Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 118

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 118
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 presence, in person or by proxy,
of the holders of a majority of the shares of the common stock entitled to vote on the proposals. Under Delaware law, abstaining votes
are counted as present and are, therefore, included for purposes of determining whether a quorum of shares is present at the Special Meeting.

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Vote Required

The proposals to be presented at the Special Meeting
will require the following votes:

The Merger Proposal — the majority
of the outstanding shares of the Company’s common stock must vote “For” the proposal.

The Adjournment Proposal — the majority
of the outstanding shares of the Company’s common stock present in person or represented by proxy at the Special Meeting and entitled
to vote on the proposal must vote “For” the proposal.

Voting Your Shares

You may either vote by executing proxy or in person
at the Special Meeting. If you mark your voting instructions on the proxy card, your shares will be voted in accordance with your instructions.
If you return a signed card but do not provide voting instructions, your shares will be voted based on the recommendations of the Board
of Directors. We will pass out written ballots to anyone who wants to vote at the Special Meeting. If you hold your shares through a brokerage
account and do not have a physical share certificate, you must request a legal proxy from your stockbroker in order to vote at the Special
Meeting.

Revoking Your Proxy

If you are a holder of record of the Company’s
common stock and you give a proxy, you may revoke it at any time before it is exercised by doing any one of the following:

| · | you may send another signed proxy card to the Company with a later date so                               
 that it is received prior to the vote at the Special Meeting or attend the Special Meeting in person; or |
| · | you may notify the Company in writing, prior to the vote at the Special Meeting,                         
 that you have revoked your proxy.                                                                        |

If you hold the Company’s shares of common
stock in “street name,” you may submit new instructions on how to vote your shares by contacting your broker, bank or other
nominee.

Who Can Answer Your Questions About Voting Your Shares

If you are a stockholder and have any questions
about how to vote or direct a vote in respect of your shares of common stock, you may contact Kevin Thesis at 1 Financial Square, Suite 3200B
New York, NY10005, Phone (212)510