Company: CAAS
Filing Date: 2025-08-04
Form Type: 424B3
Source: 0001104659-25-073486
Chunk: 76

Company: China Automotive Systems, Inc.
Filing Date: 2025-08-04
Form: 424B3
Chunk 76
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 any other factors that the Company’s Board of Directors deems relevant.

Financial Information and Geographic Areas

The following table summarizes the percentage
of sales by major geographic regions (figures are in thousands of US dollars, except for percentages):

|                    |     | Year Ended   
 December 31, |    2024 |     |       |   |     |     |    2023 |     |       |   |     |     |    2022 |     |       |   |
|:-------------------|:----|:-------------|--------:|:----|------:|:--|:----|:----|--------:|:----|------:|:--|:----|:----|--------:|:----|------:|:--|
| Geographic region: |     |              |         |     |       |   |     |     |         |     |       |   |     |     |         |     |       |   |
| China              |     |              | 443,865 |     |  68.2 | % |     |     | 374,929 |     |  65.1 | % |     |     | 331,589 |     |  62.6 | % |
| United States      |     |              | 107,880 |     |  16.6 | % |     |     | 111,456 |     |  19.3 | % |     |     | 135,149 |     |  25.5 | % |
| Other foreign      
 countries          |     |              |  99,190 |     |  15.2 | % |     |     |  89,969 |     |  15.6 | % |     |     |  62,813 |     |  11.9 | % |
| Total consolidated |     |              | 650,935 |     | 100.0 | % |     |     | 576,354 |     | 100.0 | % |     |     | 529,551 |     | 100.0 | % |

Seasonality

Seasonal fluctuations have affected, and are likely
to continue to affect, our business. We generally generate more revenue during the first and last quarter of each year, reflecting seasonal
fluctuations in the volume of automotive production in China, United States and other foreign countries to which we sell our products.