SANHUA (02050) surged over 10% in early trading. As of press time, the stock rose 10.78% to HK$32.48 with trading volume of HK$233 million.

On the news front, Hang Seng Indexes Company recently announced the results of its Hang Seng Index Series review as of Q2 2025, with all changes taking effect from Monday, September 8. SANHUA was included as a constituent stock of the Hang Seng Composite Index.

Previously, SANHUA released its interim results for the six months ended June 30, 2025. The group achieved revenue of RMB 16.263 billion, representing a year-on-year increase of 18.91%. Profit attributable to owners of the company reached RMB 2.11 billion, up 39.31% year-on-year. Earnings per share stood at RMB 0.57, with a cash dividend of RMB 1.20 per 10 shares (before tax).

Cathay Pacific Haitong International noted that in H1 2025, SANHUA's refrigeration and air conditioning components business generated operating revenue of RMB 10.389 billion, up 25% year-on-year, while the automotive components business recorded operating revenue of RMB 5.874 billion, up 9% year-on-year. Benefiting from the high prosperity in home appliances and export rush to the US market in H1 2025, the refrigeration components business performed strongly, with the company's overseas revenue growing 23% year-on-year in H1 2025.