Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 156

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 156
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 memorandum
and articles of association in the form set out in the Plan of Merger as the amended and restated memorandum and articles of association
of the Surviving Company until thereafter amended as provided by law and such amended and restated memorandum and articles of association.

(c)From
and after the Effective Time, the directors set forth in the Plan of Merger shall be the directors of the Surviving Company, each such
director to serve in such capacity until his earlier death, resignation or removal or until his successor is duly elected or appointed.

(d)From
and after the Effective Time, the officers set forth in the Plan of Merger shall be the officers of the Surviving Company, each such
officer to serve in such capacity until his earlier death, resignation or removal or until his successor is duly elected or appointed.

<div align='center'>2</div>

Section 1.04.

CAAS hereby represents and
warrants that, as of the date of this Agreement and immediately prior to the Effective Time, it is the registered holder of all of the
issued and outstanding shares of CAAS Cayman, free and clear of any adverse claims.

<div align='center'>Article II

TREATMENT OF SECURITIES</div>

Section 2.01.

At the Effective Time, by
virtue of the Merger and without any action on the part of the holder of any capital stock or shares (as applicable) of either CAAS or
CAAS Cayman:

(a)each
issued and outstanding share of CAAS Common Stock shall be automatically converted into the right to receive one validly issued, fully
paid and non-assessable CAAS Cayman Ordinary Share in accordance with Section 2.02, and CAAS Cayman shall issue to each holder
of such right that number of CAAS Cayman Ordinary Shares, credited as fully paid, to which each such holder is entitled. Each treasury
share of CAAS Common Stock shall be automatically converted into a treasury share of CAAS Cayman Ordinary Share;

(b)the
certificates representing CAAS Common Stock converted into the right to receive CAAS Cayman Ordinary Shares will be exchanged for share
certificates representing CAAS Cayman Ordinary Shares and cancelled;

(c)immediately
after the issuance of the CAAS Cayman Ordinary Shares pursuant to Section 2.01(a) above, the one CAAS Cayman Ordinary Share
that was held by CAAS immediately prior to the Merger shall be cancelled, and no consideration