CAAS earnings

WUHAN, China, April 22, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2025. Fourth Quarter 2025 HighlightsNet sales increased by 21.4% year-over-year to $229.2 millionGross profit increased by 79.8% to $53.0 million from $29.5 million.  Gross margin of 23.1% compared to 15.6% in the fourth quarter of 2024Operating income grew 108.0% to $18.1 million, compared with $8.7 million in the fourth quarter of 2024Net income attributable to parent company's

WUHAN, China, April 13, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter and audited financial results for the 2025 year ended December 31, 2025, on Wednesday, April 22, 2026, before the market opens.  Management will conduct a conference call on April 22nd at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connect

A special meeting of stockholders will be held on Wednesday, September 10, 2025, at 9:00 AM local time or 9:00 PM EDT on Tuesday, September 9, 2025 WUHAN, China, Sept. 2, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that a Special Meeting of Stockholders of China Automotive Systems, Inc. will be held on September 10, 2025 (Wednesday) at 9:00 am at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. The Company has also set up a conference room o

WUHAN, China, Aug. 13, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2025. Second Quarter 2025 Highlights Net sales rose 11.1% year-over-year to $176.2 million from $158.6 million in the second quarter of 2024.Sales in Brazil grew 49.4% year-over-year, representing 10.1% of total net sales.Gross profit increased by 4.2% year-over-year to $30.5 million from $29.3 million in the second quarter of 2024; gross profit margin was 17.3% in the second quarter of 2025.Income from operatio

WUHAN, China, July 29, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2025, on Wednesday, August 13, 2025, before the market opens.  Management will conduct a conference call on August 13th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference ca

2025 AGM will be held on Wednesday, June 25, 2025 at 9:00 AM local time, or 9:00 PM EDT on Tuesday, June 24, 2025 WUHAN, China, June 10, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on June 25, 2025 (Wednesday) at 9:00 am at the Second Floor Meeting Room, Henglong Group, No. 88 Jingsha Avenue, Jingzhou City, Hubei Province, the People's Republic of China. The Company has also set up a conference room on June 24, 2025 (Tuesday) at 9:00 pm at Henglong USA Corporation, 2546 Elliot

WUHAN, China, May 14, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Net sales grew by 19.9% year-over-year to $167.1 million; sales of EPS products rose by 54.0%Gross profit increased by 18.8% year-over-year to $28.6 million with a gross margin of 17.1% compared with $24.1 million of gross profit and a 17.3% gross margin in the first quarter of 2024Income from operations decreased to $8.6 million compared with $9.7 million in the first quarter of 2024Diluted

WUHAN, China, May 6, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2025, on Wednesday, May 14, 2025, before the market opens.  Management will conduct a conference call on May 14th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with

-  Electric Power Steering ("EPS") Sales Increased by 29.9% in 2024 - WUHAN, China, March 28, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Net sales increased by 18.6% year-over-year to $188.7 millionGross profit was $29.5 million from $34.7 million.  Gross margin of 15.6% compared to 21.8% in the fourth quarter of 2023Operating income was $8.7 million, compared with $13.6 million in the fourth quarter of 2023

WUHAN, China, March 19, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter ended December 31, 2024, on Friday, March 28, 2025, before the market opens. Management will conduct a conference call on March 28th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call

WUHAN, China, Nov. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Highlights Net sales rose 19.4% year-over-year to $164.2 million from $137.5 million in the third quarter of 2023.Gross profit increased by 6.5% year-over-year to $26.4 million from $24.8 million in the third quarter of 2023; gross margin was 16.0% in the third quarter of 2024 compared to 18.0% in the third quarter of 2023.Income from operations was $11.1 million for the third quart

WUHAN, China, Nov. 4, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, before the market opens. Management will conduct a conference call on November 13th at 8:00 A.M. EST/9:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conferen

