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

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 4
---
, will continue to be treated as a U.S. corporation for U.S. federal income tax purposes. We intend the Redomicile Merger
to qualify as a reorganization for U.S. federal income tax purposes. Assuming the Redomicile Merger qualifies as a reorganization, stockholders
of the Company will not recognize gain or loss for U.S. federal income tax purposes as a result of the Redomicile Merger. For a more detailed
discussion of U.S. federal income tax considerations for stockholders, please see the section entitled “Proposal One — The
Merger Proposal — Taxation — United States Taxation” beginning on page 80. We urge you to consult your own
tax advisor regarding the particular tax consequences of the Redomicile Merger to you.

We expect the ordinary shares of CAAS Cayman to
be listed on the Nasdaq under the symbol “CAAS,” the same symbol under which your shares of common stock in CAAS are currently
listed and traded. Currently, there is no established public trading market for the ordinary shares of CAAS Cayman.

Your vote is important. Whether or not you expect to attend the Special Meeting, you are respectfully requested by the Board of Directors to sign, date and return the enclosed proxy promptly. Stockholders who execute proxies retain the right to revoke them at any time prior to the voting thereof. A return envelope, which requires no postage if mailed in the United States, is enclosed for your convenience.

| Sincerely, |             |
|            | Chen Hanlin |
|            | Chairman    |

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PROXY STATEMENT/PROSPECTUS OR ANY OF THE SECURITIES TO BE ISSUED IN THE BUSINESS COMBINATION, OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PROXY STATEMENT/PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

This proxy statement/prospectus is dated and
is first being mailed to the Company’s shareholders on or about .

<div align='center'>ADDITIONAL INFORMATION</div>

This proxy statement/prospectus incorporates important
business and financial information about CAAS that is not included in this proxy statement/prospectus. This information is available to
you without charge upon written