Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 164

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 164
---
 the “Constituent Companies”).

WHEREAS

(a) Merging
Company and the Company have agreed to merge (the “Merger”) on the terms and conditions contained or referred to in
an Agreement and Plan of Merger (the “Agreement”) dated as of June 26, 2025 by and between Merging Company and the
Company, a copy of which is attached as to this Plan of Merger and under the provisions of Part 16 of the Companies
Act (As Revised) of the Cayman Islands (the “Companies Act”), pursuant to which Merging Company will merge with and
into the Company and cease to exist, and the Company will continue as the surviving company in the Merger.

(b)This
Plan of Merger is made in accordance with section 237 of the Companies Act.

(c)Terms
used in this Plan of Merger and not otherwise defined in this Plan of Merger shall have the meanings given to them in the Agreement.

WITNESSETH

CONSTITUENT COMPANIES

1.The
constituent companies (as defined in the Companies Act) to the Merger are Merging Company and the Company.

NAME OF THE SURVIVING COMPANY

2.The
surviving company (as defined in the Companies Act) is the Surviving Company and its name shall be China Automotive Systems, Inc.

REGISTERED OFFICE

3.The
Surviving Company shall have its registered office at Maples Corporate Services Limited of PO Box 309, Ugland House, Grand Cayman, KY1-1104,
Cayman Islands.

AUTHORIZED AND ISSUED SHARE CAPITAL

4.Immediately
prior to the Effective Time (as defined below) the authorized share capital of Merging Company was 80,000,000 shares of common stock
of US$0.0001 par value per share and 20,000,000 shares of preferred stock of US$0.0001 par value per share, of which [●] shares
of common stock have been issued and outstanding.

5.Immediately
prior to the Effective Time, the authorized share capital of the Company is US$50,000 divided into 50,000,000 ordinary shares of US$0.001
par value per share, of which one ordinary share has been issued.

6.At
the Effective Time, the authorized share capital of the Surviving Company shall be US$50,000 divided into 50,000,000 ordinary shares
of US$0