Beijing Hainachuan Automotive Parts Co., Ltd.
-The Company oversees the auto parts business of the Beijing Automotive Group.
-The Company operates multiple joint ventures with European and U.S. auto parts manufacturers, including Adient, Delphi, Lear, Visteon, BorgWarner and Tenneco, as well as with other major parts suppliers in China.
-The Company conducts its business in six operating segments:
1. Auto body welding and assembling
2. Seat products
3. Interior/exterior trims
4. Electronic control systems
5. Powertrain systems
6. Chassis and other products
-The Company supplies its products mainly to Beijing Automotive,BAIC BJEV, Beijing Benz, Beiqi Foton, Beijing Hyundai and other automakers in the Beijing Automotive Group. Its other customers include China FAW, SAIC GM,FAW Volkswagen,SAIC Volkswagen,SAIC Motor,DONGFENG NISSAN,Brilliance Auto, Jianghuai Automobile, Jiangling Motors,NAVECO,Changan Automobile, Chery Automobile, Shaanxi Automobile, Great Wall Motor and China National Heavy Duty Truck Group etc.
-The Company has production bases in Beijing, Zhuzhou, Guangzhou, Shanghai, Yantai, Chongqing, Langfang, Europe, the United States, Mexico and South Korea.
-In 2017, the sales reached RMB 51.2 billion. The forecasted sales range of 2018 is from 55 billion to 60 billion.
|-unlisted||(as of Dec. 31, 2017)|
|Major Shareholders||Shareholding Ratio (%)|
|Beijing Automotive Group Co., Ltd.||75%|
|Beijing Industrial Developing Investment Management Co., Ltd||25%|
Interior and exterior trim systems
-Main and auxiliary instrument panel modules
-steering wheel modules
-Front and rear bumper assemblies
-Cylinder body and cylinder heads
-Fuel tank assembly
-Aluminum wheels and wheel assemblies
-Body welding and assemblies
-Audio and video entertainment systems
-Automotive air conditioning
Beijing Automotive Industry Holding Co., Ltd. and Beijing State-Owned Assets Management Co., Ltd. signed an agreement to establish Beijing Automotive Parts Co., Ltd.
|Oct. 2007||The Company and Jiangnan Mould & Plastic Technology Co., Ltd. jointly established Beijing Beiqi Mould & Plastic Technology Co., Ltd. to manufacture bumpers and other plastic components.|
|Dec. 2007||The Company and Lear jointly established Beijing BAI Lear Automotive Systems Co., Ltd. to manufacture electric and electronic components.|
Beijing Hainachuan Automotive Parts Co., Ltd. was inaugurated to oversee auto parts business of the Beijing Automotive Industry Group.
|Sep. 2008||Launched a construction project at the Beijing Daxing Caiyu Economic Development Area.|
|Oct. 2008||The Company and BorgWarner jointly established BorgWarner TorqTransfer Systems (Beijing) Co., Ltd. to produce transfer cases for 4WD vehicles.|
|Dec. 2008||The Company and Zhangjiagang Seoil New Model Automotive Fittings Co., Ltd. jointly established Beijing Seoil Haihua Automotive Fittings Co., Ltd. to produce adhesives and special seal products.|
|June. 2009||The Company and Tenneco signed a joint-venture contract.|
The Company signed partnership projects with the Hubei Henglong Group; Shenzhen Hangsheng Electronic Co., Ltd.; the Nanjing Xiezhong Air-conditioning Group; and Shandong Xinghua Banhuang Co., Ltd.
|May. 2010||Established Beijing Hainachuan Automotive Parts Co., Ltd. Automotive Module Systems Branch.|
|Sep. 2010||The Company launched a plant construction project in Zhuzhou, Hunan Province.|
|Sep. 2010||Beijing Automotive Industry Holding Co., Ltd., the Company's major shareholder, changed the corporate name to Beijing Automotive Group Co., Ltd.|
Delphi sold the 51 percent shares of stock it had held in Beijing Delphi Automotive Safety Products Co., Ltd. to Autoliv. The name of the joint-venture company was thereby changed to Autoliv (Beijing) Vehicle Safety Systems Co., Ltd.
|Feb. 2011||The Company and Yanfeng Visteon Automotive Trim Systems Co., Ltd. jointly established Beijing Hainachuan Yanfeng Automotive Module Systems Co., Ltd. to manufacture cockpit modules.|
|Aug. 2011||Acquired Inalfa Roof Systems Group B.V.|
|Sep. 2012||Transfer the Company's share in Beijing Beiqi Yuandong Transmission Parts Co., Ltd.|
|Dec. 2012||The Beijing Automotive Group and Taian Qicheng Wheel Manufacturing Co., Ltd. signed an agreement regarding construction of a new plant to produce wheel hubs in Taishan, Taiaan City, Shandong Province.|
|2013||Hainachuan finished second phase construction in Zhuzhou Industrial Park.|
|Jul. 2014||Beijing Beiqi Mould & Plastic Technology Co., Ltd., a joint venture of the Company, announced that it reached agreement with Zhuzhou Times New Material Technology Co., Ltd. to acquire a bumper production line from Zhuzhou Times New Material Technology at CNY 35 million.|
|Oct. 2014||The Company and ZF Group held a ceremony to celebrate the establishment of Beiqi ZF Chassis Systems (Beijing) Co. Ltd., a joint venture to develop and produce chassis and axle systems for passenger vehicles|
|Nov. 2014||The Company and Germany-based Hella Group held a ceremony to celebrate the opening of their 50-50 joint venture, Beijing Hainachuan Hella Automotive Lamp Co., Ltd.|
|Dec. 2014||Inalfa Roof Systems Group B.V., a subsidiary of the Company, held a groundbreaking ceremony for its global headquarters in Venray, Netherlands|
|May. 2015||The new Shanghai Plant of Inalfa Roof Systems Group B.V., a subsidiary of The Company, began operations in Jiading, Shanghai.|
|June. 2015||Hwashin Co., Ltd. and The Company have established a joint-venture company in Cangzhou, China.|
|Jul. 2015||The Company announced that it will establish an automotive industrial park in Chongqing China.|
|Aug. 2015||The Company announced that BAIC Dymos Automotive System Co., Ltd., which is its joint venture with Hyundai Dymos, held a groundbreaking ceremony for its automotive seat plant.|
|Sep. 2015||The Company has signed a memorandum of understanding (MOU) with Johnson Controls Inc.|
|Sep. 2015||Leoni AG announced that it has agreed a joint venture with The Company.|
|Mar. 2016||Langfang LEONI Wiring Systems Co., Ltd., which is a joint venture between The Company and LEONI Electrical Systems (Shanghai) Co. Ltd., has held an opening ceremony in Sanhe, Langfang, Hebei.|
|Sep. 2016||The Company has signed a framework agreement with Korea-based Seoyon E-Hwa on further reorganizing their interior trim business.|
|Jul. 2017||The Company established light technology R&D center in Binzhou.|
|Sep. 2017||The Company signed agreement with ZF to establish joint venture. The new company will produce EV parts for Chinese market.|
|Nov. 2017||The Company established electric drive and transmission R&D center in Dingfuzhuang.|
|Jan. 2018||The Company signed agreement with Gestamp to establish a company that produce light vehicle parts.|