Bohai Automotive Systems Co., Ltd. (Formerly Shandong Binzhou Piston Co., Ltd.)

Company Profile

■URL

http://www.bhpiston.com

■Address

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

Business Overview

-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.

Shareholders

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
Others 51.73
Total 100

Products

-Pistons for Gasoline Engines
-Pistons for Diesel Engines
-Pistons used in Compressors
-Piston pins
-Wear-resistant Inserts
-Piston ASSYs
-Lightweight Auto Parts
-Wheel Hub
-Automotive A/C
-Shock Absorber
-Exhaust System
-Fuel Tank
-Start-stop Batteries

History

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."

Supplemental Information 1