Ningbo entrepreneur attends Sino-German business roundtable
China DailyA view of Preh GmbH, a subsidiary of Joyson Electronics, which is based in Bavaria, Germany. A delegation of 15 Chinese entrepreneurs, including Wang Jianfeng, chairman of Joyson Group, a leading auto component maker based in Ningbo, attended the Sino-German entrepreneur roundtable held on June 20. Joyson Group has long been known for its association with leading German automobile companies, supplying them with automotive electronics, safety equipement, and smart tools. Joyson Electronics, the subsidiary of Joyson Group, has invested about 1.5 billion euros in setting up four R&D centers and eight production bases across Germany, which have an estimated yearly revenue of 1.7 billion euros. Official statistics reveal that from January to May, Ningbo's imports and exports to the EU amounted to 90.65 billion yuan.