Sanhua shares sank 5.7% in Hong Kong.

Sanhua announced that it has recently noticed numerous rumors on online media about the group securing large robot orders. After verification, the rumors about Sanhua Intelligent Controls obtaining large robot orders are untrue.

Media outlets across China have recently reported that Tesla has placed a $685 million (5 billion RMB) order for linear actuators from Sanhua Intelligent Controls. The components will reportedly be used for the production of Optimus, which will likely be mass-produced in its V3 iteration. The reports claimed that the delivery of the actuators will likely start sometime in the first quarter of 2026.