Verified Sep 2026
Electronics & Software
·

Ningbo, China
·
Since 2004
Ningbo Joyson Electronic Corp. (均胜电子, 600699.SH / 00699.HK) is a globally listed Chinese Tier-1 supplier of automotive electronics and safety systems. Founded in 2004 in Ningbo, the company operates cockpit electronics, ADAS, EV power management, and a safety division (Joyson Safety Systems, Auburn Hills, Michigan) supplying airbags, seatbelts, and steering wheels to major OEMs across 30+ countries.
Joyson Electronics at a glance
Revenue
€7.5B
FY2025 · Berylls automotive-sector
Employees
20,000–50,000
Founded
2004
Headquarters
Ningbo, China
Ownership
Listed
600699.SH (Shanghai) / 00699.HK · Hong Kong · dual-listed Nov 2025
Certifications
IATF 16949 (claimed, multi-site) · ISO 14001
Claimed
Known customers
GM Super Cruise (DMS, production 2021) · Cadillac CE6 (DMS, CLEPA 2019) · GAC AION (JSS partnership 2024) · Forvia/Faurecia
Safe 60 seat 2025
Industries
Automotive
Electric Vehicles
Electronics
STABILITY SIGNALS
Established & active
€7.5B automotive-sector revenue (FY2025), 3.6% operating income margin, +5.1% year-on-year growth.
Dual-listed on Shanghai and Hong Kong stock exchanges; 20+ years in continuous operation since 2004.
Production-confirmed OEM programs with GM Super Cruise and Cadillac CE6; global safety-systems partnership with GAC AION (2024).
What Joyson makes
Joyson Electronics (Ningbo Joyson Electronic Corp.) operates through two divisions: Automotive Electronics and Automotive Safety. The electronics division covers cockpit domain controllers, HMI systems, haptic rotary knobs, ADAS sensing modules, driver monitoring systems, automotive connectivity and telematics, EV battery management systems, on-board chargers, and 800V power electronics for fast-charging platforms. The safety division, Joyson Safety Systems, is separately headquartered in Auburn Hills, Michigan, and supplies airbags, seatbelts, steering wheels, child restraint systems, and integrated passive and active safety modules to global OEM programs.
The company holds 25 R&D centers globally and reports more than 60 production bases. A dedicated intelligent driving subsidiary, Junlian Zhixing, develops fusion algorithms and software for ADAS programs. A second subsidiary, Joyson Advanced Energy, covers battery management, power electronics, and energy storage development. Preh GmbH, the German human-machine interface specialist acquired in 2011, continues to operate under its own brand and supplies haptic rotary knobs and other HMI components including the Preh haptic knob used in programs such as BMW. Per the company's investor materials, new order lifecycle value for the first nine months of 2025 totalled approximately RMB 71.4 billion, with a single-quarter record of roughly RMB 40.2 billion in Q3 2025.
Financial performance
The Berylls Top-100 study (2026 edition) places Joyson's automotive-sector revenue at €7.5 billion for FY2025, up 5.1% from €7.2 billion in FY2024. Berylls classifies the margin figure as operating income at 3.6%, flat year-on-year. The study's source code for this entry (B, 1, GU) indicates a blend of published and group-unit-level estimates.
In the company's own reporting currency, full-year 2025 revenue reached approximately RMB 61.2 billion, with profit attributable to shareholders rising nearly 40% year-on-year (company press release, March 31, 2026). For the first nine months of 2025, the company reported RMB 45.8 billion in revenue, up 11.45% year-on-year, with adjusted net profit excluding non-recurring items up 37.53% and Q3 gross margin at 18.6%, which the company described as the highest level in nearly three years.
The 3.6% operating income margin reflects the cost structure of a large Tier-1 supplier that acquired a global safety-systems network through M&A. The 2018 acquisition of the airbag and seatbelt operations from Takata's successor entity created a business with broad geographic reach and an established OEM customer base, but also carried integration costs. The shareholder profit improvement trajectory and record Q3 gross margin suggest the consolidation work is progressing. The company completed a dual listing on the Hong Kong Stock Exchange in November 2025, adding 00699.HK to its Shanghai A-share listing (600699.SH).
Ownership and history
Wang Jianfeng founded Joyson in 2004 in Ningbo, Zhejiang, with an initial focus on traditional automotive functional assemblies. The company's subsequent growth was driven by cross-border acquisition. Preh GmbH (Bad Neustadt, Germany, HMI specialist) was acquired in 2011. IEE S.A. in Luxembourg, which makes occupant detection systems, followed. The defining transaction came in 2018: Joyson acquired the airbag and seatbelt operations of Key Safety Systems, the entity formed from Takata's safety assets after Takata's bankruptcy, creating the Joyson Safety Systems division that now operates from Auburn Hills, Michigan.
