Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 161

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 161
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 Cayman shall
take all such steps as may reasonably be required to cause the transactions contemplated by Section 2.01 and any other dispositions
of CAAS equity securities (including derivative securities) or acquisitions of CAAS Cayman equity securities (including derivative securities)
in connection with this Agreement by each individual who (i) is a director or officer of CAAS, or (ii) at the Effective Time,
is or will become a director or officer of CAAS Cayman, to be exempt under Rule 16b-3 promulgated under the Securities Exchange
Act of 1934, as amended.

<div align='center'>6</div>

Section 6.02.

Each Party shall use its
reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary and reasonably
appropriate to consummate and make effective, in the most expeditious manner practicable, the Merger and the other transactions provided
for herein.

<div align='center'>Article VII

GENERAL PROVISIONS</div>

Section 7.01.

This Agreement may be amended
by the Parties hereto at any time before or after any required approval or adoption by the stockholders of CAAS of this Agreement or
matters presented in connection with this Agreement; provided, however, that after any such approval or adoption, there
shall be made no amendment hereto requiring further approval or adoption by such stockholders under applicable law until such further
approval or adoption is obtained. This Agreement may not be amended except by an instrument in writing signed on behalf of each of the
Parties hereto.

Section 7.02.

At any time prior to the
Effective Time, the Parties may waive compliance with any of the agreements or covenants contained in this Agreement, or may waive any
of the conditions to consummation of the Merger contained in this Agreement, to the extent not prohibited under applicable law. Any agreement
on the part of a Party to any such waiver shall be valid only if set forth in an instrument in writing signed on behalf of such Party.
The failure of any Party to this Agreement to assert any of its rights under this Agreement or otherwise shall not constitute a waiver
of such rights.

Section 7.03.

Neither this Agreement nor
any of the rights, interests or obligations hereunder shall be assigned by any of the Parties hereto (whether by operation of law or
otherwise) without the prior written consent of the