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
China. The Company has also set up a conference room on
August 29, 2023 at 9:00 PM at Henglong USA Corporation, 2546 Elliott Drive,
Troy, Michigan, U.S., for the
Company's shareholders to participate via a WebEx connection.
Shareholders may access the annual meeting by dialing
U.S./Canada 1-408-792-6300, pin
number 2631 595 2301 and ask for the China Automotive Systems AGM
conference call.
A live webcast of the conference call will be available at:
https://caas-usa.webex.com/caas-usa/j.php?MTID=mcea6956d8d3ffc6ad20a5cc8c2183528
Meeting number (access code): 2631 595 2301
Meeting password: m6VdXGxxk84
About China Automotive Systems, Inc.
Based in Hubei Province, the
People's Republic of China, China Automotive Systems, Inc.
is a leading supplier of power steering components and systems to
the Chinese automotive industry, operating through eight
Sino-foreign joint ventures. The Company offers a full range of
steering system parts for passenger automobiles and commercial
vehicles. The Company currently offers four separate series of
power steering with an annual production capacity of over 6 million
sets of steering gears, columns and steering hoses. Its customer
base is comprised of leading auto manufacturers, such as China FAW
Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company
Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd.
in China, and Fiat Chrysler
Automobiles ("FCA") and Ford Motor Company in North America. For more information, please
visit: http://www.caasauto.com.
Forward-Looking Statements
This press release contains statements that are "forward-looking
statements" as defined under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements represent our
estimates and assumptions only as of the date of this press
release. Our actual results may differ materially from the results
described in or anticipated by our forward-looking statements due
to certain risks and uncertainties. As a result, the Company's
actual results could differ materially from those contained in
these forward-looking statements due to a number of factors,
including those described under the heading "Risk Factors" in the
Company's Annual Report on Form 10-K as filed with the Securities
and Exchange Commission on March 30,
2023, and in documents subsequently filed by the Company
from time to time with the Securities and Exchange Commission. Any
of these factors and other factors beyond our control, could have
an adverse effect on the overall business environment, cause
uncertainties in the regions where we conduct business, cause our
business to suffer in ways that we cannot predict and materially
and adversely impact our business, financial condition and results
of operations. A prolonged disruption or any further unforeseen
delay in our operations of the manufacturing, delivery and assembly
process within any of our production facilities could continue to
result in delays in the shipment of products to our customers,
increased costs and reduced revenue. We expressly disclaim any duty
to provide updates to any forward-looking statements made in this
press release, whether as a result of new information, future
events or otherwise.
For further information, please contact:
Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
jieli@chl.com.cn
Kevin Theiss
Awaken Advisors
+1-212-510-8922
Kevin@awakenlab.com
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SOURCE China Automotive Systems, Inc.