Beijing Hainachuan Automotive Parts Co., Ltd.

Company Profile

■URL

http://www.bhap.com.cn

■Address

13/F, Beijing Automotive Building, No.25 Dongsanhuan South Road, Chaoyang District, Beijing, China

Business Overview

-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, Aptiv, Lear, Visteon, BorgWarner, Tenneco, and Hella as well as with other major parts suppliers in China.

-The Company conducts its business in six operating segments:
1. Interior and exterior trim systems
2. Electrical and electronic systems
3. Chassis systems
4. Powertrains
5. Body systems
6. New energy and intelligent network 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 major Chinese domestic OEMs such as SAIC GM, FAW Volkswagen, SAIC Volkswagen, Dongfeng Nissan, Jianghuai Automobile, Jiangling Motors, NAVECO, Changan Automobile, Chery Automobile, Shaanxi Automobile, Great Wall Motor and China National Heavy Duty Truck Group.

-Headquartered in Beijing, the Company has production sites in 10 provinces and cities in China and 3 regions abroad (Europe, North America, Asia Pacific region) and R&D centers in Europe, North America, and the Asia Pacific region.

-The company was ranked No. 28 in MarkLines' 2022 Automotive Supplier Revenue Ranking.

Click here for “Top 30 global automotive parts supplier rankings for FY 2022"

Shareholders

-Unlisted (as of Dec. 31, 2022)
Major Shareholders Sahreholding Ratio
Beijing Automotive Group Co., Ltd. 60%
Beijing Industrial Developing Investment Management Co., Ltd 40%
Total 100%

Products

Interior and exterior trim systems
-Main and auxiliary instrument panel modules
-Steering wheel modules
-Door panels
-Ceilings
-Roof systems
-Front and rear bumper assemblies
-SRS

Powertrain
-Pistons
-Cylinder body and cylinder heads
-Exhaustsystem assemblies
-Fuel tank assemblies

Chassis systems
-Chassis modules
-Aluminum wheels and wheel assemblies
-Shock absorbers
-Steering columns

Automotive seats
-Seat systems

Vehicle Bodies
-Body assemblies

Electronics
-Audio and video entertainment systems
-Vehicle lamps
-Automotive air conditioning
-Wiring harnesses
-Battery boxes
-Integrated electric drive systems
-Intelligent Central Gateway

History

Aug. 2007

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.
Jan. 2008

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.
Jan. 2010

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.
Oct. 2010

Delphi sold the 51 percent of the shares 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 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 to form 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., 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 to produce light vehicle parts.
Apr. 2018 The company announced that it will establish an electronics joint venture with Hella.
Apr. 2019 The company signed a partnership agreement with Hella and Farasis Energy (Ganzhou) Co., Ltd.
Oct. 2020 The company signed a cooperation agreement with Volvo Car, APAC Headquarters.
Mar. 2022 Established a wholly-owned subsidiary Jiangxi Beiqi Hainachuan Xinghui Auto Parts Co., Ltd.
Jul. 2022 Established a wholly-owned subsidiary Inalfa Zhilian Technology (Beijing) Co., Ltd.

Supplemental Information 1