Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 165

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 165
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.001 par value per share.

7.At
the Effective Time, and in accordance with the terms and conditions of the Agreement:

(a)each
share of common stock issued and outstanding in the Merging Company at the Effective Time shall be converted into or exchanged for one
ordinary share of par value US$0.001 of the Surviving Company (which shall be issued by the Surviving Company credited as fully paid);
and

(b)immediately
after the issue of ordinary shares pursuant to section 7(a) above, the one ordinary share of par value US$0.001 issued and outstanding
in the Company and held by the Merging Company immediately prior to the Effective Time shall be cancelled, and no consideration shall
be paid or payable to the holder of such share.

8.At
the Effective Time, the rights and restrictions attaching to the ordinary shares of the Surviving Company are set out in the Amended
and Restated Memorandum and Articles of Association of the Surviving Company in the form attached as to this Plan
of Merger.

EFFECTIVE TIME

9.The
Merger shall take effect on June 26, 2025 (the “Effective Time”).

PROPERTY

10.At
the Effective Time, the rights, property of every description including choses in action, and the business, undertaking, goodwill, benefits,
immunities and privileges of each of the Constituent Companies shall immediately vest in the Surviving Company which shall be liable
for and subject, in the same manner as the Constituent Companies, to all mortgages, charges, or security interests and all contracts,
obligations, claims, debts and liabilities of each of the Constituent Companies.

MEMORANDUM AND ARTICLES OF ASSOCIATION

11.The
Memorandum and Articles of Association of the Surviving Company shall be amended and restated by their deletion in their entirety and
the substitution in their place of the Amended and Restated Memorandum and Articles of Association in the form attached as to this Plan of Merger at the Effective Time.

DIRECTORS BENEFITS

12.There
are no amounts or benefits payable to the directors of the Constituent Companies on the Merger becoming effective.

DIRECTORS AND OFFICERS OF THE SURVIVING COMPANY

13.The
names and addresses of the directors of the Surviving Company are as follows:

| NAME                                                                                                                                       | ADDRESS                                                                                                               |
| Hanlin                                                                                                                                     
 Chen, as the chairman of the board of directors                                                                                            | c/o                                                                                                                   
 China Automotive Systems