Joyson Electronics Shanghai Lingang Factory recently held an open day event. As the first large-scale offline event of Joyson Electronics after the epidemic, Joyson Electronics introduced the recent development of the Lingang factory and Joyson Electronics' automotive safety system to the media and investors. Following the COVID-19 outbreak, China's auto market has gradually recovered, and the parts industry chain has gradually returned to normal. Through this visit to Joyson Electronics' Lingang factory, the reporter also felt the breath of industrial recovery.

As a leading enterprise in the domestic parts industry, Joyson Electronics has embarked on a global development path through a series of cross-border acquisitions since 2011, and its product line has also expanded from early functional parts to automotive safety, intelligent driving, Internet of Vehicles, New energy power management, etc. The Shanghai Lingang Plant is a subsidiary of Joyson Electronic Automotive Safety Systems, a business segment formed by the integration of the previously acquired businesses of KSS in the United States and Takata Safety Systems in Japan.

At present, Joyson Auto Safety Systems' factories in China are located in Shanghai, Ningbo, Tianjin, Jingzhou and Huzhou. The products are mainly passive safety, but also involve active safety. Among them, there are two factories in Shanghai, located in Qingpu and Lingang. In terms of production capacity, the annual production capacity of the entire automotive safety system division is 9 million pieces of steering wheels, 65 million pieces of airbags (airbags/air bags), 50 million pieces of seat belt retractors/plugs, and Production of some safety system electronic parts and electric vehicle safety products.

The Shanghai Lingang factory visited this time was established in May 2019 with a total investment of 420 million yuan. The products are mainly airbag modules, seat belts, steering wheels and automotive safety system integration. Customers include Tesla, as well as other European and American customers. Department, Japanese and Korean Department and domestic independent brand customers. The technical capabilities of Lingang Factory are also reflected in its laboratory configuration, with nearly 100 kinds of test methods, including 4 functional laboratories, as well as walk-in environmental warehouses, flip-open explosion boxes, static explosion systems, and drop tower tests The goal is to create a world-class benchmark experiment and testing environment in the passive safety field.