Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 114

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 114
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., “Ewinlink”                         |
| · | Hubei HLTW Automotive Lightweight Co.,Ltd., “Hubei HLTW”                        |
| · | Hubei Jinlv New Energy Battery Technology Co., Ltd., “Hubei Jinlv”              |
| · | Hubei Yiling Intelligent Technology Co., Ltd., “Hubei Yiling”                   |
| · | Sentient AB                                                                     |
| · | Suzhou Sentient Automotive Technology Co., Ltd., “Suzhou Sentient”              |
| · | Suzhou Qingshan Zhiyuan Venture Capital Fund L.P., “Suzhou Qingshan”            |
| · | Suzhou Mingzhi Intelligent Manufacturing Industry Investment Fund L.P., “Suzhou 
 Mingzhi”                                                                        |
| · | Jingzhou Henglong Real Estate Co., Ltd. Jingkai Branch, “Henglong               
 Real Estate Jingkai Branch”                                                     |
| · | Jingzhou Jinyu Hotel Management Co., Ltd., “Jinyu Hotel”                        |
| · | Jiangsu Intelligent Connected Vehicle Innovation Center Co.,Ltd. “Jiangsu       
 Intelligent”                                                                    |

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The Company’s related party transactions
include product sales, material purchases and purchases of equipment and technology. These transactions were consummated at fair market
price and under similar terms as those with the Company's customers and suppliers. On some occasions, the Company’s related party
transactions also include purchase/sale of capital stock of the joint ventures and sale of property, plant and equipment.

Related party transactions during the years ended
December 31, 2024, 2023 and 2022, are as shown below (figures are in thousands of USD):

Merchandise Sold to Related Parties

|                         |     | Year Ended December 31, |   2024 |     |   |   2023 |     |   |   2022 |
|:------------------------|:----|:------------------------|-------:|:----|:--|-------:|:----|:--|-------:|
| Hubei Hongrun           |     | $                       | 34,907 |     | $ | 33,829 |     | $ | 32,489 |
| Jingzhou Yude           |     |                         | 12,129 |     |   | 11,390 |     |   |  8,778