Beijing Automotive becomes major shareholder of Shandong Binzhou Bohai Piston  [ China ]

Shandong Binzhou Bohai Piston Co., Ltd. announced that the State-owned Assets Administration Office of Binzhou City has transferred the entire 32.06 percent share it had held in Shandong Binzhou Bohai Piston to Beijing Automotive for free. (From an announcement by the company on April 24, 2015)