Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 143

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 143
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 votes which are cast by those shareholders entitled to vote who are present
at such general meeting, while a special resolution requires the affirmative vote of not less than two-thirds of the votes which are cast
by those shareholders entitled to vote who are present at such general meeting. Both ordinary resolutions and special resolutions may
also be passed by a unanimous written resolution signed by all the shareholders of CAAS Cayman, as permitted by the Companies Act and
the Amended CAAS Cayman Articles. A special resolution will be required for important matters such as change of name or making changes
to the Amended CAAS Cayman Articles.

Transfer of Ordinary Shares

Subject to the restrictions of the Amended CAAS
Cayman Articles, as applicable, any of CAAS Cayman’s shareholders may transfer all or any of his or her ordinary shares by an instrument
of transfer in the usual or common form or any other form approved by CAAS Cayman’s board of directors.

CAAS Cayman’s board of directors may, in
its absolute discretion, decline to register any transfer of any ordinary share which is not fully paid up or on which CAAS Cayman have
a lien. CAAS Cayman’s directors may also decline to register any transfer of any ordinary share unless:

| · | the instrument of transfer is lodged with CAAS Cayman, accompanied by the                                                          
 certificate for the ordinary shares to which it relates and such other evidence as CAAS Cayman’s board of directors may reasonably 
 require to show the right of the transferor to make the transfer;                                                                  |
| · | the instrument of transfer is in respect of only one class of ordinary shares;                                                     |
| · | the instrument of transfer is properly stamped, if required;                                                                       |
| · | in the case of a transfer to joint holders, the number of joint holders to                                                         
 whom the ordinary share is to be transferred does not exceed four; or                                                              |
| · | a fee of such maximum sum as Nasdaq may determine to be payable, or such                                                           
 lesser sum as the CAAS Cayman’s board of directors may from time to time require, is paid to CAAS Cayman in respect thereof.       |

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If CAAS Cayman’s directors refuse to register
a transfer they shall, within two months after the date on which the instrument of transfer was lodged, send to each of the transferor
and the transferee notice of such refusal, including the relevant reason for such refusal. The