HK Stock Market Move | Zhejiang Sanhua Intelligent Controls (02050) surged more than 5% after the performance report. The net profit attributable to the parent company in the first quarter was 928 million yuan, continuing to promote the development of the data center field.

Zhejiang Sanhua Intelligent Controls (02050) rose more than 5% after the performance report, up 5.08% as of the time of writing, at HK$33.5, with a trading volume of HK$316 million. On the news front, on April 29, Zhejiang Sanhua Intelligent Controls released its first quarter report for 2026. The company achieved operating income of 7.774 billion yuan, an increase of 1.36% year-on-year. The net profit attributable to shareholders of the listed company was 928 million yuan, an increase of 2.68% year-on-year, with basic earnings per share of 0.22 yuan. Guosen previously pointed out that Zhejiang Sanhua Intelligent Controls continues to promote development in the data center field, focusing on the global data center and computing power industry, continuously tracking industry trends and demand changes. New areas such as server liquid cooling, Siasun Robot & Automation are expected to contribute to incremental growth.