Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 82

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 82
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 information
forwarded by the administration for market regulation in a timely manner. The foreign investors or foreign-invested enterprises shall
report the investment information by submitting reports including initial reports, change reports, deregistration reports and annual
reports.

On September 6, 2024, the NDRC and the MOFCOM
promulgated the Special Administrative Measures for Access of Foreign Investment (Negative List) (2024 Edition), or the 2024 Negative
List, which came into effect on November 1, 2024. In addition, the NDRC and the MOFCOM promulgated the Encouraged Industry Catalogue
for Foreign Investment (2022 Edition), or the 2022 Encouraged Industry Catalogue, which was promulgated on October 26, 2022, and
came into effect on January 1, 2023. Industries not listed in the 2024 Negative List and 2022 Encouraged Industry Catalogue are
generally open for foreign investments unless specifically restricted by other PRC laws. The establishment of wholly foreign-owned enterprises
is generally allowed in encouraged and permitted industries. Some restricted industries are limited to equity or contractual joint ventures,
while in some cases Chinese partners are required to hold the majority equity interests in such joint ventures. In addition, foreign
investment in projects in a restricted category is subject to government approvals. Foreign investors are not allowed to invest in industries
in the prohibited category.

Pursuant to the Provisional Administrative Measures
on Establishment and Modifications (Filing) for Foreign Invested Enterprises promulgated by the MOFCOM on October 8, 2016, and amended
in 2017 and 2018, establishment and changes of FIEs not subject to approvals under the special entry management measures shall be filed
with the relevant commerce authorities. However, as the PRC Foreign Investment Law has taken effect, the MOFCOM and the SAMR jointly
approved the Foreign Investment Information Report Measures on December 19, 2019, which has been in effect since January 1,
2020. According to the Foreign Investment Information Report Measures, which repealed the Provisional Administrative Measures on Establishment
and Modifications (Filing) for Foreign Invested Enterprises, foreign investors or FIEs shall report their investment-related information
to the competent local counterparts of the MOFCOM through Enterprise Registration System and National Enterprise Credit Information Notification
System.

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Regulations on Leasing

Purs