Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 73

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 73
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Therefore, in connection with our business operations
and issuance or offering of securities to foreign investors, under currently effective PRC laws, regulations, and rules, and taking the
Trial Measures into account, as of the date of this proxy statement/prospectus, we and our PRC subsidiaries (i) are not required
to obtain permissions from, or complete the filing procedures with, the CSRC for our prior issuances and offerings of securities to foreign
investors which were completed before the date of implementation of the Trial Measures, but are required to go through filing procedures
with CSRC for our future issuances or offerings of securities (including shares, depository receipts, corporate bonds convertible into
shares and other equity securities) to foreign investors if we meet certain conditions set forth in the Trial Measures to be considered
as an indirect overseas offering and listing by a PRC domestic company, and (ii) are not required to go through cybersecurity review
by the CAC for our prior issuance and offering of securities to foreign investors, but may be required to obtain certain prior permission,
filing, approval, and/or other administrative requirements of other PRC government authorities in connection with our further issuance
or offering of securities to foreign investors. If we and our subsidiaries are deemed to be a CIIO or a network platform operator, whose
network product or service purchasing or data processing activities affect or may affect national security, we would be required to go
through a cybersecurity review by the CAC. As of the date of this proxy statement/prospectus, neither we nor any of our subsidiaries
has been identified as a CIIO by any government authority, involved in any investigations or become subject to a cybersecurity review
by the CAC based on the Cybersecurity Review Measures. However, there remains some uncertainty as to how relevant rules published
by the PRC government authorities will be interpreted or implemented, and our opinions summarized above are subject to any new laws,
rules, and regulations or detailed implementations and interpretations in any form. We cannot assure you that the relevant PRC government
authorities, including the CSRC and the CAC, would reach the same conclusion and hence, we may face regulatory actions or other sanctions
from them. For more details, see “Risk Factors and Caution Regarding Forward-Looking Statements — Risks Related to Doing
Business in China — Because a majority of our operations are in China, our business is subject to the complex and rapidly evolving
laws and regulations there. The Chinese government may exercise significant oversight