Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 146

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 146
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 the Amended CAAS Cayman Articles.
Under the Companies Act, the redemption or repurchase of any share may be paid out of CAAS Cayman’s profits or out of the proceeds
of a fresh issue of shares made for the purpose of such redemption or repurchase, or out of capital (including share premium account and
capital redemption reserve) if CAAS Cayman can, immediately following such payment, pay its debts as they fall due in the ordinary course
of business. In addition, under the Companies Act no such share may be redeemed or repurchased (a) unless it is fully paid up, (b) if
such redemption or repurchase would result in there being no shares outstanding, or (c) if the company has commenced liquidation.
In addition, CAAS Cayman may accept the surrender of any fully paid share for no consideration.

Variations of Rights of Shares

Whenever the capital of CAAS Cayman is divided
into different classes, the rights attached to any such class of shares may, subject to any rights or restrictions for the time being
attached to any class, only be materially and adversely varied either with the written consent of the holders of at least two-thirds of
the issued shares of that class or with the sanction of a special resolution passed at a separate meeting of the holders of the shares
of that class. The rights conferred upon the holders of the shares of any class issued with preferred or other rights shall not, subject
to any rights or restrictions for the time being attached to the shares of that class, be deemed to be materially and adversely varied
by, inter alia, the creation, allotment or issue of further shares ranking pari passu with or subsequent to them or the redemption
or purchase of any shares of any class by CAAS Cayman. The rights of the holders of shares shall not be deemed to be materially and adversely
varied by the creation or issue of shares with preferred or other rights including, without limitation, the creation of shares with enhanced
or weighted voting rights.

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Inspection of Books and Records

Holders of CAAS Cayman’s ordinary shares
have no general right under Cayman Islands law to inspect or obtain copies of CAAS Cayman’s list of shareholders or its corporate
records (save for the Amended CAAS Cayman Articles, special resolutions and the register of mortgages and charges). However, CAAS Cayman
will provide its shareholders with annual audited financial statements. See “