Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 81

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 81
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 or its authorized local counterparts. Where a foreign investor invests in an industry or field subject
to special permit or license in accordance with laws, the relevant competent government authorities responsible for granting such permit
or license shall review the relevant application of the foreign investor in accordance with the same conditions and procedures applicable
to PRC domestic investors unless it is stipulated otherwise by the laws and administrative regulations, and the competent government
authority shall not impose discriminatory requirements on the foreign investor in terms of permit or license conditions, application
materials, reviewing steps and deadlines, etc. The relevant competent government authority shall not grant the license or permit
enterprise registration if the foreign investor intends to invest in the industries or fields as specified in the negative list without
satisfying the relevant requirements. In the event that a foreign investor invests in a prohibited field or industry as specified in
the negative list, the relevant competent government authority shall order the foreign investor to stop the investment activities, dispose
of the shares or assets or take other necessary measures within a specified time limit, and restore to the status prior to the occurrence
of the aforesaid investment, and the illegal gains, if any, shall be confiscated. If the investment activities of a foreign investor
violate the special administrative measures for access restrictions on foreign investments as stipulated in the negative list, the relevant
competent government authority shall order the investor to make corrections within the specified time limit and take necessary measures
to meet the relevant requirements. If the foreign investor fails to make corrections within the specified time limit, the aforesaid provisions
regarding the circumstance that a foreign investor invests in the prohibited field or industry shall apply.

Pursuant to the Foreign Investment Law and the
Implementing Rules, and the Information Reporting Measures for Foreign Investment jointly promulgated by the National Development and
Reform Commission, or the NDRC, and the Ministry of Commerce, or the MOFCOM and the State Administration for Market Regulation, which
took effect on January 1, 2020, a foreign investment information reporting system has been established and foreign investors or
foreign-invested enterprises shall report investment information to competent commerce departments of the government through the enterprise
registration system and the enterprise credit information publicity system, and the administration for market regulation shall forward
the above investment information to the competent commerce departments in a timely manner. In addition, the MOFCOM has set up a foreign
investment information reporting system to receive and handle the investment information and inter-departmentally shared