# Joyson Electronics Announces H1 2026 Results: Net Profit Attributable to Shareholders of RMB 740 Million

- Link: https://www.thailand-business-news.com/pr-news/joyson-electronics-announces-h1-2026-results-net-profit-attributable-to-shareholders-of-rmb-740-million
- Published: 2026-08-26T07:53:00+07:00
- Author: PR Newswire

**Accelerating Breakthroughs in Emerging Technology Business**

HONG KONG, Aug. 25, 2026 /PRNewswire/ — **NINGBO JOYSON ELECTRONIC CORP.** ("**Joyson
Electronics**" or the "**Group**", stock codes: 0699.HK / 600699.SH), a world‑leading
smart mobility technology solutions provider, announced its interim results for 
the six‑month period ended 30 June 2026 (the "Reporting Period"). In 1H2026, Joyson
Electronics remained committed to its objectives of delivering stable growth and
improving profitability, while proactively navigating a challenging operating environment.
The company’s core automotive components business maintained steady growth and demonstrated
resilient profitability.

Through organizational innovation and strategic expansion, Joyson Electronics is
leveraging its strengths in automotive R&D and advanced manufacturing to accelerate
its presence in emerging technology sectors, including emerging intelligent agent,
intelligent computing center and low-altitude aircraft, creating new growth drivers
beyond its core automotive business.

**Core Business Demonstrates Strong Resilience, with Continued Improvement in Overseas
Profitability**

During the reporting period, the company generated revenue of approximately RMB 
28.1 billion, while net profit attributable to shareholders reached approximately
RMB 0.74 billion, representing a year-on-year increase of approximately 4.4%. Net
operating cash flow amounted to approximately RMB 1.93 billion, continuing its year-
on-year improvement trend.

As the benefits of overseas integration and long-term cost reduction and efficiency
enhancement initiatives continued to materialize, gross margin in overseas markets
increased by approximately 0.3% year-on-year to around 18.1% in the first half of
the year, further strengthening the company’s profitability. The Group’s overseas
gross margin has increased significantly from approximately 9% in the first half
of 2022 to the current level, more than doubling and marking a milestone in its 
overseas integration and cost-optimization initiatives.

**Intelligent Technologies Drive Core Business Growth, Supported by a Robust Global
Order Backlog**

During the reporting period, the company invested approximately RMB 2.28 billion
in research and development. To continuously strengthen its core competitiveness,
Joyson Electronics has ramped up R&D spending focusing on cutting-edge technologies
for intelligent electric vehicles such as intelligent driving, as well as emerging
intelligent agents, and server power suppliers. The company also further deepened
the integration of intelligent cockpit solutions with large AI models, enhancing
the user experience and enabling smarter in-vehicle interactions.

In the first half of the year, the company secured new customer nominations worldwide
with an estimated lifecycle order value of approximately RMB 44.9 billion. Leading
Chinese automakers and emerging EV manufacturers have become key drivers of new 
order growth, reinforcing the company’s position in the global automotive technology
market.

**Capitalizing on Opportunities of Overseas Vehicle Intelligence Upgrades and the
Global Expansion of Chinese Automakers**

Joyson Electronics is among the few Chinese automotive suppliers to have established
a truly global footprint, with manufacturing facilities and R&D centers across major
automotive markets worldwide. Combining its Chinese heritage with a global operating
network, the company is uniquely positioned to capture growth opportunities in both
international and domestic markets.

Joyson Electronics has secured a number of production program nominations from leading
European, Japanese, and Korean automakers. Meanwhile, as Chinese automakers accelerate
their global expansion, the company has continued to win orders for overseas vehicle
programs from leading domestic brands and emerging EV manufacturers. Its overseas
plants have successfully secured localised business from multiple major Chinese 
OEMs and are currently supporting mass production. At the same time, the company
is actively advancing partnerships with additional Chinese automakers to support
their international growth strategies.

Currently, the Company’s overseas plants have secured localised overseas business
orders from a number of leading mainland automakers and are in continuous mass production.
Meanwhile, the Group is also advancing overseas cooperation with more mainland automakers
to capture the first-mover advantage of Chinese automakers’ global expansion.

**Expanding Business Boundaries with the Strategic Transformation of the Energy 
Management**

In recent years, Joyson Electronics has been extending its automotive energy management
technologies and expertise into emerging high-end technology applications, driving
the strategic evolution of its energy management business from an automotive components
supplier to a provider of intelligent energy solutions across a broader range of
advanced industries. The company now delivers energy products and integrated solutions
for a variety of emerging sectors, including intelligent computing center, satellite,
and low-altitude aircraft.

**Emerging Intelligent Agent Product Upgrades, Delivering Products to Top Customers**

Joyson Electronics continues to advance the iteration and commercialization of products
for emerging intelligent agents. In the 1H2026, the company launched a series of
new products, including dexterous hands, AI head assemblies, and hybrid solid-liquid
energy solutions.

Joyson Electronics has begun delivering high-performance body and material as well
as central control units to a leading North American and Chinese customers. The 
company has also established three dedicated subsidiaries: Telephix, focused on 
dexterous hands; Hyperplane Technology, focused on embodied AI controllers; and 
Junebot, focused on integrated energy solutions for emerging intelligent agents.

– End –

**About NINGBO JOYSON ELECTRONIC CORP.**

Ningbo Joyson Electronic Corp. ("Joyson Electronics", 600699.SH / 00699.HK) is a
world-leading intelligent automotive technology solution provider, one of the best
component suppliers for the world’s leading automobile manufacturers. It is committed
to the R&D and manufacture of intelligent cockpit, intelligent driving, E-Mobility
and automotive safety, etc. Its headquarter is located in Ningbo, China, which owns
the Intelligent Automotive Research Institute, the Advanced Energy Research Institute,
the New Energy Research Institute, the Automotive Electronics Division and the Automotive
Safety Division, etc. Meanwhile, it has 25 R&D centers and over 60 production bases
around the world, covering major automotive markets including Asia, Europe and North
America.

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