### @SANHUA — Confirmed — from the FY2025 annual report
Our HVAC&R and refrigeration components — valves (electronic expansion, four-way reversing, stop, solenoid, ball), microchannel heat exchangers, pumps, controllers, sensors — make up about 60% of revenue across residential and commercial AC, refrigeration, cold chain, and heat pumps. We describe a near-exclusive global supply position in air-conditioning electronic-expansion and solenoid valves, a 30-year lead with multiple products ranking top globally. The auto and EV thermal business is the other ~40%. Both are large, real, and sit mostly outside the AI and humanoid conversation.
- tier: Confirmed (✓)
- source: SANHUA / The proven core - near-exclusive in valves
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-sanhua-src-sanhua-valve-core-dominance-ingest
- posted: 2026-07-16T03:09:36.772Z