Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 33

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 33
---
 of association to be adopted upon the Redomicile                  
 Merger (the “Amended CAAS Cayman Articles”), there is no requirement for shareholder approval for a sale of all or substantially                
 all of CAAS Cayman’s assets.                                                                                                                    |

<div align='center'>18</div>

| · | Under the DGCL, a corporation may not engage in a business combination with                                                                   
 an interested stockholder for a period of three years after the time of the transaction in which the person became an interested stockholder. 
 However, there is no equivalent provision under the Companies Act or the Amended CAAS Cayman Articles prohibiting business combinations       
 with interested shareholders.                                                                                                                 |
| · | Under the DGCL, any stockholder may, upon written demand stating the purpose                                                                  
 thereof, inspect the corporation’s books and records for a proper purpose during the usual hours for business. However, shareholders          
 of a Cayman Islands company do not have any general rights to inspect corporate records of a company (other than the company's memorandum     
 and articles of association and any special resolutions for the time being in force, and the company’s register of mortgages and              
 charges), and the Amended CAAS Cayman Articles provide that the directors have the discretion as to whether, to what extent, when, where      
 and under what conditions or regulations the accounts and books of CAAS Cayman may be open to the inspection of shareholders who are not      
 directors.                                                                                                                                    |
| · | Under the DGCL, a stockholder may bring a derivative suit provided the requirements                                                           
 to do so under DGCL have been met. However, for a Cayman Islands company, the decision to institute proceedings on behalf of a company        
 is generally taken by the company’s board of directors, rather than the shareholders, and a shareholder of CAAS Cayman would be               
 entitled to bring a derivative action on behalf of CAAS Cayman only in certain limited circumstances.                                         |

For a detailed discussion of these and other material
differences, please see the comparison chart of your rights as a common stockholder of the Company against your rights as an ordinary
shareholder of CAAS Cayman under the section entitled “Comparison of Rights under Delaware and Cayman Islands Laws.”

The laws of the Cayman Islands may not provide CAAS Cayman shareholders with benefits comparable to those provided to shareholders of corporations incorporated in the United States.

CAAS Cayman’s corporate affairs are governed
by its memorandum and articles of association, as amended and restated from time to time