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 People's Republic of China. The Company
has also set up a conference room on Monday,
September 23, 2024 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 2633 219 5333 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=m43a4355899b76c40ac4f5cacb090eeb4
Meeting number (access code): 2633 219 5333
Meeting password: 5zuQxm3dMu6
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 8 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 Stellantis N.V. 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 28,
2024, 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.