joyson electronic 2016 annual report...

Stock Code: 600699 Stock Abbreviation: Joyson Electronics

Ningbo Joyson Electronic Corp.

2016 Annual Report Summary

一重要提示

1. Important Notification

1.1 本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规

划，投资者应当到上海证券交易所网站等中国证监会指定媒体上仔细阅读年度报告全文。

1.1 This annual report summary originates from full text of Joyson Electronics 2016 annual

report. Please refer to the full text on the Shanghai Stock Exchange official website or other

websites authorized by China Securities Regulatory Commission for details.

1.2 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完

整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。

1.2 The company’s Board of Directors, Board of Supervisors, directors, supervisors and senior

executives should guarantee that all information in the annual report is true, accurate and

complete, and it contains no false records, misleading statements or major omissions, in

addition to undertaking the individual and joint responsibilities.

1.3 公司全体董事出席董事会会议。

1.3 All directors of the company attended the conferences of Board of Directors.

1.4 瑞华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。

1.4 Ruihua Certified Public Accountants (Limited Liability Partnership) issued the standard and

unqualified auditor's report.

1.5 经董事会审议的报告期利润分配预案或公积金转增股本预案

1.5 Preplans of profit distribution or transfer from capital reserve to common shares deliberated

by the Board of Directors during the reporting period.

公司 2016 年度利润分配预案：拟以总股本 949,289,000 股为基数，按每 10 股派发现金红利

2.0 元（含税），共计分配现金股利 189,857,800 元。

The profit distribution proposal passed upon deliberation at the meeting of the Board of

Directors is set out as follows: Based on the total share capital (949,289,000 shares), all

cshareholders will receive a cash dividend of RMB 2 (tax inclusive) per each 10 shares,

and the total cash dividend is RMB 189,857,800.

二公司基本情况

2. General Information

1 公司简介

1. Company Profile

公司股票简况

股票种类股票上市交易所股票简称股票代码变更前股票简称

A股上海证券交易所均胜电子 600699 辽源得亨

Company Information

Stock type

Stock exchange where the shares of the company

are listed

Stock abbreviation Stock code Former stock abbreviation

A Share Shanghai Stock

Exchange Joyson

Electronics 600699 Liaoyuan Deheng

联系人和联系方式董事会秘书证券事务代表

姓名叶树平喻凯

办公地址宁波高新区聚贤路1266号宁波高新区聚贤路1266号

电话 0574-87907001 0574-89078965

电子信箱 [email protected] [email protected]

Contact Information Board Secretary Securities Affairs Representative

Name Ye Shuping Yu Kai

Address No.1266 Juxian Road Hi-Tech Park Ningbo, China

No.1266 Juxian Road Hi-Tech Park Ningbo, China

Tel. 0574-87907001 0574-89078965

E-mail [email protected] [email protected]

2 报告期公司主要业务简介

2. Brief introduction to the company’s major business within the reporting period

回顾 2016年，全球汽车市场全年销量维持比较平稳的增速。根据英国权威汽车调研公司 JATO

Dynamics 的数据统计，2016 年全球汽车销量达到 8,424 万辆，同比增长 5.6%。中国、印度以及

欧洲市场的销量增长带动着全球销量的增长。其中，中国市场增幅继续领跑全球，维持千万级别

的车市级别。根据中汽协公布的数据，2016年汽车产销量分别达到 2,811.9 万辆和 2,802.8万辆，

同比增长 14.5%和 13.7%（上年同期分别为 11.2%和 9.0%），产销总量再创历史新高。

Looking back at the year 2016, annual sales volume of the global automotive market kept a

stable growth rate. According to the statistics from UK’s authoritative automotive research

company JATO Dynamics, 84.24 million vehicles were sold in 2016 all over the world with a

year-on-year growth rate of 5.6%. China, India and Europe are the top three leading contries in

terms of the sales volume. It is worth noting that growth rate of the Chinese auto market

remained as global leader, maintaining the vehicle market at ten-million-level. According to

statistics revealed by China Association of Automobile Manufactures (CAAM), 28.119 million

vehicles were produced while 28.028 million vehicles were sold in 2016, with the year-on-year

growth rates of 14.5% and 13.7% respectively (11.2% and 9.0% growth rates in 2015), which

created a historical new high again.

与此同时，汽车行业内的兼并和重组也在大量发生。2016年 9月移动芯片巨头高通宣布，将

以每股 110美元的价格收购恩智浦半导体公司，合并后高通成为第一大汽车芯片供应商；2016年

11 月，三星电子宣布将以 80 亿美元现金收购哈曼国际，使其成为全球范围内业务具有很大影响

力的智联技术供应商，同时强势进入汽车行业领域；2017年 3月，英特尔宣布将以 150亿美元收

购以色列信息技术公司 Mobileye，以实现未来自动驾驶领域重要布局。整个 2016 年，汽车行业

并购重组金额总计超过 400亿美元，处于历史高位。

Meanwhile, the mergers and acquisitions in the auto industry occurred in large quantities. In

September 2016, Qualcomm, mobile chip giant, declared its purchasing plan for NXP

Semiconductors at the price of USD 110/share, which made Qualcomm the world’s largest

supplier of vehicle chips. In November 2016, Samsung Electronics also announced that it would

purchase Harman International with 8 billion US dollars in cash, which made it into a supplier of

intelligent connection technology with siginificant impacts in the industry on a global scale. It is

undeniable that this series of aggressive activities more or less reflect Samsung Electronics

managements’ positive attitudes toward automotive industry. Moreover, in March 2017, Intel

declared its purchasing plan for the Mobileye, an Israeli information technology company, with

15 billion US dollars to realize its important layout in the field of automatic driving. In the whole

year of 2016, the total amount of mergers and acquisitions exceeded USD 40 billion, ranking

historically high levels.

一方面，自动驾驶、新能源汽车等领域成为整个工业界和资本界关注的焦点，有长期发展空

间，抱以很高的期望值；另一方面，上述领域既有传统汽车产业的属性和高科技行业的系统复杂

性，注定将是一个长期演进的过程，需要在资金、人力方面的持续投入，商业化的进程可能不如

想象的快，这对所有从业者都提出了很现实的挑战。

On the one hand, hot fields with long-term development space and high expectation, such as

automatic driving and new energy vehicles, drew much attention from the industry and the

capital; On the other hand, containing both the properties of the traditional automotive industry

and the systematic complexities of the high-tech industry, the fields mentioned above destined

to be a long evolution process that requires continuous input in funds and manpower.

Commercialization process might be slower than expected, which is a realistic challenge to all

practitioners.

