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

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 25
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 warnings, injunctions to
comply, and fines between RMB 1.0 million and RMB 10.0 million. The Subject Individuals in these entities may severally, face warnings
and fines between RMB 0.5 million and RMB 5.0 million. Advisors in listings or offerings of securities that failed to dutifully advise
the PRC domestic companies and their controlling shareholders in complying with the Trial Measures and caused such failures to comply
can face warnings and fines between RMB 0.5 million and RMB 5.0 million. The Subject Individuals of these advisor entities may, severally,
face warnings and fines between RMB 0.2 million and RMB 2.0 million.

Because our shares of common stock have already
listed on Nasdaq, we believe we will be deemed as an “Existing Issuer” pursuant to the Trial Measures and the implementation
guidance and, accordingly, are not required to complete the filing procedures with the CSRC for our historical securities offering. Nevertheless,
in the event that we conduct any securities issuance or offering in the future that would be captured by the Trial Measures, we will
have to complete the filing procedures with the CSRC within three (3) business days following the closing of such securities issuance
or offering. We believe this Redomicile Merger and the issuance of ordinary shares by CAAS Cayman in relation thereto may be subject
to the filing procedures as well, and we plan to proactively communicate with the CSRC and complete such filing procedure if so required.

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