Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 33

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 33
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man Islands company do not have any general rights to inspect        
 corporate records of a company (other than the company's memorandum and articles of association    
 and any special resolutions for the time being in force, and the company’s register                
 of mortgages and charges), and the Amended CAAS Cayman Articles provide that the directors         
 have the discretion as to whether, to what extent, when, where and under what conditions           
 or regulations the accounts and books of CAAS Cayman may be open to the inspection of shareholders 
 who are not directors.                                                                             |
| · | Under                                                                                              
 the DGCL, a stockholder may bring a derivative suit provided the requirements to do so under       
 DGCL have been met. However, for a Cayman Islands company, the decision to institute proceedings   
 on behalf of a company is generally taken by the company’s board of directors, rather              
 than the shareholders, and a shareholder of CAAS Cayman would be entitled to bring a derivative    
 action on behalf of CAAS Cayman only in certain limited circumstances.                             |

For a detailed discussion of these and other material
differences, please see the comparison chart of your rights as a common stockholder of the Company against your rights as an ordinary
shareholder of CAAS Cayman under the section entitled “Comparison of Rights under Delaware and Cayman Islands Laws.”

The laws of the Cayman Islands may not provide CAAS Cayman shareholders with benefits comparable to those provided to shareholders of corporations incorporated in the United States.

CAAS Cayman’s corporate affairs are governed
by its memorandum and articles of association, as amended and restated from time to time, by the Companies Act, and by the common law
of the Cayman Islands. The rights of shareholders to take action against CAAS Cayman’s directors, actions by minority shareholders
and the fiduciary duties owed by CAAS Cayman’s directors to CAAS Cayman under Cayman Islands law are to a large extent governed
by the common law of the Cayman Islands. The common law of the Cayman Islands is derived in part from comparatively limited judicial
precedent in the Cayman Islands and from English common law, the decisions of whose courts are of persuasive authority but are not binding
on a court in the Cayman Islands. The rights of CAAS Cayman’s shareholders and the fiduciary duties of its directors, although
clearly established under Cayman Islands law, are not specifically prescribed in statute or a particular document in the same way that
they are in certain statutes