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Electronics & Software

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Huizhou Desay SV

Huizhou Desay SV

Huizhou Desay SV

Verified Sep 2026

Electronics & Software

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China flag

Huizhou, China

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Since 1986

Huizhou Desay SV Automotive Co., Ltd. is a Shenzhen-listed Chinese Tier-1 automotive electronics manufacturer founded in 1986 and headquartered in Huizhou, Guangdong. The company designs and produces intelligent cabin systems, ADAS domain controllers, and connected-services software for more than 80 OEM customers across 26 global locations, reporting €4.0 billion in revenue and 7.9% operating income margin for FY2025.

Huizhou Desay SV

Verified Sep 2026

AT A GLANCE

Founded

1986

Headquarters

China flag

Huizhou, China

Employees

10,000–20,000

Ownership

Listed

Huizhou Desay SV at a glance

Revenue

€4.0B

FY2025

Employees

10,000–20,000

Founded

1986

Headquarters

Huizhou, China

Ownership

Listed

SZE: 002920

Certifications

IATF 16949

Claimed

Known customers

FAW-Volkswagen (FulScience JV, 2019) · Dongfeng Motor · Li Auto · BYD · Xpeng · Geely · SAIC-VW · 80+ OEM relationships per company IR

Industries

Automotive

Electric Vehicles

Electronics

STABILITY SIGNALS

Established & strong

FinancialStrong
QualityModerate
ScaleStrong
TenureStrong

€4.0B revenue (FY2025, Berylls automotive sector), 7.9% operating income margin, +13.1% year-over-year growth.

Listed on the Shenzhen Stock Exchange since 2017 (002920); 40 years of continuous operation since 1986.

80+ OEM customers per company investor relations; active series-production program wins in 2025-2026 including a five-year radar antenna supply agreement signed September 2026.

What Huizhou Desay SV makes

Huizhou Desay SV develops and manufactures automotive electronics across three integrated product divisions: intelligent cabin, intelligent driving, and connected services. The company describes itself as a full-stack provider, meaning it develops both the hardware and the software that runs on it.

The intelligent cabin division covers display systems, head-up displays, instrument clusters, in-vehicle infotainment (IVI) systems, smart amplifiers, wireless charging pads, and the domain controllers that tie these components together into a single computing platform. Its cockpit domain controller -- the hardware brain that runs multiple cabin functions from one unit -- was among the first in the world to reach mass production, per the company's development history. The company's G10PH platform, announced in January 2025 in collaboration with Qualcomm, targets OEMs seeking high-compute AI-enabled cabin systems running on Qualcomm's Snapdragon Elite Automotive silicon.

The intelligent driving division supplies assisted driving domain controllers, the compute platforms required for ADAS feature sets from L1 to L2+ automation. It also manufactures sensing hardware including surround-view cameras, which the company produces using a chip-on-board (COB) process and certifies to ASIL B functional safety requirements. In September 2026, Desay SV signed a five-year series-production supply agreement with Gapwaves AB for waveguide radar antennas for next-generation automotive radar programs at a global OEM.

Connected services covers over-the-air (OTA) update software, telematics and cloud-connected software stacks, and smart entry (keyless access) systems. Desay SV also holds a joint venture with FAW equity -- FulScience Automotive Electronics Co., Ltd. -- established in 2019, which further integrates it with a major domestic OEM supply chain. The company holds more than 4,300 patent applications, per its own investor materials, and participates in drafting over 150 industry standards.

Financial performance

Huizhou Desay SV reported revenue of RMB 32.557 billion in FY2025, equivalent to approximately €4.0 billion at prevailing exchange rates, per the Berylls Top-100 Automotive Suppliers 2026 study. Revenue grew 13.1% year-over-year from RMB 27.7 billion in FY2024. Operating income margin was 7.9% in FY2025, up from 7.6% in FY2024. Net profit attributable to shareholders was RMB 2.454 billion, a 22.4% increase year-over-year, per the company's 2025 annual report summary published in March 2026. Operating cash flow reached RMB 2.884 billion. The company employs more than 12,000 people across 26 global locations.

These figures reflect the automotive segment only, as compiled in the Berylls study; Desay SV is part of the broader Desay Corporation group but operates and reports as an independent listed entity. No perimeter changes or spin-offs were indicated in the Berylls notes for this entry.

Ownership and history

The company traces its origin to 1986, when Car Audio Electronics Co., Ltd. was established as a joint venture manufacturing car audio systems in Huizhou, Guangdong Province, China. The entity evolved through successive product expansions -- into instrument clusters, IVI systems, and then intelligent driving -- before listing on the Shenzhen Stock Exchange in 2017 under the ticker 002920. Forty years of operation have produced a company that the Berylls study ranks 82nd among the world's largest Tier-1 automotive suppliers.

