Who owns Brilliance China Automotive Holdings Limited? Brilliance Auto Group's stake and the ownership chain
Facts checked
Brilliance China Automotive Holdings Limited appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Huachen Automotive Group Holdings held 42.32% of the Hong Kong-listed Brilliance China Automotive Holdings as at 31 December 2019. It also held 24.38% of Shenyang Jinbei Automotive (SSE 600609).
The short answer
| Controlled by | Brilliance Auto Group |
|---|---|
| Stake | 42.32% |
| Since | not published |
| Kind | company |
| Recorded holdings | 1 |
| Origin | CN |
| Name in Chinese | 华晨中国汽车控股有限公司 “hwah-chun jong-gwor chee-chuh kong-goo” |
| Top of the chain | Liaoning Provincial Government |
The chain, step by step
Liaoning Provincial Government owns Brilliance Auto Group at 80% since 2002.
The Liaoning provincial state-asset commission holds 80% of Brilliance's holding company, Huachen Automotive Group Holdings; the Liaoning Social Security Fund holds the other 20%. Control has been provincial since the founder's stake was seized in 2002; the reorganisation begun in 2020 was expected to move it to a Shenyang municipal vehicle.
Brilliance Auto Group owns Brilliance China Automotive Holdings Limited at 42.32%.
Huachen Automotive Group Holdings held 42.32% of the Hong Kong-listed Brilliance China Automotive Holdings as at 31 December 2019. It also held 24.38% of Shenyang Jinbei Automotive (SSE 600609).
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Liaoning Provincial Government | Brilliance Auto Group | owns | 80% | 2002 |
| Brilliance Auto Group | Brilliance China Automotive Holdings Limited | owns | 42.32% | not published |
What Brilliance China Automotive Holdings Limited holds
Every current holding recorded from Brilliance China Automotive Holdings Limited downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| BMW Brilliance Automotive Ltd. | holds a stake in | 25% | 11 February 2022 | Brilliance China Automotive Holdings indirectly holds the 25% of BMW Brilliance that BMW does not own. This holding is now the main thing the listed company does. |
Former holdings
Holdings that ended, kept out of the tables above so nothing current reads as past or the reverse.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| BMW Brilliance Automotive Ltd. | formerly held | 50% | 2003 | BMW Brilliance was an equal joint venture from its formation in 2003 until 11 February 2022. BMW had announced the increase to 75% in 2018, ahead of China removing the ownership cap on foreign carmakers. |
Related
Sources for Brilliance China Automotive Holdings Limited
- Wikipedia, Brilliance China Automotive. Read . Listing history, shareholding and the BMW Brilliance stake
- Wikipedia, Brilliance Auto. Read .