2016年均胜实现又一次成长和飞跃，实现总营收约 186 亿，归母净利润约 4.5 亿，较 15 年有

较大幅度增长。在原有的几大业务持续稳定发展基础上，进行了业务的外延式扩张，完成了对 KSS

和 TS 汽车电子事业部的并购，主要产品已覆盖与驾驶有关的四大领域，即：人机交互（HMI），

行车安全（主、被动安全），影音娱乐（Infotainment）和车载互联（Connectivity），并在全球处于

主流和领先水平。

Again, company achieved high growth and leap in 2016. In specific, company generated about

RMB 18.6 billion in annual revenue and RMB 0.45 billion in net profits attributable to

shareholders of the company, which were much higher than in 2015. Based on the continuous

and stable development of several major original businesses, company successfully

compeleted the acquisitions of KSS and TS, and company’s main business covered four

domains, that is, human machine interface (HMI), active & passive safety, infotainment and car

connectivity, which still maintained leading position in the world wide.

在 KSS 和 TS 交割完成后，公司立即展开了大规模的整合，向 KSS 进行增资，抓住行业变革这

一机会，帮助其进行全球扩张、增加新的产能和整合提高运营效率，获得了近 50亿美元的新增订

单，将于 2018年下半年开始交付，其中包括日、韩客户，还有明星企业的知名项目。另外，公司

还帮助 KSS 和 PCC 筹建和扩张中国区的研发中心，特别增加了在前瞻领域的投入，力求将全球技

术和中国市场相结合，协同效应正在逐步显现。

After completing the acquisitions of KSS and TS, company immediately launched a massive

integration processes:

a. increased capitals for KSS to seize this opportunity of industry changes. Company also

helped KSS to expand globally, add new capacity and improve operational efficiency. By

the end of 2016, company gained roughly USD 5 billion new orders, and corresponding

deliveries would begin in the second half of 2018. Those orders mentioned above were

from Japanese clients, Korean clients and other star enterprises.

b. besides, company helped KSS and PCC to prepare and expand R&D centers in China, and

increased investments in frontier areas, which combined globally leading technologies with

Chinese market to gradually realize Synergistic effects.

考虑 KSS 和 TS 全年并表，均胜 2016 年营收已超过 200 亿元，全球员工超过 2 万名，跻身全

球前 100 大汽车供应商，在业界已具备一定影响力。2016 年，虽然因并购交易产生了大量贷款利

息支出，但公司坚持高比例的研发和工程投入，在前沿领域取得了一系列代表性的成果，在细分

行业继续保持领先的地位。

Assuming KSS and TS were included in the consolidated scope for whole year of 2016, total

annual revenue in 2016 was already higher than RMB 20 billion. Besides, with more than 20

thousand global employees, company can now be ranked as one of the top 100 automotive

suppliers, and has certain influences on this industry. In 2016, although company undertook

much interest expenses from bank loans for acquisition projects, company still insisted on high

level R&D inputs, and achieved a series of representative results in the frontier fields, which

made company continue its leading position in the segment industry.

3 公司主要会计数据和财务指标

3. Key accounting data and financial indicators

3.1 近 3 年的主要会计数据和财务指标

3.1 Key accounting data and financial indicators from 2014 to 2016

单位：元币种：人民币

2016年 2015年本年比上

年增减(%) 2014年

总资产 37,232,570,835.60 11,409,391,083.97 226.33 6,259,204,290.85

营业收入 18,552,409,199.63 8,082,534,215.33 129.54 7,077,091,078.40

归属于上市公司股

东的净利润 453,693,825.86 399,857,884.87 13.46 346,883,505.61


东的扣除非经常性

损益的净利润

387,312,304.45 324,068,857.48 19.52 319,987,102.74


东的净资产 12,703,408,884.31 3,794,230,053.20 234.81 2,420,335,888.65

经营活动产生的现

金流量净额 673,689,473.95 585,155,500.25 15.13 737,519,428.75

基本每股收益

（元／股） 0.66 0.61 8.20 0.55

稀释每股收益

（元／股） 0.66 0.61 8.20 0.55

加权平均净资产收

益率（%） 9.30 13.51

减少4.21

个百分点 14.74

Unit: Yuan Currency: RMB

2016 2015 Flux (%) 2014

Total assets 37,232,570,835.60 11,409,391,083.97 226.33 6,259,204,290.85

Revenue 18,552,409,199.63 8,082,534,215.33 129.54 7,077,091,078.40

Net profits attributable to shareholders of the company

453,693,825.86 399,857,884.87 13.46 346,883,505.61

Net profits attributable to shareholders of the company excluding non-recurring gains and losses

387,312,304.45 324,068,857.48 19.52 319,987,102.74

Net assets attributable to shareholders of the company

12,703,408,884.31 3,794,230,053.20 234.81 2,420,335,888.65

Net cash flow generated from operating activities

673,689,473.95 585,155,500.25 15.13 737,519,428.75

Basic EPS (RMB/share)

0.66 0.61 8.20 0.55

Diluted EPS (RMB/share)

0.66 0.61 8.20 0.55

Weighted average ROE (%)

9.30 13.51 4.21

decrease 14.74

3.2 报告期分季度的主要会计数据

3.2 Major financial indicators of four quarters in 2016

单位：元币种：人民币

第一季度

（1-3月份）

第二季度

（4-6月份）

第三季度

（7-9月份）

第四季度

（10-12月份）

营业收入 2,156,023,883.49 3,794,683,648.87 5,780,893,170.32 6,820,808,496.95


东的净利润 120,747,649.73 124,211,671.22 158,480,229.16 50,254,275.75


东的扣除非经常性

损益后的净利润

104,941,516.43 119,704,048.25 151,488,575.71 11,178,164.06

经营活动产生的现

金流量净额 99,046,756.45 -113,732,104.20 452,011,768.93 236,363,052.77


First Quarter Second Quarter Third Quarter Fourth Quarter

Revenue 2,156,023,883.49 3,794,683,648.87 5,780,893,170.32 6,820,808,496.95

Net profits

attributable to

shareholders of

the company

120,747,649.73 124,211,671.22 158,480,229.16 50,254,275.75

Net profits

attributable to

shareholders of

the company

excluding

non-recurring

gains and losses

104,941,516.43 119,704,048.25 151,488,575.71 11,178,164.06

Net cash flow

generated from

operating

activities

99,046,756.45 -113,732,104.20 452,011,768.93 236,363,052.77

第四季度，归母净利润受到并购项目中介服务和尽调费用支出，以及 KSS 和 PCC 合并公允价

值溢价分摊所致。

In the fourth quarter, the net profits attributable to shareholders of the company was mainly

caused by the expenses of intermediary services and due diligence investigation in the merger

projects, as well as the amortization of purchase price allocation (PPA) for KSS and PCC.

