China has been introducing controls on capital flowing outside the country recently, as a result of the trade and tariff war started by Trump.
This might go some way toward explaining why BCC hasn't begun buying on market in order to secure that Board seat. They were delayed in theur original investment as a result of having to seek regulatory approval.
This situation is well explained in this article. The Chinese Government mandated requirement to move away from the internal combustion engine into battery powered vehicles may hopefully, in my opinion, shield this company from the effects of this economic conflict and it's broad global consequences.
From today - Financial panic likely': China calls for calm as clouds turn darker
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