Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 1

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 1
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 a company incorporated
under the laws of the Cayman Islands and a wholly-owned subsidiary of the Company (“CAAS Cayman”) (the “Redomicile
Merger”). In connection with the Redomicile Merger, each share of the Company’s common stock will be converted into the right
to receive one ordinary share of CAAS Cayman, and CAAS Cayman will issue to each holder of such right that number of ordinary shares
in CAAS Cayman, par value US$0.001 per share, credited as fully paid, to which such holder is entitled. Upon the completion of the Redomicile
Merger, the former stockholders of the Company will become the legal owners of the shares of CAAS Cayman, and CAAS Cayman, together with
its subsidiaries, will own and continue to conduct our business in substantially the same manner as is currently being conducted by the
Company and its subsidiaries. CAAS Cayman will be managed by the same directors and executive officers that manage the Company today.

As further explained in the accompanying proxy
statement/prospectus, our board of directors (the “Board of Directors”) expects that the reorganization of the Company’s
corporate structure, which will be facilitated by the approval of the Redomicile Merger, will result in the following benefits:

| · | reduction                                                                                       
 of our operational, administrative, legal and accounting costs over the long term through       
 the reduction of our reporting obligations and related expenses because CAAS Cayman is expected 
 to qualify as a “foreign private issuer” under the rules and regulations                        
 of the Securities and Exchange Commission (“SEC”) and be exempt from certain                    
 rules under the Securities Exchange Act of 1934, as amended (“Exchange Act”),                   
 that would otherwise apply if CAAS Cayman were a company incorporated in the United States      
 or did not meet the other conditions to qualify as a foreign private issuer, which is in        
 line with the Company’s current business and operations, the majority of which are              
 conducted outside of the United States; and                                                     |

| · | alignment                                                                                      
 of our structure with our international corporate strategy, which structure would more closely 
 align with those of other companies operating in the same industry in China.                   |

We have chosen to redomicile under the laws of
the Cayman Islands because of its political and economic stability, effective judicial system, absence of exchange control or currency
restrictions and availability of professional and support services.

The Redomicile Merger cannot be completed unless