季度数据与已披露定期报告数据差异说明

Explanation for the differences between the quarterly data and the disclosed periodical report

data

□适用 √不适用

Applicable Not applicable√

4 股本及股东情况

4 Shareholder information

4.1 普通股股东和表决权恢复的优先股股东数量及前 10 名股东持股情况表

4.1 Total number of common shareholders and preferred shareholders with restored voting

rights as well as the top 10 shareholders by 2016/12/31

单位: 股

截止报告期末普通股股东总数（户） 39,419

年度报告披露日前上一月末的普通股股东总数（户） 38,403

前 10名股东持股情况

股东名称

（全称）

报告期内

增减

期末持股

数量

比例

(%)

持有有限

售条件的

股份数量

质押或冻结情况股东

性质股份

状态数量

宁波均胜投资集团有限公司 2,481,539 316,732,967 45.95 质押 310,900,000 境内非国

有法人

乌鲁木齐喜尔盈股权投资有限合 -9,361,505 21,950,000 3.18 无境内非国

伙企业有法人

王剑峰 1,394,495 17,394,495 2.52 质押 10,000,000 境内自然

人

香港中央结算有限公司 15,680,632 2.27 无其他

全国社保基金一零九组合 6,659,401 12,759,297 1.85 无其他

中国长城资产管理公司 11,037,735 1.60 无国有法人

平安大华基金－平安银行－建信

资本管理有限责任公司 9,262,721 1.34 无其他

中国银行股份有限公司－华夏新

经济灵活配置混合型发起式证券

投资基金

-545,405 6,400,008 0.93 无其他

中央汇金资产管理有限责任公司 5,726,000 0.83 无国有法人

中国工商银行－易方达价值成长

混合型证券投资基金 4,925,229 0.71 无其他

上述股东关联关系或一致行动的说明

宁波均胜投资集团有限公司为公司控股股东，王剑峰先生为公司实际

控制人，报告期末王剑峰先生通过证券公司定向资产管理方式持有公

司 3,407,047 股股份。

Unit: Share

Total number of common shareholders at the end of the

reporting period 39,419

Total number of common shareholders at the end of the

previous one month before the disclosure date of the annual

report

38,403

Particulars about shares held by top 10 shareholders

Name of

shareholder Flux

Total shares

held at the

period-end

Percentage

(%)

Number of

non-tradable

shares held

Number of shares

pledged or frozed Nature of

shareholder Status Number

Joyson

Investment

Holding Ltd.

Co., Ningbo

(China)

2,481,539 316,732,967 45.95 Pledge 310,900,000

Domestic

non-state-owned

corporation

Urumqi Xierying

Equity

Investment

Limited

Partnership

-9,361,505 21,950,000 3.18 N/A

Domestic

non-state-owned

corporation

Wang Jianfeng 1,394,495 17,394,495 2.52 Pledge 10,000,000 Domestic

Individual

Hong Kong

Securities

Clearing

15,680,632 2.27 N/A Other

Company Ltd.

National Social

Security Fund

(No.109

Portfolio)

6,659,401 12,759,297 1.85 N/A Other

China Great

Wall Asset

Management

Corporation

11,037,735 1.60 N/A

Domestic

state-owned

corporation

CCB Principal

Capital

Management

Co., Ltd.

9,262,721 1.34 N/A Other

Huaxia New

Economic

Flexible

Configuration

Hybrid

Securities

Investment

Fund

-545,405 6,400,008 0.93 N/A Other

Central Huijin

Asset

Management

5,726,000 0.83 N/A

Domestic

state-owned

corporation

Yi Fonda Value

Growth Hybrid

Securities

Investment

Fund

4,925,229 0.71 N/A Other

Explanation on associated

relationship or/and persons

acting in concert among the

above-mentioned

shareholders

Joyson Investment Holding Ltd. Co., Ningbo (China) is Joyson Electronics’ controlling

shareholder, and Mr. Wang Jianfeng is company’s actual controller. During the

reporting period, Mr. Wang Jianfeng increased 3,407,047 shares of company via

target asset management from security company.

4.2 公司与控股股东之间的产权及控制关系的方框图

4.2 The ownership and controlling relationship between the controlling shareholder of

the company and the company is detailed as follows:

√适用 □不适用

Applicable√ Not applicable

4.3 公司与实际控制人之间的产权及控制关系的方框图

4.3 The ownership and controlling relationship between the actual controller of the

company and the company is detailed as follows:



三经营情况讨论与分析

3. Business Discussion and Analysis

1. 报告期内主要经营情况

1 Main Business Situations during the Reporting Period

公司 2016 年度主要经营情况如下：

Main business operating conditions in 2016 were as follows:

(一) 主营业务分析

(1) Main Business Analysis

利润表及现金流量表相关科目变动分析表

单位:元币种:人民币

科目本期数上年同期数变动比例（%）

营业收入 18,552,409,199.63 8,082,534,215.33 129.54%

营业成本 15,055,792,237.94 6,332,880,433.03 137.74%

销售费用 468,043,569.24 378,296,093.87 23.72%

管理费用 1,736,957,367.96 784,014,985.95 121.55%

财务费用 510,351,966.24 115,075,072.17 343.49%

经营活动产生的现金流量净额 673,689,473.95 585,155,500.25 15.13%

投资活动产生的现金流量净额 -9,023,214,807.04 -1,842,734,685.63 -389.66%

筹资活动产生的现金流量净额 14,022,287,777.17 4,146,644,498.01 238.16%

研发支出 1,159,629,279.00 530,884,071.43 118.43%

Material changes of accounts from Income Statement and Cash Flow Statement


Account Amount for the

current period

Amount for the

prior period Flux (%)

Revenue 18,552,409,199.63 8,082,534,215.33 129.54%

Cost of sales 15,055,792,237.94 6,332,880,433.03 137.74%

Selling expenses 468,043,569.24 378,296,093.87 23.72%

Administrative expenses 1,736,957,367.96 784,014,985.95 121.55%

Financial expenses 510,351,966.24 115,075,072.17 343.49%

Net cash flow from operating activities 673,689,473.95 585,155,500.25 15.13%

Net cash flow from investment activities -9,023,214,807.04 -1,842,734,685.63 -389.66%

Net cash flow from financing activities 14,022,287,777.17 4,146,644,498.01 238.16%

R&D expenditures 1,159,629,279.00 530,884,071.43 118.43%

1. 收入和成本分析

1. Revenue & Cost of Sales Analysis



营业收入：报告期内，公司经营状况良好，公司原有业务增长 13%，KSS 和 PCC 并表贡献营收 95.4

亿，使上市公司整体营收增长 129.54%；

Revenue: within the reporting period, company was in good shape and made remarkable

achievements. Company’s original business revenue increased by 13%, while KSS and PCC

contributed the revenue of RMB 9.54billion in consolidated scope, which resulted in 129.54%

rise of overall revenue;

