Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 141

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 141
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 amounts withheld.. Holders should consult their own tax advisors regarding these requirements and whether
they may be relevant to ownership and disposition of CAAS Cayman ordinary shares.

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PROPOSAL TWO — THE ADJOURNMENT PROPOSAL</div>

The Adjournment Proposal, if adopted, will allow
the adjournment of the Special Meeting, from time to time, to a later date or dates, if necessary or appropriate, to solicit additional
proxies if there are insufficient votes to adopt the Merger Agreement and Redomicile Merger at the time of the Special Meeting.

Consequences If the Adjournment Proposal Is Not Approved

If the Adjournment Proposal is presented to the
meeting and is not approved by the stockholders, the Company’s Board of Directors may not be able to adjourn the Special Meeting
to a later date or dates. In such event, the Redomicile Merger would not be completed.

Required Vote

To approve 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.

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DESCRIPTION OF SHARE CAPITAL OF CAAS CAYMAN</div>

The following description of the material terms
of CAAS Cayman ordinary shares following the Redomicile Merger includes a summary of specified provisions of the Amended CAAS Cayman Articles
that will be in effect upon completion of the Redomicile Merger. This description is qualified by reference to the Amended CAAS Cayman
Articles that will become effective upon consummation of the Redomicile Merger, which are attached as an exhibit to the registration statement
of which this proxy statement/prospectus is a part of and incorporated herein by reference. You are encouraged to read the relevant provisions
of the Companies Act and the Amended CAAS Cayman Articles as they relate to the following summary.

CAAS Cayman is authorized to issue 50,000,000 shares
of a par value of US$0.001 each. The directors of CAAS Cayman are authorized to issue these shares in different classes and series and,
with respect to each class or series, to determine the designations, powers, preferences, privileges and other rights, including dividend
rights, conversion rights, terms of redemption and liquidation preferences, any or all of which may be greater than the powers and