Company: CAAS
Filing Date: 2025-07-01
Form Type: F-4
Source: 0001104659-25-064447
Chunk: 141

Company: China Automotive Systems, Inc.
Filing Date: 2025-07-01
Form: F-4
Chunk 141
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omicile
Merger, CAAS Cayman will issue approximately ordinary shares in the Redomicile Merger and the one ordinary share issued and outstanding
prior to the Redomicile Merger will be cancelled.

Ordinary Shares

General

All of CAAS Cayman’s issued and outstanding
ordinary shares will be issued credited as fully paid and non-assessable. CAAS Cayman’s ordinary shares are issued in registered
form, and are issued when registered in CAAS Cayman’s register of members. CAAS Cayman’s shareholders who are non-residents
of the Cayman Islands may freely hold and transfer their ordinary shares.

Dividends

The holders of CAAS Cayman’s ordinary shares
are entitled to such dividends as may be declared by CAAS Cayman’s board of directors, subject to the Companies Act and the Amended
CAAS Cayman Articles, as amended and restated from time to time. In addition, CAAS Cayman’s shareholders may declare dividends by
ordinary resolution, but no dividend shall exceed the amount recommended by CAAS Cayman’s board of directors. Under Cayman Islands
law, dividends may be declared and paid only out of funds legally available therefor, namely out of either profit or share premium account,
provided that in no circumstances may CAAS Cayman pay a dividend if this would result in CAAS Cayman being unable to pay its debts as
they fall due in the ordinary course of business.

Register of Members

Under Cayman Islands law, CAAS Cayman must keep
a register of members and there shall be entered therein:

| · | the names and addresses of the members, and a statement of the shares held                                                              
 by each member, and which statement shall confirm (i) the amount paid or agreed to be considered as paid, on the shares of each member, 
 (ii) the number and category of shares held by each member, and (iii) whether each relevant category of shares held by a member         
 carries voting rights under the Amended CAAS Cayman Articles, and if so, whether such voting rights are conditional;                    |
| · | the date on which the name of any person was entered on the register as a                                                               
 member; and                                                                                                                             |
| · | the date on which any person ceased to be a member.                                                                                     |

Under Cayman Islands law, the register of members
of CAAS Cayman is prima facie evidence of the matters set out therein (i.e., the register of members will