Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP) was incorporated by the joint contribution of BAIC Motor Corporation Ltd. (60% of shares) and Beijing Industrial Developing Investment Management Co., Ltd. (40% of shares) inBeijingin January, 2008, with registered capital of RMB 2.468 billion.
There are over 50 enterprises under the company, including 15 exclusively-invested enterprises, 12 enterprises having cooperation relations with Fortune Global 500 and international famous parts enterprises and 19 enterprises joint-ventured with famous parts enterprises in China. In 2011, BHAP bought 100% equity of Netherlands Inalfa, which started a new international development page.
BHAP products cover automotive seats, interior and exterior accessories, power systems, chassis systems, automotive body system, automotive electronics and other series, which forms a technical and cost leading product mix and is provided with ability to develop products synchronously with the finished automobile at different levels.
BHAP automotive sunroof series have wide business in North America, Europe and Asia, and mainly support and serve the international leading automakers. Other products of BHAP mainly support more than 20 large automotive enterprises in China, such as BAIC, FAW, SAIC, Brilliance, JAC, Changan, Chery, Shanxi Automobile Group, Great Wall Motor and SINOTRUK.
Following in the national and international industry layout of BAIC Group, BHAP established parts industry development bases in Beijing, Hunan, Jiangsu, Hubei, Hunan, Guangzhou, Chongqing, Yunnan, Shandong and other places, and also found R & D bases and manufacturing factories in North America, Europe, Asia Pacific and other countries.
Currently, BHAP exerts itself to the innovation of enterprise development, and aspires to develop the enterprise into an internationalized automotive core parts provider integrating R & D, manufacture and services through the developing path of "industry substantialization, team professionalization, market internationalization and capital securitization" under the "New Normal" of automotive industry development.