营业成本：营业成本增加系 KSS 及 PCC 的成本并表所致；

Cost of Sales: 137.74% increase in cost of sales was mainly caused by expanded

consolidation scope (KSS and PCC);

销售费用：并购后，公司在全球范围内进行销售端的客户整合，改进销售控制管理体系，已取得

较好的效果，降低了整体销售费用的比重；

Selling expenses: after the acquisitions, company integrated the customer resources all over

the world to improve the sales control and management system, which yielded favorable results

and effectively reduced the share of the entire selling expense in revenue;

管理费用：并购后销售收入的提升导致的管理费用增加。虽然绝对数字增长较大，但是管理费用

占销售比重整体上呈下降趋势，为协同效应的体现。预计未来管理费用的整体下降趋势仍将延续；

Administrative expenses: the dramatic increase in administrative expense was mainly due to

the improved revenue after the acquisitions. Despite the larger growth of the absolute number,

the share of administrative expenses in the revenue presented a downward trend as a result of

synergistic effects. It is predicted that the overall the administrative expenses will continue to

drop in the future;

财务费用：财务费用增加主要系报告期新增银行并购贷款所产生财务费用，约 2.54 亿元；

Financial expenses: the sharp increase in financial expenses was primarily caused by roughly

RMB 254 million interests from bank loans for acquisitions within the reporting period;

经营活动产生的现金流量净额变动原因说明：KSS及PCC的并表带来现金流的增加，主要子公司新

增研发投入和为新项目前期准备投入增加，同时并购过程中发生的销售费用上升、管理费用和并

购后的整合对现金流有一定影响；

Explanation for changes in the net cash flow from operating activities: the increase in the

cash flow from operating activities was mainly due to the following reasons:

(1) KSS and PCC were included in the consolidation scope;

(2) the new R&D investments and the pre-projects inputs from the major subsidiaries;

(3) the increased selling expenses, administrative expenses during the acquisiotion process

and the integration after the acquisition have certain influences on the cash flow;

投资活动产生的现金流量净额变动原因说明:系支付并购交易对价所致；

Explanation for changes in the net cash flow from investment activities: the huge decline

was mianly caused by the payments for the acquisition transactions;

筹资活动产生的现金流量净额变动原因说明:系新增银行并购贷款和完成非公开发行募集资金所

致；

Explanation for changes in the net cash flow from financing activities: the substantial rise

was mainly caused by the new bank loans for acquisitions as well as the new raised funds from

the non-public offering;

研发支出变动原因说明:系 KSS 及 PCC 的研发费用并表以及原有业务研发投入增加所致。

Explanation for changes in the R&D expenditures: the double sized R&D expenditrues was

mainly caused by the following two reasons:

(1) R&D expenditures from KSS and PCC were included in the consolidation scope;

(2) more R&D expenditures were invested for company’s original business.

(1). 主营业务分行业、分产品、分地区情况

(1). Main Business by Industry/Product/Region

单位:元币种:人民币

主营业务分行业情况

分行业营业收入营业成本毛利率

（%）

营业收入

比上年增

减（%）

营业成本比

上年增减

（%）

毛利率比

上年增减

（%）

汽车零部件 18,266,143,128.29 14,796,461,341.14 19.00 133.75 143.63 减少 3.28

个百分点

合计： 18,266,143,128.29 14,796,461,341.14 19.00 133.75 143.63 减少 3.28

个百分点

主营业务分产品情况

分产品营业收入营业成本毛利

率（%）

营业收入

比上年增

减（%）

营业成本比

上年增减

（%）

毛利率比

上年增减

（%）

智能汽车电子 -

人机交互产品

(HMI)

5,101,873,029.63 3,847,978,494.69 24.58 14.13 13.52 增加 0.41

个百分点


车载互联系统 2,248,218,029.01 1,981,500,129.61 11.86 不适用不适用不适用


汽车安全系统 7,269,786,758.56 6,174,438,983.88 15.07 不适用不适用不适用


电子功能件及总成 2,446,237,455.56 1,848,148,913.78 24.45 -1.73 -7.99

增加 5.15

个百分点

新能源汽车电子 442,773,863.75 365,625,432.77 17.42 48.58 47.38 增加 0.67

个百分点

智能制造 757,253,991.78 578,769,386.40 23.57 35.99 35.64 增加 0.20

个百分点

合计： 18,266,143,128.29 14,796,461,341.13 19.00 133.75 143.63 减少 3.28

个百分点

主营业务分地区情况

分地区营业收入营业成本毛利率

（%）

营业收

入比上

年增减

（%）

营业成本

比上年增

减（%）

毛利率

比上年

增减

（%）

国内地区 5,826,091,283.57 4,827,658,707.95 17.14 158.98 165.21 减少 1.95

个百分点

国外地区 12,440,051,844.72 9,968,802,633.18 19.87 123.56 134.40 减少 3.70

个百分点


By Industry

Industry Revenue Cost of Sales

Gross

Margin

(%)

Revenue

Flux (%)

Cost of

Sales Flux

(%)

Gross

Margin

Flux (%)

Automotive Parts 18,266,143,128.29 14,796,461,341.14 19.00 133.75 143.63 3.28

decrease

Total 18,266,143,128.29 14,796,461,341.14 19.00 133.75 143.63 3.28

decrease

By Product

Product Revenue Cost of Sales

Gross

Margin

(%)

Revenue

Flux (%)

Cost of

Sales Flux

(%)

Gross

Margin

Flux (%)

Automotive

Electronics - HMI 5,101,873,029.63 3,847,978,494.69 24.58 14.13 13.52

0.41

increase

Automotive

Electronics – Car

Connected System

2,248,218,029.01 1,981,500,129.61 11.86 N/A N/A N/A

Automotive

Electronics –

Automotive Safety

System

7,269,786,758.56 6,174,438,983.88 15.07 N/A N/A N/A

Automotive

Electronics –

Automotive

Components and

Assembly

2,446,237,455.56 1,848,148,913.78 24.45 -1.73 -7.99 5.15

increase

New Energy Vehicle

Electronics 442,773,863.75 365,625,432.77 17.42 48.58 47.38

0.67

increase

Intelligent

Manufacturing 757,253,991.78 578,769,386.40 23.57 35.99 35.64

0.20

increase

Total 18,266,143,128.29 14,796,461,341.13 19.00 133.75 143.63 3.28

decrease

By Region

Region Revenue Cost of Sales

Gross

Margin

(%)

Revenue

Flux (%)

Cost of

Sales Flux

(%)

Gross

Margin

Flux (%)

