Beijing Automotive to obtain 32.06 percent in Shandong Binzhou Bohai Piston  [ China ]

Shandong Binzhou Bohai Piston Co., Ltd. announced that the State-owned Assets Administration Office of Binzhou City and the Beijing Automotive Group have signed a share transfer agreement. In accordance with the agreement, the State-owned Assets Administration Office will transfer a 32.06 percent share in Shandong Binzhou Bohai Piston to Beijing Automotive for free. (From an announcement by the...