SANHUA (02050) surged 5.58% during intraday trading on Friday, driven by optimistic financial forecasts and robust growth across its business segments. Northeast Securities initiated coverage on the stock with an "Add" rating, projecting significant revenue and profit growth for 2025-2027.

The company's traditional refrigeration business has shown remarkable performance, growing 25.5% year-on-year in H1 2025, supported by global low-carbon policies and AI-driven demand for liquid cooling components. Additionally, its automotive components business is recovering, with diversified clients like General Motors and European automakers reducing reliance on Tesla.

Strategic initiatives in the humanoid robot sector, including a partnership with Tesla and production capacity setup in Thailand, further bolster long-term growth prospects. These factors collectively contributed to the stock's upward movement.