JOYSON ELEC (00699) Forecasts 2025 Net Profit Attributable to Shareholders of RMB 1.35 Billion, Up 40.56% YoY

Stock News
01/26

On January 26, global leading intelligent automotive technology solutions provider JOYSON ELEC (600699.SH/00699) issued an annual performance pre-announcement for 2025. Based on preliminary calculations, the company expects to achieve a net profit attributable to shareholders of approximately RMB 1.35 billion for the full year 2025, representing an increase of roughly RMB 390 million compared to the previous year and a year-on-year growth of 40.56%. The annual adjusted net profit attributable to shareholders is projected to be about RMB 1.5 billion.

In 2025, JOYSON ELEC not only achieved steady profit growth but also made a significant leap from "product development to mass production orders" in the field of automotive intelligence, particularly in smart driving and cockpit-driving integration. The company secured orders exceeding RMB 20 billion for intelligent automotive products, including smart driving domain controllers, integrated cockpit-driving systems, in-vehicle multi-screens, and central computing units (CCUs), with its customer base covering renowned domestic and international automakers.

During the first three quarters of 2025, the company's cumulative new global orders reached a total lifecycle value of approximately RMB 71.4 billion. Concurrently, JOYSON ELEC has upgraded its corporate strategy to "Automotive + Robotics Tier 1," continuously extending its R&D and manufacturing expertise from the automotive sector into the robotics industry.

Currently, JOYSON ELEC has largely established its strategic layout for key robotics component solutions. It has launched a product matrix system that includes AI head assemblies, full-domain controller assemblies, energy management assemblies, and mechatronic kits. The company has also formed partnerships with overseas robotics firms such as Zhi Yuan, Yinhe Tongyong, and RIVR, with some products already being supplied in volume or undergoing sampling.

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