Shandong Binzhou Bohai Piston Co., Ltd.
-A major manufacturer of pistons in China.
-As of December 2016, the Company produces about 1,000 types of pistons, which are 30-400 millimeters in diameter. It has the capacity to produce 30 million pistons and 10 million piston rings per year.
-Products are supplied to OEMs including FAW and engine manufacturers. As of December 2016, the Company gained 35% market share of Chinese domestic market, 60% share of domestic Euro III and Euro IV market share and exports products to North American, European countries etc.
-In 2016, the Company's sales reached CNY 1,768.75 million, 20.23% increase than previous year; net profit reached CNY 142.59 million, 177.90% increase than previous year.
|Listed on the Shanghai Stock Exchange.||(As of Dec. 31, 2016)|
|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%|
|Guangdong Wenshi Investment Co., Ltd.||3.16%|
- Pistons for Gasoline Engines
- Pistons for Diesel Engines
- Pistons used in Compressors
- Piston pins
- Wear-resistant Inserts
- Piston ASSYs
|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."|