Bohai Automotive Systems Co., Ltd.

Company Profile

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■Address

No.569, Bohai 21th Rd., Binzhou City, Shandong 256602, China

Business Overview

-The Company, a Chinese state-owned enterprise, is an automotive-parts manufacturer in the BAIC Group. Its main products include pistons, lightweight components, 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.

-Chinese domestic customers include Weichai Power, FAW, Dongfeng Motor, SAIC Motor, Guangxi Yuchai, Dongfeng Cummins, Sinotruk, Foton Motor, JAC, Changan, GAC, Chery, Great Wall, BYD, Jiangling Motors, and Geely. Customers outside of China include Cummins, Volkswagen, Mercedes Benz, Caterpillar, Chrysler, GE, Navistar, Deutz, MAN, Kohler, John Deere, Kawasaki Heavy Industries, and Yanmar.

-The Company also manufactures and sells air conditioners, plastic fuel tanks, shock absorbers and exhaust systems through joint ventures with auto parts manufacturers including Hanon Systems, Plastic Omnium Auto Inergy and Tenneco.

-The Company produces over 1,000 types of pistons, with diameters ranging from 30 to 400 millimeters. They are being supplied to industries using power machinery such as the automotive, shipbuilding, and construction-equipment industries.

-The Company has brands such as "Bohai" and "GANDERIM", etc.

Shareholders

Listed on the Shanghai Stock Exchange.

(As of Dec. 31, 2023)

Shareholders	Investment Ratio (%)
Beijing Hainachuan Automotive Parts Co., Ltd.	23.04
Beijing Automotive Group Co., Ltd.	21.71
Others	55.25
Total	100.00

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Products

-Pistons for gasoline engines
-Pistons for diesel engines
-Pistons used in compressors
-Ceramic internally cooled aluminum pistons
-Integral forged steel structure pistons
-Laser remelt pistons
-Pressure casting pistons
-Piston pins
-Wear-resistant inserts
-Piston assembles
-Lightweight auto parts
-Wheel hubs
-Automotive A/C
-Shock absorbers
-Exhaust systems
-Fuel tanks

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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.