The problem of safety belt involves 2 million cars! Toyota, Nissan and others may face recall

category:Finance
 The problem of safety belt involves 2 million cars! Toyota, Nissan and others may face recall


On October 19, Junsheng electronics issued a clarification notice, saying that the belt materials of safety belt products produced by Junsheng safety Japan Yangen factory reported by the media had test data integrity problems, which had existed before Junsheng safety acquired assets of Takata company in April 2018. Junsheng safety has no similar situation in other factories outside Japan. At present, Junsheng safety production safety belt does not have the above problems. At the same time, according to the information available at present, there is no safety accident caused by the above matters, and there is no evidence that the above problems will endanger the safety of safety belt products. So far, there have been no comments on the recall.

Two million cars in question

According to public information, Junsheng is the largest supplier of seat belts in Japan, with a market share of nearly 40%. Ten Japanese auto companies, including Toyota, Nissan and Honda, have used products of Japanese Junsheng. According to the prediction of Japans Ministry of land and transportation, there may be 9 million seat belts in Japan, involving about 2 million vehicles.

Japans Junsheng said it had not confirmed any casualties caused by broken seat belts. However, Japans Ministry of land and transportation has asked it to submit an investigation report on violations and product safety as soon as possible, and has informed all car companies to prepare for a large-scale recall.

Due to the investigation and recall of defective parts, it can not help but remind people of the Takata airbag incident in Japan before this. Up to now, the shadow of takadas air bag has not completely dissipated. So far, more than 100 million vehicles have been recalled due to Takata airbag problem worldwide. Takada applied for bankruptcy in 2017 because of the airbag scandal.

Is tampering data a legacy of takada?

Quite intriguing is that the predecessor of Junsheng is Japan Takata company. In 2017, Takata company declared bankruptcy due to huge debts. In April 2018, Takatas other businesses except airbags were acquired by Junsheng security, a subsidiary of Junsheng electronics, and renamed as Junsheng security systems of Japan.

It is for this reason that after the above news was exposed, the announcement of the electronic release was clarified. According to the current investigation, the above occurred mainly in the period from 2000 to 2010, that is, the factory belongs to the high field company. Junsheng security found the above problems in the process of integration after the acquisition of Gaotian assets. It immediately set up a special investigation committee and started the internal investigation procedure. The investigation covered all the data of nearly 20 years, and compared, analyzed and tested item by item. At the same time, it evaluated all affected products in order to reach a final and complete conclusion, safeguard the interests of customers and protect the terminal use Rights and interests of households.

Junsheng electronics said that during the comprehensive investigation and evaluation of the data, Junsheng security Japan subsidiary maintained positive and good communication with customers and regulators, and there was no deliberate concealment. On the basis of the above communication, Junsheng safety supplemented and improved the original test links of the factory, meeting the requirements of safety test data compliance and integrity.

Junsheng electronics said that according to the current information, it has not found any safety accidents caused by the above matters, and there is no evidence that the above problems will endanger the safety of safety belt products. So far, there have been no comments on the recall. The company will timely fulfill the obligation of information disclosure according to the follow-up progress of the matter.

According to the reporter, Junsheng electronics is the worlds second-largest and Chinas No.1 automotive safety system supplier, with a global market share of about 30%. At the same time, Junsheng electronics has a layout in the fields of automotive electronics and intelligent car service, and its cooperative customers include Tesla, BMW, Mercedes Benz, Porsche, Volkswagen, etc.

According to the semi annual performance report released by Junsheng electronics, in the first half of 2020, the operating revenue of Junsheng Electronics was about 20.53 billion yuan, a year-on-year decrease of 33.4%; the net profit attributable to the shareholders of the listed company changed from profit to loss, with a loss of about 539 million yuan; the net profit of 514 million yuan in the same period of last year, with a year-on-year decrease of 204.88%; the basic earnings per share loss was 0.44 yuan, a year-on-year decrease of 204.76%.

In the first half of this year, in the main business of Junsheng electronics, the revenue of automobile safety was 14.55 billion yuan, down 39.0% year-on-year; the revenue of automobile electronics was 3.021 billion yuan, down 7.6% year-on-year; and the revenue of intelligent vehicle joint venture was 1.204 billion yuan, a year-on-year decrease of 24.5%. Cui Yan, a researcher at West China Securities Co., Ltd., believes that the global car market fluctuations caused by the epidemic in the first half of the year affected the overall performance of Junsheng electronics. However, considering the controlled epidemic situation and the gradual recovery of domestic and foreign auto markets, the second quarter may become the bottom of its performance for a period of time in the future, and the performance of Junsheng electronics is expected to rise quarter by quarter. According to the above research, Junsheng electronics has continuously increased the resource investment in China, fully participated in the formulation of Chinas 5gv2x protocol, the development of intelligent connected vehicles, new energy vehicle electronic control system and automobile safety standards, and established or upgraded complete research and development centers in China in the above fields, which are closer to Chinese customers and markets. With the companys accelerated product layout and market expansion, the companys competitive advantage in the Chinese market will be continuously consolidated. Source: Daily Economic News Author: Pei Jianru, editor in charge: Wang Xiaowu_ NF

In the first half of this year, in the main business of Junsheng electronics, the revenue of automobile safety was 14.55 billion yuan, down 39.0% year-on-year; the revenue of automobile electronics was 3.021 billion yuan, down 7.6% year-on-year; and the revenue of intelligent vehicle joint venture was 1.204 billion yuan, a year-on-year decrease of 24.5%.

Cui Yan, a researcher at West China Securities Co., Ltd., believes that the global car market fluctuations caused by the epidemic in the first half of the year affected the overall performance of Junsheng electronics. However, considering the controlled epidemic situation and the gradual recovery of domestic and foreign auto markets, the second quarter may become the bottom of its performance for a period of time in the future, and the performance of Junsheng electronics is expected to rise quarter by quarter.

According to the above research, Junsheng electronics has continuously increased the resource investment in China, fully participated in the formulation of Chinas 5gv2x protocol, the development of intelligent connected vehicles, new energy vehicle electronic control system and automobile safety standards, and established or upgraded complete research and development centers in China in the above fields, which are closer to Chinese customers and markets. With the companys accelerated product layout and market expansion, the companys competitive advantage in the Chinese market will be continuously consolidated.