Sanhao Control Surges Over 6% as Goldman Sees Growth Potential in Humanoid Robot Executioner Field

Sanhao Control (02050) surged over 8% during the day, hitting a new high of HK$30.82, with a gain of 6.13%, closing at HK$30.14 and trading volume reaching HK$2.48 billion.

Goldman Sachs notes that Sanhao is a global leader in warm air conditioning control and heat management components, seeing growth potential in the humanoid robot executioner field, which is built on its solid global market leadership in warm air conditioning components and electric vehicle heat management components. The firm expects Sanhao's revenue and net profit to grow at an average annual compound rate of 19% from 2025 to 2030. Goldman believes that humanoid robots are a key long-term technological trend, with Sanhao as a high-profile executioner assembler likely to play a crucial role in the supply chain, predicting that this business segment will contribute 25% and 18% to total revenue and net profit respectively by 2030.