Bohai Automotive Systems Co., Ltd.
Company Profile
Business Overview
The Company, a Chinese state-owned enterprise, is an automotive-parts manufacturer in the BAIC Group. Its main products include pistons, components, lightweight parts, wheels, air-conditioners, shock absorbers, exhaust systems, and fuel tanks. It produces lightweight parts, powertrain parts, chassis assemblies, and heat-exchange systems for new-energy vehicles and traditional vehicles. The pistons that the Company produces are compliant with the Euro 5 and China 6 standards. It delivers products to numerous OEMs and Tier 1 suppliers based in and outside of China.
-The Company produces over 1,000 types of pistons, which are 30-400 millimeters in diameter. They are being delivered to industries using power machinery such as the automotive, shipbuilding, and construction-equipment industries.
Shareholders
Listed on the Shanghai Stock Exchange. | (As of Dec. 31, 2020) |
Shareholder | Investment Ratio (%) |
Beijing Hainachuan Automotive Parts Co., Ltd. | 23.04 |
Beijing Automotive Group | 21.71 |
Others | 55.25 |
Total | 100.00 |
Products
-Pistons for gasoline engines
-Pistons for diesel engines
-Pistons used in compressors
-Ceramic internally cooled aluminum piston
-Integral forged steel structure piston
-Laser remelting piston
-Pressure casting piston
-Piston pins
-Wear-resistant inserts
-Piston Assembles
-Lightweight Auto Parts
-Wheel Hub
-Automotive A/C
-Shock Absorber
-Exhaust System
-Fuel Tank
-Start-stop Batteries
History
Mar. 1999 | Shandong Piston Factory was established. |
Jul. 2004 | The Company was listed on Shanghai Stock Exchange. |
Feb. 2005 | Acquired Changchun Bohai Piston Co., Ltd. |
Dec. 2010 | The Company will transfer all the shares it has in Huimin Bohai Piston Co., Ltd. to Binzhou Mengwei Slinger Cylinder Liner Co., Ltd.. |
Mar. 2011 | The production at Changchun Bohai Piston Co., Ltd. was stopped. |
Jun. 2014 | Changchun Bohai Piston Co., Ltd. was deregistered. |
Aug. 2016 | The Company set up "Beijing Hainachuan Hanon Automotive Parts Co.,Ltd." with Hanon Systems. |
Feb. 2017 | The Company set up "Bohai Johnson Controls Battery Co., Ltd." with Johnson Controls. |
Feb. 2017 | The Company set up "Johnson Controls Bohai Battery (Binzhou) Co., Ltd." with Johnson Controls. |
Jun. 2017 | The Company set up a wholly-owned subsidiary named "Binzhou Bohai Piston Co., Ltd." |
Nov. 2017 | The Company changed its name to "Bohai Automotive Systems Co., Ltd." |
Aug. 2018 | The Company acquired 75% shares in TRIMET Automotive Holding GmbH and the plants of its subsidiaries in Harzgerode and Soemmerda. |
May. 2019 | The Company’s technical center was opened. |
Sep. 2019 | The Company announced the plan to sell 51% shares in its subsidiary Bohai Johnson Controls Battery Co., Ltd. |
Aug. 2020 | Sold 51% of the stock shares held in a subsidiary Clarios Bohai (Binzhou) Electric Co., Ltd. |
Supplemental Information 1
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Note: A figure in brackets ( ) indicates a loss