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Tuesday, September 24, 2024 at 9:00 AM local time, or 9:00 PM EDT on Monday, September 23, 2024 WUHAN, China, Sept. 16, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Tuesday, September 24, 2024 at 9:00  am local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the Peopl

WUHAN, China, Aug. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024. Second Quarter 2024 Highlights Net sales rose 15.4% year-over-year to $158.6 million from $137.4 million in the second quarter of 2023.Gross profit increased by 29.0% year-over-year to $29.3 million from $22.7 million in the second quarter of 2023; gross margin increased to 18.5% in the second quarter of 2024 from 16.5% in the second quarter of 2023Income from operations increased by 38.7% year-over-year t

WUHAN, China, Aug. 2, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2024, on Tuesday, August 13, 2024, before the market opens. Management will conduct a conference call on August 13th at 7:00 A.M. EDT/7:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call wi

WUHAN, China, May 14, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales were $139.4 millionGross profit increased by 11.6% to $24.1 million with a gross margin of 17.3%, compared with $21.6 million of gross profit and a 15.2% gross margin in the first quarter of 2023Income from operations increased by 26.0% to $9.7 million compared with $7.7 million in the first quarter of 2023Diluted income per share increased by 17.4% to $0.27, compared to diluted inc

WUHAN, China, May 7, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2024, on Tuesday,  May 14, 2024, before the market opens.  Management will conduct a conference call on May 14th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with p

-  Electric Power Steering ("EPS") Sales Increased by 24.6% in 2023 - WUHAN, China, March 28, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2023. Fourth Quarter 2023 Highlights Net sales increased by 23.6% year-over-year to $159.2 millionGross profit increased by 38.8% to $34.7 million from $25.0 million.  Gross margin increased to 21.8% from 19.4% in the fourth quarter of 2022Operating income was $13.6 million, compared with an operating loss of

WUHAN, China, March 15, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter ended December 31, 2023, on Thursday, March 28, 2024, before the market opens. Management will conduct a conference call on March 28th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference c

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Wednesday, August 30, 2023 at 9:00 AM local time, or 9:00 PM EDT on August 29, 2023 WUHAN, China , Aug. 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Wednesday, August 30, 2023 at 9:00 AM local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of Chi

WUHAN, China, Aug. 11, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023. Second Quarter 2023 Highlights Net sales rose 8.1% year-over-year to $137.4 million from $127.2 million in the second quarter of 2022.Gross profit was $22.7 million, which is consistent with the $22.7 million in the second quarter of 2022.Income from operations was $7.8 million, compared to income from operations of $7.2 million in the second quarter of 2022.Net income attributable to parent company's commo

WUHAN, China, Aug. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 11, 2023, before the market opens.  Management will conduct a conference call on August 11th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call wit

WUHAN, China, May 12, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net sales increased by 4.3% to $142.2 million from $136.4 million in the first quarter of 2022Gross profit increased by 46.9% to $21.6 million with a gross margin of 15.2%, compared with $14.7 million of gross profit and a 10.8% gross margin in the first quarter of 2022Income from operations was $7.7 million compared with a loss from operations of $1.5 million in the first quarter of 2022Net i

WUHAN, China, May 5, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2023, on Friday,  May 12, 2023, before the market opens. Management will conduct a conference call on May 12th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with pin 6

- Electric Power Steering ("EPS") Sales Increased by 35.6% in 2022 - WUHAN, China, March 30, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2022. Fourth Quarter 2022 Highlights Net sales were $128.8 millionGross profit increased by 26.9% to $25.0 million from $19.7 million.  Gross margin increased to 19.4% from 14.2% in the fourth quarter of 2021Loss from operations was $2.6 million, compared to income from operations of $0.6 million in the fourth q

WUHAN, China, March 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth ended December 31, 2022, on Thursday,  March 30, 2023, before the market opens.  Management will conduct a conference call on March 30th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call wit

