Joyson booked 44.9 billion yuan of new lifetime design wins in the first half
The Ningbo supplier's interim report records wins with European, Japanese and Korean carmakers for assisted driving, cockpit and automated-driving data recorder systems, while revenue fell 7.4 percent.
Joyson Electronics reported first-half revenue of RMB 28.091 billion, down 7.43 percent, and net profit attributable to shareholders of RMB 738.95 million, up 4.43 percent, in an interim report filed to cninfo on August 26. Gross margin was 17.7 percent and operating cash flow RMB 1.93 billion.
The company said new design wins secured during the half carried an estimated lifetime order value of about RMB 44.9 billion. Research and development expense was RMB 1.706 billion, up 0.76 percent.
Among the wins, Joyson named orders and proof-of-concept projects with overseas carmakers for advanced assisted driving, intelligent cockpit and automated-driving data recorder systems. It also said Chinese models built for export are taking its driving, cockpit and zonal controllers, and that the arrangement is spreading to further overseas models of one Chinese electric vehicle maker. For the export business the report points instead to regional content rules, naming the USMCA’s 65 to 75 percent requirement and the European Industrial Accelerator Act’s 70 percent European-origin threshold. Its reference to the mandatory national standards GB 47955—2026 and GB 44721—2026 appears in a review of the domestic market, where it says they are accelerating the fitment of Chinese intelligent-driving products.
Joyson said it ranked 29th on the 2026 Automotive News list of the hundred largest global suppliers, up eight places. Its electrical and electronic work was described around domain-fusion controllers, in-vehicle optical communication and joint development with international carmakers on high-level in-vehicle networks.