Domestic region 5,826,091,283.57 4,827,658,707.95 17.14 158.98 165.21 1.95

decrease

Foreign region 12,440,051,844.72 9,968,802,633.18 19.87 123.56 134.40 3.70

drease

主营业务分行业、分产品、分地区情况的说明

Explanation for the main business classified by industry, product and region



人机交互产品（HMI）业务继续保持较高增速，其中毛利润率提高 0.41个百分点，系统级高单价

产品出货量增加；

The human machine interface (HMI) business continued to maintain a highr growth rate. To

be specific, the gross margin was enhanced by 0.41 percentage points, and shipment of the

systematical products with high unit price increased;

车载互联系统（PCC）业务 2016 年并表贡献营收 22.5 亿元，毛利润率为 11.86%，环比已有明显

提升（半年报毛利润率 8.25%），随着整合的开展，盈利能力也在提升中；

The car connected system (PCC) business in 2016 contributed RMB 2.25 billion revenue and

11.86% gross margin, which was obviously improved (the 2016 semi-annual gross margin was

8.25%).In the wake of following business integration, it is undoubtedly to foresee the profitability

would be improved in the futrue;

汽车安全系统（KSS）业务 2016 年并表贡献营收 72.7 亿元。公司在交割完成后即对 KSS业务进行

大规模整合和投入，虽然对当期利润有一定的影响，但为未来长远发展打下坚实基础；

The automotive safety system (KSS) business in 2016 contributed RMB 7.27 billion revenue

on the basis of consolidated scope. After completing the acquisition process, company

immediately made large scale of integrations and inputs into the KSS business, which had

negative impacts on the profibility but laid solid foundation for the long-term development in the

future;

电子功能件及总成业务与去年同期相比，上海华德已不在合并报表范围内，对营收产生一定影响；

如剔除华德的影响，功能件业务继续保持增长；毛利润率增加 5.15 个百分点系高毛利率业务占比

扩大所致；

In terms of the automotive components and assembly business this year, a slight drop in

revenue was mainly because that Shanghai Huade was excluded from the range of

consolidated financial statements. Apart from the impacts of Shanghai Huade, this business

kept a stable growth. The increased 5.15 percentage points of the gross margin are caused by

the enhanced proportion of business with high gross margin;

新能源汽车电子业务实现营收 4.43 亿元，同比增长 48.58%，继续保持很高的增速。公司在 BMS

领域的技术实力，已获得市场和客户的广泛认可，规模效应开始体现，毛利润率已有一定提升；

智能制造业务实现对外销售为 7.57 亿元，同比增加 36%；报告期内因并购了 EVANA 增加营收 1.53

亿元；

The new energy vehicle electronics business achieved the revenue of RMB 443 million with a

year-on-year growth rate of 48.58%, and it would kept a pretty high growth rate in the futrue.

Company’s technical strength in BMS field was widely recognized by the market and customers,

while the scale effect started to appear and the gross margin was improved to a certain extent;

从地区分布来看，国内和国外营收占比分别为：31.9%，68.1%；如按大区域，即亚洲、欧洲、北

美划分，公司在各大的营收分布基本均衡。

From the perspective of regional distribution, the proportions of domestic and foreign revenue

are 31.9% and 68.1% respectively; divided by the major regions, namely Asia, Europe and

North America, company’s revenue distribution in all continents is basically balanced.

(2). 产销量情况分析表

(2) Production and Sale Analysis Table



主要产品生产量销售量库存量

生产量比

上年增减

（%）

销售量

比上年

增减（%）

库存量比

上年增减

（%）

智能汽车电子-人机交

互产品(HMI) 29,101,593 28,794,047 1,235,344 0.04 -1.02 33.15

智能汽车电子-车载互

联系统 2,052,387 2,052,387 51,583 不适用不适用不适用

智能汽车电子-汽车安

全系统 45,967,103 38,906,785 5,980,636 不适用不适用不适用

智能汽车电子 - 电

子功能件及总成 28,002,994 28,860,185 9,318,518 -2.33 -2.87 -5.70

新能源汽车电子 1,425,891 1,448,090 100,724 28.56 28.26 -18.06

Product Production

Volume

Sales

Volume Stock

Production

Volume

Flux (%)

Sales

Volume

Flux (%)

Stock

Flux (%)

Automotive

Electronics - HMI 29,101,593 28,794,047 1,235,344 0.04 -1.02 33.15

Automotive

Electronics – Car

Connected System

2,052,387 2,052,387 51,583 N/A N/A N/A

Automotive

Electronics –

Automotive Safety

System

45,967,103 38,906,785 5,980,636 N/A N/A N/A

Automotive

Electronics –

Automotive

Components and

Assembly

28,002,994 28,860,185 9,318,518 -2.33 -2.87 -5.70

New Energy Vehicle

Electronics 1,425,891 1,448,090 100,724 28.56 28.26 -18.06

产销量情况说明

Exlanation for Production and Sales

人机交互产品（HMI）：系统级高单价产品出货量增加，低价小型元组件出货量减少，因此销售额

和毛利润率提升明显；

Human-machine interface (HMI) products: shipment of the systematical products with high

unit price increased while shipment of small components with low unit price decreased.

Therefore, sales volume and gross profit rate were obviously improved;

车载互联系统：客户需求旺盛，库存很低；

Car connected system: since the demand from customer sustained strong, the stock was

pretty low;

汽车安全系统：客户需求旺盛，生产量高于库存量；

Automotive safety system: since the demand from customer continued to increase,

production output was much higher than the stock;

电子功能件及总成：因华德相关业务剥离对产销量有一定影响，但毛利润率提升明显；

Automotive components and assembly: since business of Shanghai huade was excluded

from the consolidated range, production and sales were negatively influenced to a certain

extent. However, grossmargin was still obviously improved;

新能源汽车电子：公司该业务产、销量均有较大增长，主要系公司相关客户新能源汽车销量大增

所致。

New energy vehicle electronics: both production volume and sales volume enhaced sharply,

which was mainly because that company expanded sales volume of the new energy vehicles to

meet related customers’ needs.

