Ningbo Joyson Electronic Corp.

Company Profile



No. 99 Qingyi Road, Gaoxin, Ningbo, Zhejiang 315040, China

Business Overview

The company is a leading auto parts supplier in China. It was formerly a supplier of engine intake systems and other components based in Ningbo, China.

-Major customers are VW, BMW, Mercedes-Benz, Audi, Tesla, GM, Ford, Toyota, Honda, Geely, GAC, NIO, Li Auto, XPeng, BYD and other global automakers as well as local brands in China.

-Main businesses:


  • Intelligent cockpit / Connected systems

    -In the fiscal year ended December 2022, sales in this business was about CNY 12.7 billion.
    -The company conducts research and development in the next generation of intelligent cockpit domain controllers and intelligent human-computer interaction systems, with the aim of building an "HAI (Human AI Interaction) platform".
    -Deepen cooperation with Huawei: Provide smart cockpit software, hardware, and system integration for Huawei customers' models, with mass production scheduled to begin in late 2023. Cooperate with Huawei to create an overall product solution based on the HiCar platform.
    -Established cooperation with Elektrobit, a global embedded and interconnected software product supplier, to accelerate the deployment and expansion of software and cloud platform service business in the automotive and other industries.
    -Newly acquired a number of French and German global brands and domestic independent brand customers, and the new business product line expanded from 5G+C-V2X to digital smart antennas.

  • New Energy control systems
    -Sales in 2022 were about CNY 2.3 billion.
    -In this field, the New Energy Research Institute has obtained more than 25 approved and pending patents, more than 40 software copyrights, and passed the automotive functional safety ASIL-D certification and ASPICE level 2 certification.
  • Intelligent driving
    -The company's Intelligent Vehicle Technology Research Institute has applied for 50 patents in the areas of automated domain controller structure, route planning, vehicle control, and data storage.
    -The product design and development of the company's intelligent driving domain controller has been audited and certified by TUV NORD, confirming that it complies with the IATF 16949 automotive industry quality system standard.
    -The company has established cooperative relations with various chip manufacturers such as Nvidia, Qualcomm, Horizon, and Black Sesame. In cooperation with many OEMs inside and outside China, the company promotes R&D in the areas of intelligent driving domain controllers, cockpit fusion domain controllers, and central processing units based on chip platforms.
    -The company is working with LiDAR manufacturer Innovusion, and continues to conduct R&D in other areas such as LiDAR, 4D millimeter wave radar, cameras, and other smart sensors. 

2.Automotive Safety Systems

-In 2022, sales in the Automotive Safety Systems sector was about CNY 34.4 billion, a 7% increase over the previous year.
-The global R&D center in Shanghai opened in February 2022.
-Construction of the first phase of the Joyson Safety Systems Hefei New Industrial Base with a planned total investment of about CNY 2 billion was started construction, with operations planned to begin in 2023.
-The third-phase expansion project of Joyson Safety Systems Huzhou has been successfully completed and put into operation.

Business trends

-The companies acquired in 2011-2022 are as follows:

Year Acquired company (former name) Business description
2011 Preh GmbH Expand product lineup and accelerate globalization
2014 Quin GmbH Became a global supplier to Mercedes-Benz, BMW, Audi, and others in the field of automotive functional components.
2016 KSS Holdings, Inc. Expanded operations of automotive safety systems business.
2016 TechniSat Digital GmbH, Daun Development and supply of automotive information system modules, expanding business in navigation systems, intelligent networks, etc.

Takata (excluding phase stabilized ammonium nitrate gas (PSAN) inflators business)

Expansion of automotive safety systems business.


-Listed on Shanghai Stock Exchange (As of Dec. 31, 2022)
Shareholder Shareholder Ratio
Joyson Group Co., Ltd. 34.85%
Others 65.15%
Total 100%


Automotive Safety Systems (KSS)
Active safety systems
-Autonomous technology

  • Facial recognition technology
  • Driver attention monitoring
  • Occupant positioning sensors
  • Early mechatronic restraint preparedness
  • Surround view vision systems
  • Intelligent sensors
  • ADAS: Advanced Driver Assist Systems
  • Park assist systems
  • Accident recording systems

-Event protection

  • Active body panels
  • Fire suppression protection
  • Rapid interruption mechatronic devices
  • High voltage line cutters

-Integrated safety & electronics

Passive safety systems

  • Driver airbags
  • Passenger airbags
  • Adaptive passenger airbags
  • Pelvis-thorax side airbags
  • Knee airbags
  • Curtain airbags
  • Occupant to Occupant (OTO) airbags


  • Driver inflators
  • Passenger inflators
  • Cold gas inflators
  • Cold gas curtain inflators
  • Side and knee inflators

-Seat belts

  • Seatbelt buckle tension sensor - SBTS
  • Buckles
  • Buckle pretensioners
  • Sill-end pretensioners
  • 3-door sill-end pretensioners
  • Global modular retractors - GMR
  • Compact pretensioner (CPT) retractors
  • Multi-level load limiter (MLL) retractors

-Inflatable seat belts

-Steering wheels

  • Heated steering wheels
  • Airbag integrated steering wheels
  • Integrated electronic steering wheels
  • Solid wood and wood shell steering wheels
  • Leather wrapped steering wheels

