Bohai Automotive Systems Co., Ltd.

Company Profile

■URL

http://www.bhpiston.com/

■Address

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

Business Overview

-Largest manufacturer of pistons in China.

-As of December 2018, the Company produces over 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 major engine manufacturers in China. As of December 2018, the Company gained a 35% market share in the domestic Chinese market. It is one of the few companies in China that can produce products meeting Euro IV and Euro V emission standards. It has markets in North America, Europe, East Asia, and the Middle East.

Shareholders

Listed on the Shanghai Stock Exchange. (As of Dec. 31, 2018)
Shareholder  Investment Ratio (%)
Beijing Hainachuan Automotive Parts Co., Ltd. 23.04
Beijing Automotive Group 21.71
Guangxi Tietou Innovation Capital 2.00
Others 53.25
Total 100.00

Products

-Pistons for gasoline engines
-Pistons for diesel engines
-Pistons used in compressors
-Piston pins
-Wear-resistant inserts
-Piston ASSYs
-Lightweight auto arts
-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.

Supplemental Information 1

>>>Business Report FY2010
>>>Business Report FY2011
>>>Business Report FY2012
>>>Business Report FY2013
>>>Business Report FY2014
>>>Business Report FY2015
>>>Business Report FY2016
>>>Business Report FY2017

Note: A figure in brackets ( ) indicates a loss

Volume of production

(in thousand units)
  FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Pistons 19,310 16,880 19,230

Source: China Automotive Industry Yearbook (Issued in October every year)