(3). 成本分析表

(3). Cost Analysis Schedule

单位：元

分行业情况

分行业成本构成

项目本期金额

本期占总

成本比例

(%)

上年同期金额

上年同期占

总成本比例

(%)

本期金额较

上年同期变

动比例(%)

汽车零部件原材料 10,827,792,765.80 73.18 4,373,350,586.41 72.01 147.59

汽车零部件制造费用 3,968,668,575.33 26.82 1,699,943,276.53 27.99 133.46

汽车零部件合计 14,796,461,341.13 100 6,073,293,862.94 100 143.63

分产品情况

分产品成本构成本期金额本期占总上年同期金额上年同期占本期金额较

项目成本比例

(%)

总成本比例

(%)

上年同期变

动比例(%)


人机交互产品(HMI) 原材料 2,639,198,918.23 68.59 2,272,590,940.48 67.06 16.13


人机交互产品(HMI) 制造费用 1,208,779,576.46 31.41 1,116,536,846.20 32.94 8.26


车载互联系统原材料 1,632,560,924.58 82.39 不适用不适用不适用


车载互联系统制造费用 348,939,205.03 17.61 不适用不适用不适用


汽车安全系统原材料 4,516,288,318.95 73.14 不适用不适用不适用


汽车安全系统制造费用 1,658,150,664.93 26.86 不适用不适用不适用


电子功能件及总成原材料 1,389,807,176.07 75.20 1,638,991,536.50 81.59 -15.20


电子功能件及总成制造费用 458,341,737.71 24.80 369,706,955.96 18.41 23.97

新能源汽车电子原材料 278,882,972.00 76.28 188,710,473.23 76.06 47.78

新能源汽车电子制造费用 86,742,460.77 23.72 59,381,415.13 23.94 46.08

智能制造原材料 371,054,455.97 64.11 273,057,636.21 63.89 35.89

智能制造制造费用 207,714,930.43 35.89 154,318,059.23 36.11 34.60

Unit: Yuan

By Industry

Industry Category Amount for the

current period

Percentage

of total cost

for the

current

period (%)

Amount for the

prior period

Percentage

of total cost

for the prior

period (%)

Flux (%)

Automotive Parts Raw materials 10,827,792,765.80 73.18 4,373,350,586.41 72.01 147.59

Automotive Parts Manufacturing

overheads 3,968,668,575.33 26.82 1,699,943,276.53 27.99 133.46

Automotive Parts Total 14,796,461,341.13 100 6,073,293,862.94 100 143.63

By Product

Product Category Amount for the

current period

Percentage

of total cost

for the

current

period (%)

Amount for the

prior period

Percentage

of total cost

for the prior

period (%)

Flux (%)

Automotive

Electronics - HMI Raw materials 2,639,198,918.23 68.59 2,272,590,940.48 67.06 16.13

Automotive Manufacturing 1,208,779,576.46 31.41 1,116,536,846.20 32.94 8.26

Electronics - HMI overheads

Automotive

Electronics – Car

Connected System

Raw materials 1,632,560,924.58 82.39 不适用不适用不适用

Automotive

Electronics – Car

Connected System

Manufacturing

overheads 348,939,205.03 17.61 不适用不适用不适用

Automotive

Electronics –

Automotive Safety

System

Raw materials 4,516,288,318.95 73.14 不适用不适用不适用

Automotive

Electronics –

Automotive Safety

System

Manufacturing

overheads 1,658,150,664.93 26.86 不适用不适用不适用

Automotive

Electronics –

Automotive

Components and

Assembly

Raw materials 1,389,807,176.07 75.20 1,638,991,536.50 81.59 -15.20

Automotive

Electronics –

Automotive

Components and

Assembly

Manufacturing

overheads 458,341,737.71 24.80 369,706,955.96 18.41 23.97

New Energy

Vehicle Electronics Raw materials 278,882,972.00 76.28 188,710,473.23 76.06 47.78

New Energy

Vehicle Electronics

Manufacturing

overheads 86,742,460.77 23.72 59,381,415.13 23.94 46.08

Intelligent

Manufacturing Raw materials 371,054,455.97 64.11 273,057,636.21 63.89 35.89

Intelligent

Manufacturing

Manufacturing

overheads 207,714,930.43 35.89 154,318,059.23 36.11 34.60

成本分析其他情况说明

Cost Analysis and Explanation for other Situation



因 KSS 和 PCC 业务并表原因，使得原材料在成本中所占比例有所增加；公司将对供应链进行

优化和整合，继续推进全球采购，使原材料成本降低；此外，公司继续在低成本地区（中国、墨

西哥、马其顿）投资建厂或扩充生产线，降低生产成本。

Since KSS and PCC were included in the consolidated financial reporting, the proportion of raw

materials accounting for the total cost increased. Company would continue to :

(1) optimize and integrate the supply chain;

(2) promot the global procurement operation to reduce the cost of raw materials;

(3) invest and establish operations, or expand production capacities in the low-cost regions

(China, Mexico and Macedonia) to reduce production costs.

(4). 主要销售客户及主要供应商情况

(4). Major Customers and Suppliers



前五名客户销售额 11,835 百万元，占年度销售总额 64%；其中前五名客户销售额中关联方销售额

0 万元，占年度销售总额 0 %。

Total revenue of the top 5 customers was about RMB 11.835 billion, accounting for 64% of the

annual revenue. The total revenue of related party among those top 5 customers was nil,

accounting for 0% of the annual revenue.

前五名供应商采购额 1,366 百万元，占年度采购总额 9%；其中前五名供应商采购额中关联方采购

额 0 万元，占年度采购总额 0%。

Total purchasing amount of the top 5 suppliers was RMB 1.366 billion, occupying 9% of the

annual purchasing amount. The total purchasing amount of related parties among the top 5

suppliers was nil, occupying 0% of the annual purchasing amount.

2. 费用

2. Expenses



销售费用：并购后，公司在全球范围内进行销售端的客户整合，改进销售控制管理体系，已取得

较好的效果，降低了整体销售费用的比重；

Selling expenses: after the acquisitions, company integrated the customer resources all over

the world to improve the sales control and management system, which yielded favorable results

and effectively reduced the share of the entire selling expense in revenue;

管理费用：并购后销售收入的提升导致的管理费用增加。虽然绝对数字增长较大，但是管理费用

占销售比重整体上呈下降趋势，为协同效应的体现。预计未来管理费用的整体下降趋势仍将延续；

Administrative expenses: the dramatic increase in administrative expense was mainly due to

the improved revenue after the acquisitions. Despite the larger growth of the absolute number,

the share of administrative expenses in the revenue presented a downward trend as a result of

synergistic effects. It is predicted that the overall the administrative expenses will continue to

drop in the future;;

财务费用：系公司新增的长短期借款余额增加所致。

Financial expenses: the sharp increase in financial expenses was primarily caused by new bank

loans within the reporting period.

