Bohai Automotive Systems Co., Ltd. (Formerly Shandong Binzhou Piston Co., Ltd.)
-A major manufacturer of pistons in China.
-As of December 2017, the Company produces about 1,000 types of pistons, which are 30-400 millimeters in diameter. It has the capacity to produce over 30 million pistons and 10 million piston rings per year.
-Products are supplied to OEMs including FAW and engine manufacturers. As of December 2017, the Company gained 35% market share of Chinese domestic market. It is one of the few companies in China that can produce products meeting 60% Euro III and Euro IV standards. It has markets in North America, Europe, East Asia, and the Middle East.
|Listed on the Shanghai Stock Exchange.||(As of Dec. 31, 2017)|
|Shareholder||Investment Ratio (%)|
|Beijing Hainachuan Automotive Parts Co., Ltd.||23.04|
|Beijing Automotive Group||21.71|
|Shenzhen Tianfeng Tiancheng Asset Management Co., Ltd-Tianfu No. 13 Asset Management Plan||3.52|
-Pistons for Gasoline Engines
-Pistons for Diesel Engines
-Pistons used in Compressors
-Lightweight Auto Parts
|Mar. 1999||The present company was established with Shandong Piston Factory as a founder.|
|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 Company planned to stop production at Changchun Bohai Piston Co., Ltd. and disposed its assets.|
|Jun. 2014||Changchun Bohai Piston Co., Ltd., the Company's subsidiary, completed the registration of cancellation procedures.|
|Aug. 2016||The Company set up "Beijing Hainachuan Hanon Automotive Parts Co.,Ltd." with Hanon System.|
|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 wholly subsidiary "Binzhou Bohai Piston Co., Ltd."|
|Nov. 2017||The Company changed its name to "Bohai Automotive System Co. Ltd."|