Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 65

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 65
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 current tensions in international trade and rising political tensions, may adversely impact our business, financial condition, and results of operations.

There have been heightened tensions in international
economic relations in recent years and these tensions may continue to escalate in the future. These tensions have resulted in changes
in international trade policies and, as they further escalate, may result in additional barriers to trade. For example, the tensions
between the United States and China in recent years have led to additional, or higher tariffs imposed by the United States on products
imported from China and restrictions on the sale of certain products into the United States. China has responded by imposing, and proposing
to impose additional, or higher tariffs on products imported from the United States, among other measures. In addition, international
political tensions have escalated and continue to be subject to uncertainties with respect to a wide range of issues. The U.S. government
has also adopted measures aiming to prohibit or restrict U.S. investment in China-associated companies that operate in certain industries.
Rising political tensions could reduce levels of trades, investments, technological exchanges, and other economic activities, which would
materially and adversely affect the global economic conditions and the stability of global financial markets. These developments may
also lead to increased compliance costs, operational disruptions, and potential constraints on our access to capital markets. The possibility
of the U.S. government delisting China-associated companies from U.S. stock exchanges, as recently reported in the media, creates uncertainty
regarding our ability to maintain our Nasdaq listing. Any further escalation of international tensions may have a negative impact on
the general, economic, political, and social conditions of the countries where we operate and, in turn, adversely impact our business,
financial condition, and results of operations.

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MARKET FOR THE COMPANY’S COMMON STOCK AND CAAS CAYMAN ORDINARY SHARES</div>

Market Information

Our common stock trades on the NASDAQ Capital
Market under the symbol “CAAS.”

Based on the records of our transfer agent, we
had 30,170,702 shares of common stock issued and outstanding as of the Record Date for the Special Meeting (excluding 2,167,600 shares of the Company’s treasury stock).

We and CAAS Cayman are in the process of applying
for listing of CAAS Cayman’s ordinary shares with the NASDAQ Capital Market and hope to complete that process concurrent with the
consummation of the Redomicile Merger.

Holders

Based on the records