On July 21, Sanhua Intelligent Controls rose 3.05% in regular trading, trading at 26.34 HKD/share, with turnover of HKD 135 million. The rebound follows a significant A-share selloff on July 20 when the stock hit the 10% daily limit down.

On the news front, the company announced on July 20 that controlling shareholder Sanhua Holdings Group proposed a buyback of A-shares using the company's own funds, totaling 200 million to 400 million yuan, with a price cap of 60 yuan per share. The repurchased shares would be used for subsequent equity incentive plans or employee stock ownership programs. The proposal covers up to 6.7 million shares, representing approximately 0.16% of total equity.

The buyback proposal comes after the A-share price plunged 9.13% on July 20 amid broader robotics sector profit-taking triggered by Unitree Robotics' IPO registration approval. The controlling shareholder's timely proposal signals confidence in the company's intrinsic value, providing short-term sentiment repair. However, the matter still requires board approval, introducing some uncertainty.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)