3. 研发投入

3. R&D Expenditrues

研发投入情况表



单位：元

本期费用化研发投入 701,896,789.44

本期资本化研发投入 457,732,489.56

研发投入合计 1,159,629,279.00

研发投入总额占营业收入比例（%） 6.25%

公司研发人员的数量 2,045

研发人员数量占公司总人数的比例（%） 8.49%

研发投入资本化的比重（%） 39.47%

R&D Expenditrues Table

Unit: Yuan

Expensed R&D expenditures 701,896,789.44

Capitalized R&D expenditures 457,732,489.56

R&D expenditures in total 1,159,629,279.00

R&D expenditures as a percentage of revenue (%) 6.25%

No. of R&D staff 2,045

No. of R&D staff as a percentage of toal No. of staff 8.49%

R&D capitalization percentage (%) 39.47%

情况说明

Explanation



公司作为技术驱动的汽车零部件企业，始终坚持技术优先的原则，保持在工程技术和研发领

域的高投入。报告期内，公司紧跟汽车智能化、互联化和新能源化的潮流趋势，在汽车电子等相

关领域加大研发投入，使公司在细分领域一直保持领先。除人员和项目方面的投入，公司 16 年在

印度和美国硅谷新建，在中国和德国扩建研发中心，为未来持续发展打下坚实基础。

As a technology-driven automotive parts enterprise, company always adheres to the principle

that technology is of the top priority, and maintained high investment level in the engineering

technologies and R&D fields. During the reporting period, company kept up with the auto trends

of intelligence, interconnection and new-energy-orientation by enlarging the R&D investment in

the related fields such as automotive electronics, to keep the company’s leading position in the

segment fields. In addition to investments in personnel and projects, in 2016, not only new R&D

centers were established in India and silicon valleys, US, but also tended in China and

Germany to lay the solid foundation for the future development.

4. 现金流

4. Cash Flow



经营活动产生的现金流量变化：因业务增长影响导致经营活动现金流量较去年增长。

Changes in the net cash flow from operating activities: due to the business growth in this year,

the net cash flow from operating activities rose by about 15.13%.

筹资活动产生的现金流量变化：主要系新增借款和非公开发行筹集资金所致。

Changes in the net cash flow from financing activities: as a result of the new loans and raised

funds from non-public offering.

投资活动产生的现金流量变化：主要系并购 KSS 项目及 TS 项目所致。

Changes in the net cash flow from investment activities: rise was mainly caused by acquiring

the KSS and TS.

(二) 非主营业务导致利润重大变化的说明

(2) Explanation for the Significant Changes in Profitabilities Caused by the Non-major

Business



(三) 资产、负债情况分析

(3) Assets and Liabilities Analysis



1. 资产及负债状况

1. Assets and Liabilities

单位：元

项目名称本期期末数

本期期末

数占总资

产的比例

（%）

上期期末数

上期期末

数占总资

产的比例

（%）

本期期末

金额较上

期期末变

动比例（%）

情况

说明

货币资金 9,191,003,348.07 24.69 3,424,564,301.89 30.02 168.38

应收账款 4,401,700,195.98 11.82 1,113,766,716.96 9.76 295.21

存货 3,003,625,378.63 8.07 1,167,401,597.82 10.23 157.29

固定资产 5,578,169,211.23 14.98 2,459,676,540.97 21.56 127.23

在建工程 1,072,097,625.17 2.88 461,577,727.01 4.05 132.27

短期借款 3,625,480,525.93 9.74 1,772,577,485.52 15.54 104.53

长期借款 9,113,488,978.42 24.48 573,742,215.63 5.03 1,530.35

应付账款 4,303,959,061.39 11.56 1,015,424,561.44 8.90 323.86

Unit: Yuan

Account 2016/12/31

Percentage

of total

assets in

the current

period (%)

2015/12/31

Percentage

of total

assets in

the

previous

period (%)

Amount

Flux (%) Note

Cash and

bank

balances

9,191,003,348.07 24.69 3,424,564,301.89 30.02 168.38

Accounts

receivable 4,401,700,195.98 11.82 1,113,766,716.96 9.76 295.21

Inventories 3,003,625,378.63 8.07 1,167,401,597.82 10.23 157.29

Fixd assets 5,578,169,211.23 14.98 2,459,676,540.97 21.56 127.23

Construction

in progress 1,072,097,625.17 2.88 461,577,727.01 4.05 132.27

Short-term

borrowings 3,625,480,525.93 9.74 1,772,577,485.52 15.54 104.53

Long-term

borrowings 9,113,488,978.42 24.48 573,742,215.63 5.03 1,530.35

Accounts

payable 4,303,959,061.39 11.56 1,015,424,561.44 8.90 323.86

其他说明

Other Explanations

各项资产增长的主要原因系并购公司 KSS 和 TS 的资产并表所致。

Increases in assets were mainly because that KSS and TS were included in the consolidated

scope after the acquisitions.

长短期借款增长的主要原因系业务增长需求和并购贷款所致。

The rises in the long and short-term loans were mainly caused by the demands for business

growth and loans for acquisition projects.

2. 截至报告期末主要资产受限情况

2. Restrictions of the major assets by the report period



3. 其他说明

3. Other Explanations



(四) 行业经营性信息分析

(4) Industry Information Analysis



汽车制造行业经营性信息分析

Automotive Industry Information Analysis

1. 产能状况

1. Production Capacity



2. 整车产销量

2. Production and Sales of Vehicles



3. 零部件产销量

3. Production and Sales of Automotive Parts



按零部件类别 By Automotive Parts Category



销量产量

零部件类别本年

累计

去年

累计

累计同

比增减

（%）

本年

累计

去年

累计

累计同

比增减

（%）


人机交互产品(HMI) 28,794,047.00 29,089,497 -1.02 29,101,593.00 29,089,497 0.04


车载互联系统 2,052,387.00 不适用不适用 2,052,387.00 不适用不适用


汽车安全系统 38,906,784.60 不适用不适用 45,967,102.70 不适用不适用


电子功能件及总成 28,860,185.29 29,713,756 -2.87 28,002,994.11 28,669,765 -2.33

新能源汽车电子 1,448,090.19 1,129,016 28.26 1,425,890.55 1,109,106 28.56

Sales Volume Production Volume

Product Cumulative

value in current year

Cumulative value in previous

year

Flux (%)

Cumulative value in

current year

Cumulative value in

previous year

Flux (%)

Automotive

Electronics - HMI 28,794,047.00 29,089,497 -1.02 29,101,593.00 29,089,497 0.04

Automotive

Electronics – Car

Connected System

2,052,387.00 N/A N/A 2,052,387.00 N/A N/A

Automotive

Electronics –

Automotive Safety

System

38,906,784.60 N/A N/A 45,967,102.70 N/A N/A

Automotive 28,860,185.29 29,713,756 -2.87 28,002,994.11 28,669,765 -2.33

Electronics –

Automotive

Components and

Assembly

New Energy

Vehicle Electronics 1,448,090.19 1,129,016 28.26 1,425,890.55 1,109,106 28.56

按市场类别 By Market Category

□适用 √不适用 Applicable Not applicable√

4. 新能源汽车业务

4. New Energy Vehicle Business

□适用 √不适用 Applicable Not applicable√

5. 其他说明

5. Other Explanations



(五) 投资状况分析

(5) Investment Status Analysis

1、对外股权投资总体分析

1. General Analysis on Foreign Equity Investment



报告期内，公司紧跟汽车行业发展潮流，通过实施重大资产购买以及一系列股权投资，进入

汽车安全市场领域，进一步完善公司在自动驾驶领域的产品布局，特别是在主被动安全、车载信

息和车联系统和智能 HMI 领域的业务布局，在智能汽车特别是自动驾驶和汽车信息领域以及智能

制造业务得到全面提升。

During the reporting period, company kept up with the development trends of the automotive

industry, and entered the field of automotive safety market by implementing the major asset

purchase and a series of equity investments so as to improve the company’s product layout in

the field of automatic driving, especially the business layout in the fields of active and passive

safeties, telematics, car connected system and intelligent HMI. The product layout in the

intelligent vehicles, especially the automatic driving and vehicle information as well as the

intelligent manufacturing business were comprehensively improved.

