Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 124

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 124
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 Cayman Islands or PRC, judgments
obtained in United States courts, including judgments predicated upon the civil liability provisions of the securities laws of the United
States or any state in the United States.

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The Redomicile Merger

The steps that have been taken to date, and that
will be taken, to complete the Redomicile Merger are:

| · | CAAS Cayman was incorporated with the Company holding one (and only) ordinary                                                                 
 share issued by CAAS Cayman.                                                                                                                  |
| · | Following the Special Meeting, provided that we have obtained the requisite                                                                   
 stockholder approval of the Merger Agreement and the Plan of Merger and related transaction including the Redomicile Merger, as of the        
 Effective Time (i) the Company will merge with and into CAAS Cayman pursuant to the filing of (x) a certificate of merger with                
 the office of the Secretary of State of the State of Delaware and (y) the Plan of Merger with the Registrar Companies in the Cayman           
 Islands, with CAAS Cayman as the surviving company and changing its name to China Automotive Systems, Inc., and (ii) each share               
 of the Company’s common stock will be converted into the right to receive one ordinary share of CAAS Cayman, credited as fully paid,          
 and CAAS Cayman shall issue to each holder of such right that number of ordinary shares in CAAS Cayman to which each such holder is entitled. |
| · | The one ordinary share in CAAS Cayman issued to the Company prior to the                                                                      
 Redomicile Merger will be cancelled.                                                                                                          |

At the Effective Time, the existing equity compensation
plan of the Company, as may be amended, will be adopted and assumed by CAAS Cayman. Each outstanding option and other equity award issued
under our equity compensation plan for the purchase or receipt of, or payment based on, each share of the Company’s common stock
will represent the right to purchase or receive, or receive payment based on, one ordinary share in the capital of CAAS Cayman on substantially
the same terms.

Additionally, at the Effective Time, CAAS Cayman
will adopt and assume the obligations of the Company under or with respect to certain contracts or agreements as described in the Merger
Agreement. These contracts and agreements will become the obligations of CAAS Cayman and will be performed in the same manner and without
interru