Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 122

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 122
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restrictions and availability of professional and support services.

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 · | We believe that by reincorporating to a jurisdiction outside the United States,                                                              
 which is in line with the Company’s current business and operations, the majority of which conducted outside of the United States,           
 CAAS Cayman will be able to qualify as a “foreign private issuer” under the rules and regulations of the SEC and we expect                   
 that the reduced reporting obligations associated with being a foreign private issuer will reduce operational, administrative, legal and     
 accounting costs in the long term. CAAS Cayman will remain subject to the mandates of the Sarbanes-Oxley Act. As a foreign private issuer,   
 CAAS Cayman also will be exempt from certain rules under the Exchange Act that would otherwise apply if CAAS Cayman were a company           
 incorporated in the United States or did not meet the other conditions to qualify as a foreign private issuer;                               
 CAAS Cayman will not be required to provide as many Exchange Act reports,                                                                    
 or as frequently or as promptly, as U.S. companies with securities registered under the Exchange Act. For example, CAAS Cayman will not      
 be required to file current reports on Form 8-K within four business days from the occurrence of specific material events. Instead,          
 CAAS Cayman will need to promptly furnish reports on Form 6-K any information that CAAS Cayman (a) makes or is required to make              
 public under the laws of the Cayman Islands, (b) files or is required to file under the rules of any stock exchange, or (c) otherwise        
 distributes or is required to distribute to its shareholders. Unlike Form 8-K, there is no precise deadline by which Form 6-K                
 must be furnished. In addition, CAAS Cayman will not be required to file its annual report on Form 10-K, which may be due as soon            
 as 60 days after its fiscal year end. As a foreign private issuer, CAAS Cayman will be required to file an annual report on Form 20-F        
 within four months after its fiscal year end;                                                                                                |
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| · | CAAS Cayman will not be required to provide the same level of disclosure                                                                     
 on certain issues, such as executive compensation;                                                                                           |
| · | CAAS Cayman will not be required to conduct advisory votes on executive compensation;                                                        |
| · | CAAS Cayman will be exempt from filing quarterly reports under