Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 14

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 14
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 of the Redomicile
Merger (the “Effective Time”) will not be reflected in holdings of CAAS Cayman’s ordinary shares upon completion of
the Redomicile Merger. If you hold your shares of the Company’s common stock in an account with a broker or other securities intermediary,
you will receive delivery of ordinary shares in your account with that same broker or other securities intermediary.

If you hold the Company’s common stock
in certificated form, you may exchange your common stock certificates of the Company for CAAS Cayman ordinary shares in certificated
form following the Redomicile Merger. We will request that all of the Company’s stock certificates be returned to the Company’s
transfer agent following the Redomicile Merger. Shortly following the closing of the Redomicile Merger, you will be sent a letter of
transmittal from our exchange agent. It is expected that, prior to the Effective Time, Securities Transfer Corporation will be appointed
as our exchange agent for the Redomicile Merger. The letter of transmittal will contain instructions explaining the procedure for surrendering
your stock certificates in the Company to receive CAAS Cayman ordinary shares in certificated form. YOU SHOULD NOT RETURN STOCK CERTIFICATES
WITH THE ENCLOSED PROXY CARD. CAAS’ current transfer agent is Securities Transfer Corporation which will continue to serve as the
transfer agent for CAAS Cayman ordinary shares after the Effective Time.

Q: What happens to the Company’s stock options and other equity awards at the effective time of the Redomicile Merger?

A:At the Effective Time, all outstanding options to purchase
shares of the Company’s common stock granted or issued prior to the Effective Time and all other outstanding equity awards granted
under our equity compensation plan to directors, employees and consultants, as applicable, will entitle the holder to purchase or receive,
or receive payment based on, as applicable, an equal number of CAAS Cayman ordinary shares. Upon the Effective Time, the existing equity
compensation plan of the Company, as may be amended, will be adopted and assumed by CAAS Cayman. We do not anticipate an increase to the
total number of shares underlying options and awards outstanding under our assumed equity compensation plan or shares otherwise issuable
thereunder. Future awards would be subject to and governed by the terms of our assumed equity compensation plan and any agreements entered
into pursuant thereto.

Q: Can I trade my common stock in the Company before the Redomic