Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 129

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 129
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 continue to serve as the transfer agent for CAAS Cayman ordinary shares after the Effective Time.

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Stock Exchange Listing

The Company’s common stock is currently listed
on Nasdaq under the symbol “CAAS.” There is currently no established public trading market for CAAS Cayman’s ordinary
shares. However, it is a condition to the completion of the Redomicile Merger that the shares of CAAS Cayman will be authorized for listing
on Nasdaq, subject to official notice of issuance and satisfaction of other standard conditions. As such, we expect that as of the Effective
Time, CAAS Cayman’s ordinary shares will be authorized for listing on Nasdaq, and we expect that such shares will be traded on the
exchange under the symbol “CAAS.”

It is anticipated that CAAS Cayman will qualify
as a foreign private issuer in the U.S. following the Redomicile Merger. As a foreign private issuer, CAAS Cayman will be permitted to
follow corporate governance practices in accordance with Cayman Islands laws in lieu of certain Nasdaq corporate governance standards.

Accounting Treatment of the Redomicile Merger

The Redomicile Merger will be accounted for as
a legal reorganization with no change in ultimate ownership interest immediately before and after the transaction. Accordingly, no business
combination has occurred and all assets and liabilities will be recorded at historical cost as an exchange between entities under common
control.

Taxation

The following discussion of the material Cayman
Islands, the People’s Republic of China and U.S. federal income tax consequences of the Redomicile Merger is based upon laws and
relevant interpretations thereof effective as of the date of this proxy statement/prospectus, all of which are subject to change, possibly
with retroactive effect. This discussion does not deal with all possible tax consequences relating to the Redomicile Merger or otherwise,
such as the tax consequences under laws of countries other than the Cayman Islands, the People’s Republic of China and the United
States or under state and local tax laws.

Cayman Islands Taxation

The Cayman Islands government (or any other taxing
authority in the Cayman Islands) currently does not levy taxes on individuals or corporations based upon profits, income, gains or appreciation,
and there is no taxation in the Cayman Islands in the nature of inheritance tax or estate duty. There are no other taxes likely to be
material to CAAS Cayman levied by the