Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 60

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 60
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 domestic company, either in a direct or indirect manner, the issuer must file certain documents with
the CSRC, the “Trial Measures Filing Obligations”. An indirect offering and listing is determined by a set of quantifiable
standards. For example, any overseas offering and listing by an issuer that meets both of the following standards will be deemed to be
indirect: (i) 50% or more of the issuer’s operating revenue, total profit, total assets or net assets as documented in its
audited consolidated financial statements for the most recent accounting year is accounted for by PRC domestic companies, and (ii) the
main parts of the issuer’s business activities are conducted in mainland China, or its main places of business are located in mainland
China, or the senior managers in charge of its business operation and management are mostly Chinese citizens or domiciled in mainland
China.

The Trial Measures provide the CSRC with the authority
to warn, fine, and issue injunctions against PRC domestic companies, their controlling shareholders, and their advisors in connection
with a listing or offering securities, collectively, the “Subject Entities”, as well as individuals directly responsible for
these Subject Entities, the “Subject Individuals”. For failure to comply with the Trial Measures Negative List or the Trial
Measures Filing Obligations, or supply materially false or misleading statements in the filing and reporting required by the Trial Measures,
PRC domestic companies and their controlling shareholders, if the controlling shareholders induced the PRC domestic companies’ failure
to comply, severally, may face 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 are already listed on Nasdaq,
we believe will be deemed as an “Existing Issuer” pursuant to the Trial Measures and, accordingly, are not required to complete
the filing procedures with