Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 81

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 81
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1, 2025, the enterprise registration
authority will not process other registration matters of the FIE and may public such non-compliance thereafter; and (ii) the provisions
regarding equity interest transfer and distribution of profits and remaining assets as stipulated in the contracts among the joint venture
parties of an FIE established before the effective date of the Foreign Investment Law may, after adjustment of the legal form and governing
structure of such FIE, remain binding upon the parties during the joint venture term of the enterprise.

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According to the Regulation for Implementation
the Foreign Investment Law of the PRC, the registration of foreign-invested enterprises shall be handled by the State Administration for
Market Regulation, or the SAMR, or its authorized local counterparts. Where a foreign investor invests in an industry or field subject
to special permit or license in accordance with laws, the relevant competent government authorities responsible for granting such permit
or license shall review the relevant application of the foreign investor in accordance with the same conditions and procedures applicable
to PRC domestic investors unless it is stipulated otherwise by the laws and administrative regulations, and the competent government authority
shall not impose discriminatory requirements on the foreign investor in terms of permit or license conditions, application materials,
reviewing steps and deadlines, etc. The relevant competent government authority shall not grant the license or permit enterprise
registration if the foreign investor intends to invest in the industries or fields as specified in the negative list without satisfying
the relevant requirements. In the event that a foreign investor invests in a prohibited field or industry as specified in the negative
list, the relevant competent government authority shall order the foreign investor to stop the investment activities, dispose of the shares
or assets or take other necessary measures within a specified time limit, and restore to the status prior to the occurrence of the aforesaid
investment, and the illegal gains, if any, shall be confiscated. If the investment activities of a foreign investor violate the special
administrative measures for access restrictions on foreign investments as stipulated in the negative list, the relevant competent government
authority shall order the investor to make corrections within the specified time limit and take necessary measures to meet the relevant
requirements. If the foreign investor fails to make corrections within the specified time limit, the aforesaid provisions regarding the
circumstance that a foreign investor invests in the prohibited field or industry shall apply.

Pursuant to the Foreign Investment Law and the
Implementing Rules, and