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China Automotive Systems, Inc. (NASDAQ:CAAS) Q1 2024 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) insiders have significant skin in the game with 55% ownership

Key Insights Insiders appear to have a vested interest in China Automotive Systems' growth, as seen by their sizeable...

After the recent decline, China Automotive Systems, Inc. (NASDAQ:CAAS) Top Key Executive Hanlin Chen's holdings have lost 11% of their value

Key Insights Significant insider control over China Automotive Systems implies vested interests in company growth The...

China Automotive Systems Expands Partnership With BYD

/PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China,...

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China Automotive Systems Announces Share Repurchase

/PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China,...

New approach developed to solve plastics sustainability problem

Plastics sustainability has come a long way in recent years thanks in large part to scientific advances. But even as plastics become more and more...

China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving

China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving News provided by Share this article WUHAN, China, June 9, 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 its wholly owned subsidiary, Hubei Henglong Automotive Systems Group Co. Ltd. ("Henglong"), purchased a 40% interest in the issued share capital of Sentient AB ("Sentient"), a Swedish automotive technology company specializing in software development and hardware design for advanced steering functions, vehicle motion control and autonomous driving. In the transaction, Jingzhou WiseDawn Electric Car Co., Ltd. ("WiseDawn") will transfer and assign all of its Sentient shares, representing 40% of the issued share capital of Sentient, to Henglong for total consideration of Euro 20 million in three tranches of cash payments.  Two directors of CAAS, Mr. Hanlin Chen and Mr. Qizhou Wu, are the majority and minority owners of WiseDawn.

Hubei Henglong Automotive Systems Buys 40% Stake In Swedish Automotive Tech Co. Sentient

WASHINGTON (dpa-AFX) - China Automotive Systems, Inc. (CAAS) Wednesday announced that Hubei Henglong Automotive Systems Group Co. Ltd., a unit of the company, has bought 40% stake in Sentient AB