---
title: "Understanding the Market | SANHUA fell over 6% in the afternoon, with cornerstone lock-up expiring next week; the company is strategically laying out humanoid robots"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269673263.md"
description: "SANHUA fell more than 6% in the afternoon, and as of the time of writing, it was down 6.1%, trading at HKD 34.2, with a turnover of HKD 346 million. In terms of news, SANHUA will face the unlocking of cornerstone shares on December 23. The company was listed in Hong Kong on June 23 of this year, with a total investment of HKD 4.41 billion from 17 cornerstone investors, accounting for 47.22% of the global offering shares. A recent research report from CICC indicates that the company is deeply engaged in the thermal management technology field, with global capacity layout and management improving quality and efficiency, driving continuous enhancement of industry competitiveness. The demand from emerging industries such as data centers supports the continuous growth of the refrigeration business, while the automotive parts business continues to promote efficiency improvements, and the strategic layout of humanoid robotics aligns with current industrial trends"
datetime: "2025-12-15T06:24:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269673263.md)
  - [en](https://longbridge.com/en/news/269673263.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269673263.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269673263.md) | [繁體中文](https://longbridge.com/zh-HK/news/269673263.md)


# Understanding the Market | SANHUA fell over 6% in the afternoon, with cornerstone lock-up expiring next week; the company is strategically laying out humanoid robots

According to the Zhitong Finance APP, SANHUA (02050) fell more than 6% in the afternoon, and as of the time of publication, it was down 6.1%, trading at HKD 34.2, with a transaction volume of HKD 346 million.

In terms of news, SANHUA will face the unlocking of cornerstone shares on December 23. The company was listed in Hong Kong on June 23 this year, with a total investment of HKD 4.41 billion from 17 cornerstone investors, accounting for 47.22% of the global offering shares. A recent research report from CICC indicated that the company is deeply engaged in the field of thermal management technology, with global capacity layout and management improvements driving continuous enhancement of industry competitiveness. The demand from emerging industries such as data centers supports the continuous growth of the refrigeration business, while the automotive parts business continues to improve efficiency, and the strategic layout of humanoid robotics aligns with current industrial trends

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