GUANGZHOU -- Poised for a second major acquisition in a little over a year, Ningbo Joyson Electronic has risen from a virtual nobody in automotive safety components to supplier verging on global reach.
Founded in 2004, Joyson is a new face even in its native China. It listed its shares in Shanghai only in 2011. Sales for the fiscal year ended March 2016 totaled about 18.5 billion yuan ($2.7 billion).