Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 30

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 30
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 over the conduct of our business and may influence our operations from time to time, which could result in a material change in our operations 
 and/or the value of our securities.                                                                                                            |
| · | The approval of, or filing or other procedures with, the CSRC or other Chinese                                                                 
 regulatory authorities may be required in connection with issuing our equity securities to foreign investors under Chinese law, and, if        
 required, we cannot predict whether we will be able, or how long it will take us, to obtain such approval or complete such filing or other     
 procedures. We are also required to obtain business licenses from Chinese authorities in connection with our general business activities       
 currently conducted in China.                                                                                                                  |
| · | The PRC government has significant oversight and discretion over the conduct                                                                   
 of the business operations of our PRC subsidiaries or to exert control over any offering of securities conducted overseas and/or foreign       
 investment in China-based issuers, and may influence our operations, may limit or completely hinder our ability to offer or continue to        
 offer securities to investors, and may cause the value of such securities to significantly decline or be worthless, as the government          
 deems appropriate to further regulatory, political and societal goals.                                                                         |
| · | Uncertainties with respect to the PRC legal system, including uncertainties                                                                    
 regarding the enforcement of laws, and changes in policies, laws and regulations in China could adversely affect us.                           |
| · | It may be difficult to serve the Company with legal process or enforce judgments                                                               
 against the Company or its management.                                                                                                         |

Summary Pro Forma Financial Data and Historical Consolidated Financial Data

A pro forma condensed consolidated balance sheet
for CAAS Cayman is not presented in this proxy statement/prospectus because there are no significant pro forma adjustments required to
be made to the historical consolidated financial statements of the Company to give effect to the Redomicile Merger. The Redomicile Merger
will be accounted for as a legal reorganization with no change in ultimate ownership interest immediately before and after the transaction.
Please see the section entitled “The Merger Agreement — Accounting Treatment of the Merger.”

A pro forma condensed consolidated statement of
operations for CAAS Cayman is not presented in this proxy statement/prospectus because there are no significant pro forma adjustments
required to be made to income from operations in the historical consolidated income statements of the Company to give effect to the Redomicile
Merger.

Reference is made to the consolidated financial
statements of the Company, including