Joyson Electronic reports strong half-year performance, advances in safety and robotics

Joyson Electronic's automotive safety business reported a gross profit margin of approximately 15.9% in the first half of 2025, a year-on-year increase of about 2.0 percentage points. This improvement is attributed to increased order prices, economies of scale, and enhanced cost capabilities, including the accelerated localization of materials. Future plans include further cost optimization through vertical integration of the supply chain, such as expanding the gas generator industry base in Huzhou, Zhejiang, and the airbag fabric and airbag bag factory in the Philippines to increase self-sufficiency in core components.

In the robotics sector, Joyson Electronic is supplying key components and integrated hardware/software solutions to global automotive and robotics companies. The company has partnered with leading domestic clients and is collaborating with a major overseas robotics firm. The company has launched a full-domain controller based on Nvidia Jetson AGX Orin, boasting computing power up to 1320 TOPS, and is developing solutions based on the newly released Jetson Thor chip.

Financially, while interest-bearing debt increased due to optimizing liquidity and the appreciation of the euro against the yuan, the company is implementing measures to improve its asset-liability structure, reduce debt costs, and aims to decrease overall interest-bearing debt as operating cash flow from the automotive safety business continues to improve.