Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 114

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 114
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 Hubei                                                                                
 Jinlv New Energy Battery Technology Co., Ltd., “Hubei Jinlv”                         |
| · | Hubei                                                                                
 Yiling Intelligent Technology Co., Ltd., “Hubei Yiling”                              |
| · | Sentient                                                                             
 AB                                                                                   |
| · | Suzhou                                                                               
 Sentient Automotive Technology Co., Ltd., “Suzhou Sentient”                          |
| · | Suzhou                                                                               
 Qingshan Zhiyuan Venture Capital Fund L.P., “Suzhou Qingshan”                        |
| · | Suzhou                                                                               
 Mingzhi Intelligent Manufacturing Industry Investment Fund L.P., “Suzhou Mingzhi”    |
| · | Jingzhou                                                                             
 Henglong Real Estate Co., Ltd. Jingkai Branch, “Henglong Real Estate Jingkai Branch” |
| · | Jingzhou                                                                             
 Jinyu Hotel Management Co., Ltd., “Jinyu Hotel”                                      |
| · | Jiangsu                                                                              
 Intelligent Connected Vehicle Innovation Center Co.,Ltd. “Jiangsu Intelligent”       |

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The Company’s related party transactions
include product sales, material purchases and purchases of equipment and technology. These transactions were consummated at fair market
price and under similar terms as those with the Company's customers and suppliers. On some occasions, the Company’s related party
transactions also include purchase/sale of capital stock of the joint ventures and sale of property, plant and equipment.

Related party transactions during the years ended
December 31, 2024, 2023 and 2022, are as shown below (figures are in thousands of USD):

Merchandise Sold to Related Parties

|                         |     | Year Ended   
 December 31, |   2024 |     |   |   2023 |     |   |   2022 |
|:------------------------|:----|:-------------|-------:|:----|:--|-------:|:----|:--|-------:|
| Hubei Hongrun           |     | $            | 34,907 |     | $ | 33,829 |     | $ | 32,489 |
| Jingzhou Yude           |     |              | 12,129 |     |   | 11,390 |     |   |  8,778 |
| Xiamen Automotive Parts |     |              |  1,521 |     |