(1) 重大的股权投资

(1) Significant Equity Investments



2016 年上半年，公司完成对美国 KSS100%股权和德国 TS 公司 100%股权的收购，具体详见《均

胜电子重大资产购买实施情况报告书》；

In the first half of 2016, company completed the 100% share acquisition of the KSS and TS, all

details were specified in Joyson Electronics: Report about Implementing the Major

Asset-purchase;

2016 年 4 月，公司完成受让普瑞控股管理团队持有的普瑞控股 1.938%的股权，具体内容详见

《均胜电子关于受让德国普瑞控股有限公司股权暨关联交易公告》；

In April 2016, company completed the assigning of the 1.938% shares from management team

of the Preh Holding, the details were specified in Joyson Electronics: Assigning the Stock Right

& Connected Transaction with the Preh Holding Gmbh;

2016 年 5 月，公司全资子公司均胜智能车联收购 Car Joy10%的股权，具体内容详见《均胜电

子重大资产购买进展及对外投资公告》；

In May 2016, company’s wholly-owned subsidiary Ningbo Joyson Intelligent Telematics Co., Ltd.

purchased 10% stock right of Car Joy, the details were specified in Joyson Electronics:

Progress of Major Asset Purchase and External Investment;

2016 年 5 月，公司全资子公司 PIA 购买 Phillips Service Industries Inc.持有的 EVANA100%股权

和相关知识产权，具体内容详见《均胜电子关于全资子公司收购 EVANA Automation 全部股权的公

告》；

In May 2016, the company’s wholly-owned subsidiary PIA purchased 100% of the EVANA stock

right held by Phillips Service Industries Inc. and the related intellectual property rights, see

details in Joyson Electronics: Wholly-owned Subsidiary’s purchase of all shares from EVANA

Automation;

2016 年 12 月，公司合资公司参股设立中芯集成电路（宁波）有限公司，具体内容详见《均

胜电子关于合资公司参股设立中芯集成电路（宁波）有限公司及公司电动车无线充电业务进展的

公告》。

In December 2016, company’s joint venture company participated in establishing Smic

integrated circuit (Ningbo) Co., Ltd., see details in Joyson Electronics: Joint-venture Company’s

Participation in Establishing Smic Integrated Circuit (Ningbo) and the Progress of the

Company’s Electric Vehicle Wireless Charging Business.

(2) 重大的非股权投资

(2) Siginificant Non-equity Investments



(3) 以公允价值计量的金融资产

(3) Financial assets measured by the fair value



(六) 重大资产和股权出售

(6) Sale of Significant Assets and Shares



(七) 主要控股参股公司分析

(7) Major Holding and Joint-stock Companies Analysis



公司主要子公司、参股公司的经营情况及业绩分析（万元人民币）

公司名称所处行业主要产品或服务注册资本持股比例（%）总资产营业收入

宁波均胜汽车电子股份

有限公司汽车零部件汽车零部件制造 8,000.00

75(直接) 196,404.47 158,358.33

25(间接)

德国普瑞控股有限公司汽车零部件汽车零部件制造 470,599.00 欧元 100 795,750.00 862,321.18

Quin GmbH 汽车零部件汽车零部件制造 1,250,000.00欧元 75 144,514.57 99,239.89

KSS Holdings Inc. 汽车零部件汽车零部件制造 1,100.00 美元 100 1,188,253.87 729,927.22

Operation analysis for major holding and joint-stock companies (in ten thousand RMB)

Company Name Industry Main Products

or Service

Rigistered

Capital

Shareholding

Ratio (%) Total Assets Revenue

Ningbo Joyson

Automotive Electronic

Holding Co., Ltd.

Automotive

Parts

Automotive

Parts

Manufacturing

8,000.00

75 (direct)

196,404.47 158,358.33 25 (indirect)

Preh Holding Gmbh Automotive

Parts

Automotive

Parts

Manufacturing

Euro 470,599.00 100 795,750.00 862,321.18

Quin GmbH Automotive

Parts

Automotive

Parts

Manufacturing

Eruo 1,250,000.00 75 144,514.57 99,239.89

KSS Holdings Inc. Automotive

Parts

Automotive

Parts

Manufacturing

USD 1,100.00 100 1,188,253.87 729,927.22

(八) 公司控制的结构化主体情况

(8) Structured Entities Controlled by Company Analysis



1 导致暂停上市的原因

1 Reasons for IPO suspended



2 面临终止上市的情况和原因

2 Situations and reasons for the termination of IPO



3 公司对会计政策、会计估计变更原因及影响的分析说明

3 Analysis and explanation for the reasons and influences of changes in accounting policy

and accounting estimation



4 公司对重大会计差错更正原因及影响的分析说明

4 Analysis and explanation for the reasons and influences of the corrections to significant

accounting error



5 与上年度财务报告相比，对财务报表合并范围发生变化的，公司应当作出具体说明。

5 Comparing with the financial reports of the previous year, company should make specific

explanation in case of changes in the consolidation scope for the financial statements.



报告期内，公司发生非同一控制下企业合并，公司完成对 KSS Holdings Inc.100%股权、

TechniSat Digital GmbH, Dresden100%股权及 EVANA Automation100%股权等的收购，公司财务

报表合并范围发生变化，详见公司 2016年年度报告第十二节“八、合并范围的变更和九、在其他

主体中的权益”。

During the reporting period, company undergone the business combination under the

non-common control and completed purchasing the 100% share rights of KSS Holdings Inc.,

TechniSat Digital GmbH, Dresden and EVANA Automation; the company’s consolidation scope

for financial statements was changed, please refer to Section 12 “(VIII) Changes in the

Consolidation Scope and (IX) Right and interest in other entities ” in the 2016 annual report for

details.

joyson electronic 2016 annual report...

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