commitment to the humanoid robot sector, which has sparked investor enthusiasm across the market [3]. Company Background - Sanhua Intelligent Control has a history of diversification, initially starting with air conditioning and automotive components, and has recently ventured into humanoid robotics [4][9]. - The company has established a joint venture focused on harmonic reducers and plans to invest at least 5 billion yuan in a new robotics research and production facility [4]. Financial Performance - For the first half of 2025, Sanhua Intelligent Control reported revenues of 16.263 billion yuan, a year-on-year increase of 18.91%, with a net profit of 2.11 billion yuan, up 39.31% [12]. - The company's revenue from its refrigeration business accounted for 63.88% of total revenue, while the automotive parts segment contributed 36.12% [9][12]. Shareholder Composition - A significant number of funds hold shares in Sanhua Intelligent Control, with 838 funds collectively owning 460 million shares valued at 12.155 billion yuan [5][4]. Leadership Transition - The management of Sanhua Intelligent Control has transitioned from Zhang Daocai to his son Zhang Yabo, who has been involved in the company for many years and has taken on leadership roles since 2012 [10][11].

Core Viewpoint - Sanhua Intelligent Control has experienced a significant stock price increase, with a 21.45% rise over three consecutive days, indicating strong market interest and potential investor confidence in the company [1]. Company Overview - Sanhua Intelligent Control Co., Ltd. is based in Shaoxing, Zhejiang Province, China, and was established on September 10, 1994. It was listed on June 7, 2005. The company primarily engages in the manufacturing of components for refrigeration and air conditioning, as well as automotive parts [1]. - The company operates through two main segments: the refrigeration and air conditioning components segment, which accounts for 63.88% of revenue, and the automotive components segment, which contributes 36.12% [1]. Stock Performance - As of September 18, the stock price of Sanhua Intelligent Control rose by 5.13% to 44.05 CNY per share, with a trading volume of 55.39 billion CNY and a turnover rate of 3.46%. The total market capitalization reached 1854.03 billion CNY [1]. - The stock has shown a cumulative increase of 21.45% over the last three days [1]. Fund Holdings - Longxin Fund holds a significant position in Sanhua Intelligent Control, with its Longxin Low Carbon Environmental Quantitative Stock A fund (004925) owning 30.57 million shares, representing 2.34% of the fund's net value. The fund has realized a floating profit of approximately 65.72 million CNY today and 226.2 million CNY during the three-day increase [2]. - The Longxin Low Carbon Environmental Quantitative Stock A fund was established on November 9, 2017, and has a current scale of 2.65 billion CNY. It has achieved a year-to-date return of 40.68% and a one-year return of 79.59% [2]. Fund Manager Performance - The fund manager, Yao Yifan, has been in position for 3 years and 235 days, with a total fund size of 28.95 billion CNY. The best return during this period was 44.72%, while the worst was -37.37% [3]. - Co-manager Yuan Jie has been in position for 163 days, managing a fund size of 4.91 billion CNY, with a best return of 55.75% and a worst return of 2.2% during their tenure [3].

Core Viewpoint - Sanhua Intelligent Controls experienced a 5.22% increase in stock price, reaching 36.30 CNY per share, with a trading volume of 3.121 billion CNY and a market capitalization of 152.784 billion CNY as of September 15 [1] Company Overview - Sanhua Intelligent Controls, established on September 10, 1994, and listed on June 7, 2005, is based in Shaoxing, Zhejiang Province, China [1] - The company primarily engages in the manufacturing of refrigeration and air conditioning electrical components and automotive components [1] - The business operates through two segments: refrigeration and air conditioning electrical components (63.88% of revenue) and automotive components (36.12% of revenue) [1] Fund Holdings - One fund under Dongfang Fund has a significant holding in Sanhua Intelligent Controls, specifically the Dongfang New Energy Vehicle Theme Mixed Fund (400015), which increased its holdings by 918,700 shares in Q2, totaling 12.509 million shares, representing 4.2% of the fund's net value [2] - The fund has achieved a year-to-date return of 36.14% and a one-year return of 71.57%, ranking 1871 out of 8246 and 1488 out of 8054 respectively [2] Fund Manager Information - The fund manager of Dongfang New Energy Vehicle Theme Mixed Fund is Li Rui, who has been in the position for 7 years and 277 days [3] - Under Li Rui's management, the fund has achieved a best return of 91.72% and a worst return of -13.72% [3]

Core Viewpoint - Company achieved significant growth in revenue and net profit in the first half of 2025, driven by the expansion of its electric vehicle (EV) business and effective market strategies in the refrigeration sector [5][10]. Financial Performance - In H1 2025, the company reported revenue of 16.26 billion yuan, a year-on-year increase of 18.9%, and a net profit of 2.11 billion yuan, up 39.3% [5][6]. - In Q2 2025, revenue reached 8.59 billion yuan, reflecting an 18.8% year-on-year growth and a 12.1% quarter-on-quarter increase, with net profit at 1.21 billion yuan, up 39.2% year-on-year and 33.6% quarter-on-quarter [5][6]. Profitability Improvement - The company’s gross profit margin for H1 2025 was 28.12%, an increase of 0.66 percentage points year-on-year, while the net profit margin was 13.15%, up 2.02 percentage points [2][6]. - In Q2 2025, the gross profit margin improved to 29.27%, a year-on-year increase of 1.44 percentage points and a quarter-on-quarter increase of 2.44 percentage points [2][6]. Business Segments - The refrigeration business generated revenue of 10.39 billion yuan in H1 2025, a 25.5% increase year-on-year, while the automotive parts business brought in 5.87 billion yuan, an 8.8% increase [5][10]. - The company holds the global market leader position in several thermal management products, including electronic expansion valves and heat exchangers [3][9]. Global Expansion Strategy - The company is actively expanding its global footprint with manufacturing bases in Vietnam, Mexico, and Thailand to mitigate tariff challenges and enhance local service capabilities [3][12]. - Ongoing construction of new factories in Mexico and Poland, along with domestic facilities, aims to support the global supply chain [13][12]. Technological Advancements - The company is focusing on technological improvements in its robotics segment, enhancing product capabilities and receiving positive feedback from clients [18]. - A strategic partnership with Suzhou Green's Harmonic Drive Technology Co., Ltd. aims to strengthen the robotics supply chain through joint ventures [18]. Market Outlook - The company anticipates significant growth in its EV thermal management products, projecting revenue of 10.45 billion yuan in 2024, a 17.1% increase year-on-year, with a strong focus on the EV market [10][15].