Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 152

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 152
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 number of factors, including, for example, whether (i) the control or management of the company is characterised by fraud, misconduct or oppression and that a winding up order is necessary to protect the rights of those minority shareholders or (ii) the company is no longer able to carry on the business for which it was formed (i.e. because of a supervening event, a lack of financial resources or because the company has fulfilled the only object for which it was created).                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

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| Exclusive Forum                                                                                                                                                                                                             |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| The DGCL permits a corporation’s certificate of incorporation or bylaws to contain a forum selection provision requiring internal corporate claims to be brought solely and exclusively in courts in the State of Delaware. |     | The Amended CAAS Cayman Articles provides that, unless CAAS Cayman consents in writing to the selection of an alternative forum, the United States District Court for the Southern District of New York (or, if the United States District Court for the Southern District of New York lacks subject matter jurisdiction over a particular dispute, the state courts in New York County, New York) shall be the exclusive forum within the United States for the resolution of any complaint asserting a cause of action arising out of or relating in any way to the federal securities laws of the United States, regardless of whether such legal suit, action, or proceeding also involves parties other than the Company. 
 Subject to the foregoing paragraph, the courts of the Cayman Islands shall have exclusive jurisdiction to hear, settle and/or determine any dispute, controversy or claim related to CAAS Cayman (including any non-contractual dispute, controversy or claim) whether arising out of or in connection with the Amended CAAS Cayman Articles or otherwise.                                                                                                                                                                                                                                                                                                                                                                     |

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ENFORCEABILITY OF CIVIL LIABILITIES</div>

CAAS Cayman is incorporated in the Cayman Islands
because of certain benefits associated with being a Cayman Islands company, such as political and economic stability, an effective judicial
system, a favorable tax system, the absence of foreign exchange control or currency restrictions and the availability of professional
and support services. However, the Cayman Islands has a less developed body of securities laws as compared to the United States and provides
less protection for investors. In addition, Cayman Islands companies do not have standing to sue before the federal courts of the United
States.

A majority portion of CAAS