Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 117

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 117
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884 |

Advance Payments and Others to Related Parties

|                       |     | Year Ended   
 December 31, |  2024 |     |   |  2023 |     |   |  2022 |
|:----------------------|:----|:-------------|------:|:----|:--|------:|:----|:--|------:|
| Suzhou Sentient       |     | $            | 1,530 |     | $ | 1,553 |     | $ |   632 |
| Hubei Tongrun         |     |              |   178 |     |   |   151 |     |   |    49 |
| Hubei Asta            |     |              |    84 |     |   |   105 |     |   |    84 |
| Hubei Wiselink        |     |              |   402 |     |   |    82 |     |   |    54 |
| Jiangling Tongchuang  |     |              |     — |     |   |     — |     |   |   401 |
| Other related parties |     |              |     8 |     |   |   100 |     |   |   219 |
| Total                 |     | $            | 2,202 |     |   | 1,991 |     |   | 1,439 |

As of March 31, 2025, Hanlin Chen, our chairman,
owns 57.25% of the common stock of the Company and has the effective power to control the vote on substantially all significant matters
without the approval of other stockholders.

<div align='center'>69

SPECIAL MEETING OF CAAS STOCKHOLDERS</div>

General

The Company is furnishing this proxy statement/prospectus
to its shareholders as part of the solicitation of proxies by its Board of Directors for use at the Special Meeting of the Company’s
stockholders and at any adjournment or postponement thereof. This proxy statement/prospectus provides you with information you need to
know to be able to vote or instruct your vote to be cast at the Special Meeting.

Date, Time and Place of Special Meeting of the Company’s Stockholders

The Special Meeting will be held on September
10, 2025, at 9:00 a.m., (China Standard Time), at the Second Floor Meeting Room, D8