Not to be confused with BAIC Group, the parent company.
Not to be confused with BAW, (
中文:
) sister company.
 | |
| Type | public |
|---|---|
| Area served | mainland China |
| Key people | Template:Aligned table |
| Industry | car manufacturing |
| Revenue (turnover) |
 Template:CNY |
| Operating income |
Template:CNY |
| Profit |
Template:CNY |
| Total assets |
Template:CNY |
| Total equity |
Template:CNY |
| Parent | BAIC Group |
| Subsidiaries | Template:Aligned table |
| in consolidated financial statement[1] | |
| BAIC Motor Corporation Limited | |||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 北京汽車股份有限公司 | ||||||
| Simplified Chinese | 北京汽车股份有限公司 | ||||||
| |||||||
| BAIC Motor | |||||||
| Traditional Chinese | 北京汽車 | ||||||
| Simplified Chinese | 北京汽车 | ||||||
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BAIC Motor Corporation Limited is a Chinese car manufacturer based in Beijing, China. The H shares (foreigner share in offshore market) of the company were traded in the Hong Kong Stock Exchange. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government.
History[]
BAIC Motor was incorporated in 2010 as a sub-holding company of BAIC Group.[2] It became a listed company in December 2014.[3]
The firm announced in March 2015 plans to extend its partnership with Daimler AG by taking a 35% stake in Mercedes-Benz Leasing, a China incorporated leasing company.[4]
Subsidiaries[]
As of 31 December 2016[update][1]:15
- BAIC Investment (97.95%)
- Beijing Hyundai (50%)
- Beijing Beinei Engine Parts and Components (98.975% direct and indirectly)
- Beijing Beinei Motor Spare Parts Sales (100%)
- Beijing Benz Automotive (51%)
- BAIC Motor Powertrain (100%)
- BAIC Hong Kong Investment (100%)
- Zhuzhou (BAIC) Motor Sales (100%)
- BAIC Motor Sales (100%)
- BAIC (Guangzhou) Motor (100%)
- BAIC MB-tech Development Center (51%)
Equity investments[]
As of 31 December 2016[update][1]:15
- Fujian Benz Automotive (35%)
- Beijing Mercedes-Benz Sales Service (49%)
- Mercedes-Benz Leasing (35%)
- Beijing Electric Vehicle (6%)
- Hyundai Top Selection U-Car (40%)
- Beijing Hyundai Auto Finance (33%)
- BAIC Group Finance (20%)
[]
As of 31 December 2016[update][1]:15:49
| ! Rank | Name | Chinese name | Percentage | Footnotes |
|---|---|---|---|---|
| 1 | BAIC Group | 北汽集团 | 44.98% | State-owned enterprise, Beijing Municipal Government was controlling shareholder |
| 2 | Beijing Shougang Co., Ltd. (Shougang "Shares") | 首钢股份 | 13.54% | Shanghai-listed company, Beijing Municipal Government was indirect controlling shareholder |
| 3 | Daimler AG | 10.08% | Frankfurt-listed company, shareholder of Beijing Benz | |
| Sub-total | 68.6% | |||
| 4 | Shenzhen Benyuan Jinghong Equity Investment Fund | 本源晶鸿基金 | 4.50% | A share owner; partially owned by BAIC Capital (of BAIC Group) as limited partner[5] |
| 5 | Easy Smart Limited | 易穎有限公司 | 3.67% | H share owner, Cayman Islands incorporated; subsidiary of China Aerospace Investment Holdings (CASC Group)[6][7] |
| N/A | other H share owners | 13.91% | ||
| N/A | other A share owners | 9.32% | ||
| Total | 100% |
References[]
- ↑ 1.0 1.1 1.2 1.3 "2016 Annual Report". BAIC Motor. Hong Kong Stock Exchange (26 April 2017).
- ↑ "China establishes new automaker for "Beijing" brand automobiles", People's Daily (30 September 2010). Archived from the original on 18 October 2012.
- ↑ "Daimler-backed BAIC Motor opens flat in Hong Kong debut" (18 December 2014).
- ↑ "BAIC Motor to take stake in Daimler China leasing firm" (22 March 2015).
- ↑ 深圳市本源晶鸿股权投资基金企业(有限合伙)
- ↑ http://www.hkexnews.hk/listedco/listconews/sehk/2014/1209/01958_2116584/E122.pdf
- ↑ "易穎有限公司" (in Chinese). China Aerospace Investment Holdings (12 April 2012).
External links[]
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