Yanfeng International and Tonly sign Joint-Venture Cooperation Agreement
Shanghai, China
19.10.2026

Yanfeng International Automotive Technology Co., Ltd. (hereinafter referred to as "Yanfeng International") and Tonly Technology Co., Ltd. (hereinafter referred to as "Tonly") formally entered a joint venture partnership. The collaboration will combine Yanfeng International's strengths in car audio with Tonly's technological expertise in speakers. Leveraging the strong global resources of both shareholders, the partnership will provide integrated solutions for the cabin acoustic market.

Zang Chungao, CEO of Yanfeng International, noted: "Yanfeng International and Tonly have highly complementary resources and strong strategic synergy in cabin acoustics. Together, we will build an end-to-end competitive advantage spanning R&D, supply chain, manufacturing, and global delivery, bring more immersive and personalized auditory smart cabin experiences to consumers worldwide."

Yu Guanghui, CEO of Tonly, said: "The company has long kept an eye on market opportunities in cabin acoustics. By joining forces, Tonly and Yanfeng International will draw on each other's premier resources to steadily enhance our core competitiveness and service capabilities in cabin acoustics."

Through this partnership, Yanfeng International has extensive capabilities in car audio product innovation for the smart cabin, together with system integration expertise in seating and other cabin-related components, as well as robust automotive-grade system and proven production expertise. Tonly will transfer its speaker capabilities from consumer electronics into cabin, introducing premium consumer-grade audio performance. Meanwhile, through this collaboration, the two companies will pursue comprehensive synergies to develop integrated cabin acoustic system solutions and deliver exceptional cabin acoustic experiences to customers.

About Yanfeng:

Started as a wooden mold workshop in 1936, Yanfeng is a leading global automotive supplier, focusing on interiors, seating, cockpit electronics, passive safety, and exteriors, and is exploring new business actively. In 2026, it ranked 15th on the Automotive News list of the top 100 global automotive suppliers.

Headquartered in Shanghai, China, Yanfeng has more than 220 sites and approximately 60,000 employees worldwide. The technical team of 6,600 experts is based in 14 R&D centers and other regional offices, with complete capabilities including engineering & software development, design, and test validation.

Focusing on smart cabin and sustainable technologies, adhering to high-quality and sustainable growth, Yanfeng supports automakers to explore future mobile spaces and provide leading cabin solutions.

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