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4 - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Issuer)
4 - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Issuer)
4/A - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Issuer)
8-K - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Filer)
10-Q - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Filer)
8-K - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Filer)
4 - CHINA AUTOMOTIVE SYSTEMS INC (0001157762) (Issuer)
WUHAN, China, Jan. 24, 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 its largest subsidiary by sales, Jingzhou Henglong Auto Parts Manufacturing Co., Ltd. ("Jingzhou Henglong"), achieved a production and sales increase of 35% year-over-year in the fourth quarter of 2024, and reached a new single monthly record high sales and production in December 2024 of more than 620,000 units, a 46.7% year-over-year increase. For 2024, annual production and sales volume exceeded 5 million units, representing an 18.5% year-over-year growth. The Company also announced t
WUHAN, China, Jan. 7, 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 its subsidiary, Shashi Jiulong Power Steering Gears Co., Ltd ("Shashi Jiulong"), won customer awards and accolades from two major vehicle OEM customers, Beiqi Foton Motor Co., Ltd. ("Foton Motor") and Shaanxi Automobile Heavy Truck ("Shaanxi"). Shashi Jiulong mainly provides steering systems to various commercial vehicles in China. At a Foton Motors Global Partner Conference, Shashi Jiulong received dual honors: the Excellent Supplier Series Award and the Excellent Supplier Series Award fro
WUHAN, China, Nov. 18, 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 its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months. Repurchases will be made in open market transactions, at prevailing market prices not to exceed $5.50 per share through November 15, 2025, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions. Members of the management team may make additional
WUHAN, China, Nov. 18, 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 its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months. Repurchases will be made in open market transactions, at prevailing market prices not to exceed $5.50 per share through November 15, 2025, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions. Members of the management team may make additional
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