Bohai Automotive Systems Co., Ltd.

Company Profile

■URL

http://www.bohai-auto.com

■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, 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