Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 65

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 65
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 and financial
condition.

Additionally, China has enacted laws and regulations
to respond to foreign sanctions and exterritorial measures. Changes in the laws and regulations of China may have a significant impact
on our business, results of operations and financial condition. We cannot foresee whether and how developments in similar policy actions
or any other policy actions taken by the U.S. or Chinese government will impact our business and financial performance.

Furthermore, the risks and uncertainties associated
with U.S.-China political, business, economic and trade relations may negatively impact investor sentiment towards China-based companies
listed in the U.S., which could in turn adversely affect the demand, price and trading volume of our shares.

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The current tensions in international trade and rising political tensions, may adversely impact our business, financial condition, and results of operations.

There have been heightened tensions in international
economic relations in recent years and these tensions may continue to escalate in the future. These tensions have resulted in changes
in international trade policies and, as they further escalate, may result in additional barriers to trade. For example, the tensions between
the United States and China in recent years have led to additional, or higher tariffs imposed by the United States on products imported
from China and restrictions on the sale of certain products into the United States. China has responded by imposing, and proposing to
impose additional, or higher tariffs on products imported from the United States, among other measures. In addition, international political
tensions have escalated and continue to be subject to uncertainties with respect to a wide range of issues. The U.S. government has also
adopted measures aiming to prohibit or restrict U.S. investment in China-associated companies that operate in certain industries. Rising
political tensions could reduce levels of trades, investments, technological exchanges, and other economic activities, which would materially
and adversely affect the global economic conditions and the stability of global financial markets. These developments may also lead to
increased compliance costs, operational disruptions, and potential constraints on our access to capital markets. The possibility of the
U.S. government delisting China-associated companies from U.S. stock exchanges, as recently reported in the media, creates uncertainty
regarding our ability to maintain our Nasdaq listing. Any further escalation of international tensions may have a negative impact on the
general, economic, political, and social conditions of the countries where we operate and, in turn, adversely impact our business, financial
condition, and results of operations.

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