Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 142

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 142
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 and liquidation preferences, any or all of which may be greater than the powers
and rights associated with the ordinary shares, at such times and on such other terms as they think proper.

As of the close of business on June 26, 2025,
CAAS Cayman had one ordinary share issued and outstanding and no preference shares issued and outstanding. Upon the completion of the
Redomicile Merger, CAAS Cayman will issue approximately ordinary shares in the Redomicile Merger and the one ordinary share issued and
outstanding prior to the Redomicile Merger will be cancelled.

Ordinary Shares

General

All of CAAS Cayman’s issued and outstanding
ordinary shares will be issued credited as fully paid and non-assessable. CAAS Cayman’s ordinary shares are issued in registered
form, and are issued when registered in CAAS Cayman’s register of members. CAAS Cayman’s shareholders who are non-residents
of the Cayman Islands may freely hold and transfer their ordinary shares.

Dividends

The holders of CAAS Cayman’s ordinary shares
are entitled to such dividends as may be declared by CAAS Cayman’s board of directors, subject to the Companies Act and the Amended
CAAS Cayman Articles, as amended and restated from time to time. In addition, CAAS Cayman’s shareholders may declare dividends
by ordinary resolution, but no dividend shall exceed the amount recommended by CAAS Cayman’s board of directors. Under Cayman Islands
law, dividends may be declared and paid only out of funds legally available therefor, namely out of either profit or share premium account,
provided that in no circumstances may CAAS Cayman pay a dividend if this would result in CAAS Cayman being unable to pay its debts as
they fall due in the ordinary course of business.

Register of Members

Under Cayman Islands law, CAAS Cayman must keep
a register of members and there shall be entered therein:

| · | the                                                                                            
 names and addresses of the members, and a statement of the shares held by each member, and     
 which statement shall confirm (i) the amount paid or agreed to be considered as paid,          
 on the shares of each member, (ii) the number and category of shares held by each member,      
 and (iii) whether each relevant category of shares held by a member carries voting rights      
 under the Amended CAAS Cayman Articles, and if so, whether such voting rights are conditional; |
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