
Sanhua (Zhejiang Sanhua Intelligent Controls Co., Ltd.) is a leading global manufacturer of refrigeration control components and automotive thermal management parts. Founded in Zhejiang in 1994 and listed on the Shenzhen Stock Exchange in 2005 (002050), it reported revenue of RMB 31.012 billion in 2025 and has entered the embodied AI supply chain with electromechanical actuators for bionic robots.
The company traces its origin to Sanhua Buer Machine Industry Co., Ltd., established in 1994. It listed on the Shenzhen Stock Exchange in June 2005 and on the Main Board of the Hong Kong Stock Exchange in June 2025 (02050.HK), giving it an A+H dual-listing platform, with net proceeds of about HKD 9.177 billion from the Hong Kong offering. Revenue reached RMB 31.012 billion in 2025 with net profit attributable to shareholders of RMB 4.063 billion. Sanhua Holding Group is the controlling shareholder with a 22.54% stake.
The refrigeration and appliance components business covers four-way reversing valves, electronic expansion valves, solenoid valves, microchannel heat exchangers and Omega pumps for HVAC, home appliances and cold chain applications. The automotive business focuses on thermal management, including refrigerant valves, heat exchangers, pumps, water valves and integrated thermal management assemblies for new energy vehicles. In robotics the company focuses on electromechanical actuators for bionic robots, sharing control principles and manufacturing processes with its existing products, with harmonic reducers and coreless motors among the key components.
Sanhua ranks among the world's leading suppliers of refrigeration control components and automotive thermal management parts, holding 4,680 granted patents at home and abroad, with more than 19,000 employees worldwide and over 3,600 R&D staff. In embodied AI the market sees the company as a supplier of actuators for Tesla's humanoid robot.
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