Joyoung Co., Ltd. (002242.SZ) engages in the research, development, production, and sale of small household kitchen appliances and related products primarily in China with international operations. The company offers soymilk machines, wall-breaking machines (blenders), induction cookers, rice cookers, air fryers, food processors, cooking machines, juicers, electric kettles, pressure cookers, noodle makers, electric steamers, water purifiers, ovens, range hoods, dishwashers, and cookware; it also handles the storage, processing, and sales of grain and soybean materials. Founded in 1994 and headquartered in Jinan, Shandong Province, China, Joyoung pioneered the fully automatic household soymilk machine and maintains manufacturing bases in Jinan and Hangzhou while targeting consumers in Greater China and select overseas markets including Asia Pacific regions.
In recent developments, Joyoung reports revenue declines amid industry challenges but achieves profit growth through cost controls and premiumization efforts, with net profit attributable to shareholders rising 26% year-over-year to RMB 124 million in the first three quarters of 2025; the company wins the 2025 Germany IF Design Award and participates in the 2025 AWE appliance exhibition while deepening R&D collaborations such as with Zhejiang University.