Q3 Revenues in Brazil Grew by 51.9% year-over-year Amid Currency Headwinds WUHAN, China, Nov. 14, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2022.  Third Quarter 2022 Highlights Net sales increased by 26.8% to $137.2 million compared with $108.2 million in the third quarter of 2021;Electric power steering ("EPS") product sales increased by 52.4% to $44.8 million;Gross profit increased 24.4% to $20.9 million and gross margin was 15.2% compared with 15.5% in the third quarte

WUHAN, China, Nov. 7, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2022, on Monday, November 14, 2022, before the market opens.  Management will conduct a conference call on November 14th at 8:00 A.M. EDT/9:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Friday, August 26, 2022 at 9:00 AM local time, or 9:00 PM EDT on August 25, 2022  WUHAN, China, Aug. 18, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Friday, August 26, 2022 at 9:00 AM local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. Th

WUHAN, China, Aug. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2022. Second Quarter 2022 Highlights Net sales rose 5.5% to $127.2 million from $120.6 million in the second quarter of 2021.Gross profit increased 43.7% to $22.7 million from $15.8 million in the second quarter of 2021; gross margin was 17.9%, compared with 13.1% in the second quarter of 2021.Income from operations was $7.2 million, compared to income from operations of $0.1 million in the second quarter of 2021

WUHAN, China, Aug. 5, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2022, on Friday, August 12, 2022, before the market opens.  Management will conduct a conference call on August 12th  at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call w

WUHAN, China, May 23, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights Net sales increased by 4.7% to $136.4 million from $130.3 million in the first quarter of 2021 Gross profit was $14.7 million with a gross margin of 10.8%, compared with $19.7 million and a 15.1% gross margin in the first quarter last year Loss from operations was $1.5 million compared with income from operations of $4.2 million in the first quarter of 2021 Net loss attributable to parent comp

WUHAN, China, May 18, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2022, on Monday, May 23, 2022, before the market opens. Management will conduct a conference call on May 23rd at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with pin 6

WUHAN, China, March 30, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales declined by 5.3% to $138.8 million from $146.5 million in the fourth quarter of 2020 Gross margin was 14.2% compared with 15.6% in the fourth quarter of 2020 Income from operations was $0.6 million compared to loss from operations of $4.0 million in the fourth quarter of 2020 Net income attributable to parent company's common shareho

WUHAN, China, March 16, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter ended December 31, 2021, on Wednesday, March 30, 2022, before the market opens.  Management will conduct a conference call on March 30th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference

WUHAN, China, Nov. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021.  Third Quarter 2021 Highlights Net sales decreased 5.4% to $108.2 million compared with $114.4 million in the third quarter of 2020; Electric power steering ("EPS") product sales increased by 76.0% to $29.4 million; Gross profit increased 23.5% to $16.8 million and gross margin increased to 15.5% from 11.9% in the third quarter of 2020; Income from operations was $0.6 million compared with income from

WUHAN, China, Nov. 5, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2021, on Friday, November 12, 2021, before the market opens.  Management will conduct a conference call on November 12th at 8:00 A.M. EST/9:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference

WUHAN, China, Aug. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2021. Second Quarter 2021 Highlights Net sales rose 45.0% to $120.6 million from $83.2 million in the second quarter of 2020; Gross profit increased 102.6% to $15.8 million from $7.8 million in the second quarter of 2020; gross margin was 13.1% compared with 9.4% in the first quarter of 2020; Income from operations was $0.1 million, compare to a loss of $5.2 million in the second quarter of 2020; Net income attri

WUHAN, China, Aug. 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens. Management will conduct a conference call on August 12th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation. To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call: Phone Number: +1-877-407-8

WUHAN, China, July 19, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ:CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. (the "Company") will be held on Wednesday, July 28, 2021 at 9:00 AM local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. The Company has also set up a conference room on July 27, 2021 at 9:00 PM at Henglong USA Corporation, 2546 Elliott Drive, Troy, Michigan, U.S., for the Company's shareholders to