Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 151

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 151
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 of such judgments),
a judgment obtained in such jurisdiction will be recognized and enforced in the courts of the Cayman Islands at common law, without any
re-examination of the merits of the underlying dispute, by an action commenced on the foreign judgment debt in the Grand Court of the
Cayman Islands, provided such judgment (a) is given by a foreign court of competent jurisdiction, (b) imposes on the judgment
debtor a liability to pay a liquidated sum for which the judgment has been given, (c) is final, (d) is not in respect of taxes,
a fine or a penalty, and (e) was not obtained in a manner and is not of a kind the enforcement of which is contrary to natural justice
or the public policy of the Cayman Islands. However, the Cayman Islands courts are unlikely to enforce a judgment obtained from the U.S.
courts under civil liability provisions of the U.S. federal securities law if such judgment is determined by the courts of the Cayman
Islands to give rise to obligations to make payments that are penal or punitive in nature. Because such a determination has not yet been
made by a court of the Cayman Islands, it is uncertain whether such civil liability judgments from U.S. courts would be enforceable in
the Cayman Islands.

It is our understanding that the PRC does not
have treaties with the United States and many other countries providing for the reciprocal recognition and enforcement of judgments of
courts and that there is uncertainty as to whether the courts of the PRC would recognize or enforce judgments of United States courts
against CAAS Cayman or the directors or officers of CAAS Cayman predicated upon the civil liability provisions of the securities laws
of the United States or any state in the United States.

Additionally, our PRC counsel has advised us that
it may be difficult for you to bring an original action against CAAS Cayman or against its directors and officers who are nationals or
residents of countries other than the United States in a PRC court in the event that you believe that your rights have been infringed
under the U.S. federal securities laws, PRC laws, Cayman Islands laws or otherwise because we are incorporated under the laws of the
Cayman Islands and it may be difficult for U.S. shareholders, by virtue only of holding CAAS Cayman ordinary shares, to establish a connection
to the PRC as required by the PRC Civil Procedures Law in order for a PRC