Specialty products

HMI: Human–Machine Interface (Preh GmbH)

Climate control systems

Connected car

Driver control systems
-Central control systems
-Center stacks
-Multifunction switches

Sensors systems
-Defogging sensors
-Position sensors

Electronic control units
-Battery management ECUs

ISELED (Intelligent Smart Embedded LED)

E-Mobility power control
BMS (battery management system) solutions for NEVs

48V hybrid BMS products

Wireless charging technology


2004 The Company's predecessor, Ningbo Joyson Automobile Parts Co., Ltd., which was an engine air intake system supplier, was established.
2006 The Company began to supply to VW, GM and Ford.
2007 The Company's predecessor Ningbo Joyson Automobile Parts Co., Ltd. has changed its name into Ningbo Joyson Automotive Electronics Co., Ltd., .
2008 The Company was qualified as a Tier 1 supplier of VW and became a global supplier of GM.
2010 The Company established a joint venture called Ningbo Preh Joyson Automotive Electronics Co. with the Preh Group in Germany.
Jun. 2011 The Company successfully acquired the Preh Group. The Company's main business was based in domestic China (Ningbo, Shanghai, Changchun and Chengdu). After acquisition, the Company started businesses in Germany, America, Portugal, Romania and Mexico, which accelerated the Company's globalization process.
Dec. 2011 The Company was listed under the name of Liaoyuan Deheng Co., Ltd. in Shanghai Stock Exchange.
Apr. 2013 Zhejiang Boshen Electronic Co., Ltd., a wholly owned subsidiary of the Company, acquired a 25 percent share in Ningbo Joyson Electronics Co., Ltd. from Boshen (China) Holding Limited for CNY 212.86 million. After the completion of the transaction, Ningbo Joyson Electronics Co., Ltd. became a wholly subsidiary of the Zhejiang Bosen Electronic Co., Ltd..
Aug. 2013 The Company's subsidiary, Preh GmbH, took over the software development company Innoventis GmbH in Wurzburg.
Feb. 2014 The Company's name changed from "Liaoyuan Joyson Electronic Corporation" into "Ningbo Joyson Electronic Corporation".
Mar. 2014 The Company established a new wholly-owned subsidiary, Wuhan Joyson Auto Parts Co., Ltd..
Dec. 2014 The Company announced that it would acquire Germany-based Quin GmbH, a steering and interior parts supplier for luxury vehicles. Joyson Electronics would pay over EUR 90 million for the deal.
Apr. 2015 The Company established a new wholly-owned subsidiary, Joyson Intelligent Car Networking Co., Ltd..
The Company, Ningbo Chancheng Investment Management Co., Ltd., and Ningbo Nanxin Industrial Investment Co., Ltd. established jointly Ningbo Chancheng Joyson New Energy Science & Technology Co., Ltd. in Yinzhou, Ningbo.
Jun. 2015 The Company established wholly subsidiary "Ningbo Joyson Preh Intelligent Car Networking Co., Ltd."
Dec. 2015 The Company transfered a 95% stake in Huade Plastics Co., Ltd. it owns jointly with Changchun Joyson Electronic Auto Parts Co., Ltd., its subsidiary, to Ningbo Shengfeite Investment Management Co., Ltd. for CNY 440 million.
The Company acquired all Zhejiang Boshen Electronic Co., Ltd. shares owned by its subsidiary, Changchun Joyson Electronic Auto Parts Co., Ltd., and change the company's name to Ningbo Joyson Science & Technology Co., Ltd.
Feb. 2016 The Company and its German subsidiary, Preh Holding GmbH, jointly acquired the automotive division of TechniSat Digital GmbH, Daun in Germany.
May 2016 Preh IMA Automation GmbH, a wholly owned subsidiary of the Company, announced that it acquired all EVANA Automation shares owned by Phillips Service Industries Inc. for USD 19.5 million.
Jun. 2016 The Company completed the acquisition of Key Safety Systems (KSS).
Dec. 2016 Ningbo Shengxin Electronic Science & Technology Co., Ltd., which is a subsidiary of the Company, established a semiconductor joint venture with Zhongxin Jingyuan Equity Investment (Shanghai) Co., Ltd. and Beijing IC Design & Packaging Testing Equity Investment.
Jun. 2017 The Company transferred all shares in Preh IMA Automation GmbH, from Preh GmbH, one of the Ningbo Joyson Electronic’s subsidiaries and the current owner of the shares, to PIA Automation Holding GmbH.
The Company's subsidiary, KSS Holdings, Inc., signed a memorandum for asset purchasing with Takata Corp. KSS Holdings will purchase the assets of Takata, excluding those for ammonium nitrate generator business.
Feb. 2018 The Company's new industrial city started operation.
Mar. 2018 The Company completed construction of its Stuttgart R&D Center.
May 2019 The Company renamed its subsidiary, Ningbo Joyson Automotive Electronics Co., Ltd., to Ningbo Joyson Quin Automotive System Co., Ltd.
Dec. 2020 Sold a 51% stake in Ningbo Joyson Quin Automotive System Co., Ltd., a subsidiary of Ningbo Joyson Quin Automotive System Co., Ltd.

Supplemental Information 1