Company: CAAS
Filing Date: 2025-07-25
Form Type: F-4/A
Source: 0001104659-25-070492
Chunk: 86

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-25
Form: F-4/A
Chunk 86
---
 such other party’s use.

Regulations on Domain Names

The Ministry of Industry and Information Technology,
or the MIIT, promulgated the Measures on Administration of Internet Domain Names on August 24, 2017, which became effective on November 1,
2017, and replaced the Administrative Measures on China Internet Domain Names promulgated by the MIIT on November 5, 2004. Pursuant
to these measures, the MIIT oversees the administration of PRC internet domain names. The domain name registration follows a first-to-file
principle. Applicants for registration of domain names must provide true, accurate, and complete information about their identities to
domain name registration service institutions. The applicants will become the holder of such domain names upon the completion of the registration
procedure.

Regulations on Foreign Exchange

General Administration of Foreign Exchange

Under the PRC Foreign Currency Administration Rules promulgated
on January 29, 1996, and most recently amended in 2008 and various regulations issued by the SAFE, and other relevant PRC government
authorities, Renminbi is convertible into other currencies for current account items, such as trade-related receipts and payments and
payment of interest and dividends. The conversion of Renminbi into other currencies and remittance of the converted foreign currency outside
China for capital account items, such as direct equity investments, loans, and repatriation of investment, requires the prior approval
from SAFE or its local branch.

Payments for transactions that take place in China
must be made in Renminbi. Unless otherwise approved, PRC companies may not repatriate foreign currency payments received from abroad or
retain the same abroad. FIEs may retain foreign exchange proceeds in accounts with designated foreign exchange banks under the current
account items subject to a cap set by SAFE or its local branch. Foreign exchange proceeds under the current accounts may be either retained
or sold to a financial institution engaged in the settlement and sale of foreign exchange pursuant to relevant SAFE rules and regulations.
For foreign exchange proceeds under the capital accounts, approval from SAFE is generally required for the retention or sale of such proceeds
to a financial institution engaged in the settlement and sale of foreign exchange.

<div align='center'>49</div>

Pursuant to the Circular of SAFE on Further Improving
and Adjusting Foreign Exchange Administration Policies for Direct Investment, which was promulgated on November 19, 2012, became
effective on December 17, 2012, and was further amended in