The company is listed on the Shanghai Stock Exchange (600699.SH) and completed its Hong Kong dual listing (00699.HK) in November 2025. Wang Jianfeng remains the legal representative and largest individual shareholder. The group's registered and operational headquarters for the electronics division is located at 99 Qingyi Road, Hi-Tech Zone, Ningbo, Zhejiang. The safety division maintains its own operational headquarters in Auburn Hills.
Certifications and quality
Joyson claims IATF 16949 certification across its automotive manufacturing facilities, per the company's investor and ESG materials. IATF 16949 is the sector-standard quality management system for Tier-1 suppliers delivering to OEM production programs. Specific site-level certificate dates, registration bodies, and scopes are not published at the group level; buyers evaluating individual plants should request plant-specific certificates directly.
The company also claims ISO 14001 environmental management certification at sites covered by its ESG disclosures (per the 2025 sustainability report). Its driver monitoring system, commercially deployed in GM's Super Cruise program, required ASPICE-aligned software development processes, indicating structured software validation capability within the ADAS engineering group.
Known customers
Joyson Safety Systems announced a global strategic partnership with GAC AION in September 2024, focused on safety systems for GAC's EV programs (JSS press release, September 24, 2024). Forvia subsidiary Faurecia and JSS co-developed the Safe 60 seat system, announced in May 2025 (MarkLines, May 22, 2025). The ADAS subsidiary confirmed production supply of its driver monitoring system for GM's Super Cruise autonomous driving platform (company press release, February 2021); the same DMS was deployed in the Cadillac CE6, which was recognized with a CLEPA Innovation Award first prize in 2019. FAW-Volkswagen is documented as a plant-visit customer in the company's own news records. The safety division supplies airbags and seatbelts to a range of global OEMs; specific program details at the model level are not disclosed publicly.
Recent news
March 2026 -- Joyson Electronics announced FY2025 full-year revenue of approximately RMB 61.2 billion, with profit attributable to shareholders rising nearly 40% year-on-year. The company cited continued growth across both the electronics and safety divisions (company press release, March 31, 2026).
November 2025 -- Joyson completed its dual listing on the Hong Kong Stock Exchange, with shares trading as 00699.HK. The company described the listing as a milestone in its globalization strategy for intelligent automotive technology businesses (company press release, November 6, 2025).
October 2025 -- The company disclosed a single RMB 5 billion global order for intelligent vehicle solutions alongside Q3 2025 results, reporting total new-order lifecycle value of approximately RMB 71.4 billion for the first nine months of the year (company press release, October 30, 2025).
Frequently asked questions
What does Joyson Electronics make?
Joyson Electronics makes automotive electronics and automotive safety systems. Its electronics division produces cockpit domain controllers, ADAS and intelligent driving systems, EV battery management and power electronics, and automotive connectivity modules. Its safety division, Joyson Safety Systems, supplies airbags, seatbelts, steering wheels, and child restraint systems to global OEMs from plants across more than 30 countries.
Who owns Joyson Electronics?
Joyson Electronics (Ningbo Joyson Electronic Corp.) is publicly listed on the Shanghai Stock Exchange (600699.SH) and the Hong Kong Stock Exchange (00699.HK, dual-listed November 2025). Wang Jianfeng, the company's founder, is the largest individual shareholder and legal representative. The company was founded in 2004 in Ningbo, China.
What is Joyson Electronics' annual revenue?
Per the company's own filings, Joyson Electronics reported approximately RMB 61.2 billion in full-year 2025 revenue, with profit attributable to shareholders up nearly 40% year-on-year. The Berylls Top-100 study (2026 edition) places Joyson's automotive-sector revenue at €7.5 billion for FY2025, up 5.1% from €7.2 billion in FY2024.
Where is Joyson Electronics headquartered?
Joyson Electronics is headquartered at 99 Qingyi Road, Hi-Tech Zone, Ningbo, Zhejiang, China. Its automotive safety division (Joyson Safety Systems) maintains a separate operational headquarters in Auburn Hills, Michigan, USA. The company operates production sites in approximately 30 countries across Asia, Europe, and North America.
Who are Joyson Electronics' customers?
Documented OEM relationships include General Motors (driver monitoring for Super Cruise, production-confirmed 2021), Cadillac (CE6 model DMS, CLEPA award 2019), GAC AION (global strategic safety-systems partnership, 2024), and Forvia/Faurecia (Safe 60 seat co-development with Joyson Safety Systems, 2025). FAW-Volkswagen is documented as a customer in the company's news records. The safety division supplies a broader set of global OEMs under commercially confidential program agreements.
Last verified September 2026. Is this your company? Request a correction.
Location & contact
Phone
+86 574 8790 7001
Certification

IATF 16949 (claimed, multi-site) · ISO 14001
Evaluating suppliers like these?
LightSource gives procurement teams verified supplier intelligence and AI-run sourcing events.
