Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 121

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 121
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://www.caasauto.com/#/ir. The Company’s website and the information contained
on, or that can be accessed through, the website is not deemed to be incorporated by reference in, and is not considered part of, this
proxy statement/prospectus.

China Automotive Systems Holdings, Inc. CAAS
Cayman is a newly formed exempted company incorporated under the laws of the Cayman Islands and currently a wholly-owned subsidiary of
the Company. An “exempted” company under the laws of the Cayman Islands is one which receives such registration as a result
of satisfying the Registrar of Companies in the Cayman Islands that it conducts its operations mainly outside of the Cayman Islands and
is as a result exempted from complying with certain provisions of the Companies Act of the Cayman Islands (As Revised), such as the general
requirement to file an annual return of its shareholders with the Registrar of Companies, and is permitted flexibility in certain matters,
such as the ability to register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands. CAAS Cayman
does not have a significant amount of assets or liabilities and has not engaged in any business since its incorporation other than activities
associated with its anticipated participation in the Redomicile Merger. The mailing address of CAAS Cayman is D8 Henglong Building, Optics
Valley Software Park, Guanshan Avenue, East Lake Hi-Tech Zone, Wuhan City, Hubei 430073, the People’s Republic of China, and its
phone number is (86) 27-8757-0028. CAAS Cayman’s agent in US is HLUSA, with the address at Henglong USA Corporation, 2546 Elliott
Drive, Troy, Michigan, 48083.

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Background and Reasons for the Redomicile Merger

We believe the Redomicile Merger, which would change
our place of incorporation from Delaware to the Cayman Islands, is consistent with our corporate strategy of globalization, and would
allow us to reduce operational, administrative, legal and accounting costs over the long term. Our strategy has been focused on our core
strengths and aligned with favorable long term market trends relating to power steering systems and/or related products in China.

We have chosen to reorganize under the laws of
the Cayman Islands because of its political and economic stability, effective judicial system, absence of exchange control or currency