Joyson Electronic Wins Shareholder Backing for Dividends and New Financing Plans

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2026.05.12 14:35
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Ningbo Joyson Electronic Corp. (HK:0699) received shareholder approval for all resolutions at its 2025 annual general meeting, including a profit distribution plan and authorization for the board to formulate the 2026 interim profit distribution plan. Shareholders also endorsed plans for issuing various financing bills and authorized comprehensive credit facilities to enhance financial flexibility. The latest analyst rating for the stock is a Buy with a price target of HK$21.30. Joyson specializes in automotive electronics and safety systems, with a market cap of HK$34.99B.