Today, Desay SV's global footprint spans 26 locations including plants in Europe (Spain, Germany), Mexico, Japan, Singapore, and additional facilities in China. A DESAY SV Europe Technology Park broke ground in 2024, and a Spain intelligent factory broke ground the same year, signaling continued investment in the regions where its OEM customers are expanding EV production. The company partnered with VfL Wolfsburg in July 2026 as a top commercial partner, a move the company described as supporting its brand presence in Europe.

Desay Corporation remains a significant shareholder. The publicly listed Huizhou Desay SV entity operates independently, files its own annual reports with the Shenzhen exchange, and publishes investor communications in both Chinese and English.

Certifications and quality

Desay SV operates under IATF 16949, the sector-standard quality management system for automotive suppliers, per the company's own claims. Its camera products carry ASIL B functional safety certification, as stated on the product page for its surround-view camera line. The company describes a formal APQP and PPAP process as standard procedure for new product launches. Specific certification dates and registrar details were not retrieved in this research pass.

Known customers

Desay SV states relationships with more than 80 OEM customers globally, per its investor relations materials. Named relationships with documentary support include: FAW-Volkswagen (the FulScience joint venture, established 2019, integrates Desay SV into the FAW-VW supply chain by ownership structure), Dongfeng Motor (deepened strategic partnership agreement signed August 2025 in Wuhan), and a broad domestic Chinese OEM base the company has disclosed in its investor materials including Li Auto, BYD, Xpeng, Geely, Great Wall, GAC Aion, SAIC-Volkswagen, and Changan-Ford. Overseas, the company serves Mazda and Toyota joint ventures in China, per the same disclosed materials.

The Gapwaves radar supply agreement signed September 2026 names an undisclosed global OEM as the end customer.

Recent news

September 2026 -- Gapwaves AB (Sweden) and Desay SV signed a five-year supply agreement for series production of Gapwaves' waveguide antennas for next-generation automotive radar, moving from a development and qualification phase that began in February 2026 (MarketScreener, Gapwaves press release).

July 2026 -- Desay SV announced a top commercial partnership with VfL Wolfsburg, Germany's Bundesliga club, describing the move as part of its European brand and global strategy expansion (company newsroom).

August 2025 -- Desay SV and Dongfeng Motor signed a deepened strategic cooperation agreement in Wuhan, expanding on an existing multi-year supply relationship in smart mobility hardware-software systems (Gasgoo).

Frequently asked questions

What does Huizhou Desay SV make?

Huizhou Desay SV manufactures automotive electronics across three divisions: intelligent cabin systems (displays, instrument clusters, IVI, cockpit domain controllers), intelligent driving hardware (ADAS domain controllers, cameras, radar-integrated sensors), and connected services software (OTA, telematics, smart entry). It operates as a full-stack developer, producing both hardware and the embedded software that runs on it.

Who owns Huizhou Desay SV?

Huizhou Desay SV is an independently listed company on the Shenzhen Stock Exchange (ticker: 002920, listed 2017). Desay Corporation is a significant shareholder in the broader Desay group. The company was founded in 1986 as a joint venture and has operated continuously from its base in Huizhou, Guangdong Province, China.

What is Huizhou Desay SV's revenue?

Huizhou Desay SV reported revenue of approximately RMB 32.6 billion (around €4.0 billion) in FY2025, reflecting 13.1% year-over-year growth, per the Berylls Top-100 Automotive Suppliers 2026 study and the company's own annual report summary. Operating income margin was 7.9%.

Where is Huizhou Desay SV headquartered?

Huizhou Desay SV is headquartered at No. 6 Huitai North Road, Huinan High-tech Industrial Park, Huizhou, Guangdong Province, China. The company also operates plants in Europe (Spain, Germany), Mexico, Japan, Singapore, and multiple locations across China.

Who are Huizhou Desay SV's customers?

The company states more than 80 OEM relationships globally, per its investor materials. Documented customers include FAW-Volkswagen (via the FulScience joint venture), Dongfeng Motor, Li Auto, BYD, Xpeng, Geely, SAIC-Volkswagen, and Changan-Ford, among others. A five-year radar supply agreement signed in September 2026 names an undisclosed global OEM as the end customer.

Last verified September 2026. Is this your company? Request a correction.

Location & contact

Huizhou (HQ)Headquarters · Guangdong Province, China
Guadalajara, SpainManufacturing · Guadalajara, Spain
Munich, GermanyR&D / Technology Center · Munich, Germany
Aguascalientes, MexicoManufacturing · Aguascalientes, Mexico
Tokyo, JapanOffice / Engineering · Tokyo, Japan
SingaporeOffice · Singapore
Huizhou (HQ)No. 6 Huitai North Road, Huinan High-tech Industrial Park, Huizhou, Guangdong Province, ChinaGroup headquarters; intelligent cabin, ADAS, and connected-services R&D and manufacturing

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