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Beijing Hainachuan Automotive Parts Company Ltd. (hereinafter referred to as Hainachuan), is a joint venture of Beijing Automotive Industry Holding Co., Ltd. and Beijing Industrial Development Investment Management Co., Ltd., with a registered capital of one billion RMB yuan, 60% of which is contributed by Beijing Automotive Industry Holding Co., Ltd. and 40% of which by Beijing Industrial Development Investment Management Co., Ltd. This company was registered and established in Beijing in January 2008. Hainachuan now owns more than 20 parts and components enterprises, including Chinese-foreign joint ventures established together with such world top 500 enterprises and world famous parts and components suppliers as Johnson, Delphi, Lear, Visteon, BorgWarner and Tenneco, as well as the specialized manufacturing enterprises of system-synthesized parts and components established through a joint investment with the enterprises ranking the first three places in the domestic industry of parts and components including Shanghai Yanfeng, Zhejiang Yatai, Xuchang Yuandong and Mould & Plastics Technology. Focusing on a grouping, international and brand-oriented road of development, Hainachuan has established a harmonious and unified auxiliary service relationship of grouping coordination, all-win and mutual benefit, with the four largest entire-car enterprises of Beijing under the unified harmonization of Beijing Automotive Industry Holding Co., Ltd. In addition, it has established its industrial base of automobile parts and components in Caiyu, Daxing, Beijing, and Yangzhen, Shunyi, Beijing. Hainanchuan aspires to become the most competitive parts and components enterprise in China in accordance with its set development strategy.

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