[FINAL China Automotive Systems Reports RECORD FIRST-QUARTER NET SALES and 25.6% increase in Net Income WUHAN, China, May 14, 2015 -- China Automotive Systems, Inc. (“CAAS” or the “Company”) (NASDAQ: CAAS) First Quarter 2015 Highlights · Net sales increased by 8.0% to a first-quarter record of $123.4 million, compared to $114.3 million in the first quarter of 2014. · ·] []
[] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-Q I, Qizhou Wu, certify that: 1. I have reviewed this quarterly report on Form 10-Q of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-Q I, Jie Li, certify that: 1. I have reviewed this quarterly report on Form 10-Q of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [18 U.S.C. SECTION 1350, OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Qizhou Wu President and Chief Executive Officer] [18 U.S.C. SECTION 1350, OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Jie Li Chief Financial Officer]
[] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-Q I, Qizhou Wu, certify that: 1. I have reviewed this quarterly report on Form 10-Q of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-Q I, Jie Li, certify that: 1. I have reviewed this quarterly report on Form 10-Q of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [18 U.S.C. SECTION 1350, OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Qizhou Wu President and Chief Executive Officer] [18 U.S.C. SECTION 1350, OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Jie Li Chief Financial Officer]
[] [Specimen Stock Certificate for Common Stock] [April 17, 2015 China Automotive Systems, Inc. Re: China Automotive Systems, Inc. Registration Statement on Form S-3 for Primary Sale of Shares of Common Stock by the Company and Resale of Shares of Common Stock by the Selling Shareholders with an aggregate public offering price of up to US$200,000,000 Ladies and Gentlemen: Company Registration Statement Act Commission We have acted] [China Automotive Systems, Inc. Computation of Ratio of Earnings to Fixed Charges (Dollars in thousands) Fiscal Year Ended December 31, 2014 2013 2012 2011 2010 Earnings: Income before income taxes and equity in earnings of affiliated companies $ 46,081 $ 38,241 $ 30,069 $ 52,099 $ 71,416 Add (deduct): Fixed charges 2,549 2,298 3,464 5,393 3,970 Earnings available for fixed] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of our report dated March 26, 2015, relating to the consolidated financial statements and the effectiveness of internal control over financial reporting, which appears in China Automotive Systems, Inc.’s Annual Report on Form 10-K for the fiscal year]
[] [Specimen Stock Certificate for Common Stock] [April 17, 2015 China Automotive Systems, Inc. Re: China Automotive Systems, Inc. Registration Statement on Form S-3 for Primary Sale of Shares of Common Stock by the Company and Resale of Shares of Common Stock by the Selling Shareholders with an aggregate public offering price of up to US$200,000,000 Ladies and Gentlemen: Company Registration Statement Act Commission We have acted] [China Automotive Systems, Inc. Computation of Ratio of Earnings to Fixed Charges (Dollars in thousands) Fiscal Year Ended December 31, 2014 2013 2012 2011 2010 Earnings: Income before income taxes and equity in earnings of affiliated companies $ 46,081 $ 38,241 $ 30,069 $ 52,099 $ 71,416 Add (deduct): Fixed charges 2,549 2,298 3,464 5,393 3,970 Earnings available for fixed] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of our report dated March 26, 2015, relating to the consolidated financial statements and the effectiveness of internal control over financial reporting, which appears in China Automotive Systems, Inc.’s Annual Report on Form 10-K for the fiscal year]
[China Automotive Systems ANNOUNCES RECORD NET SALES FOR THE 2014 FOURTH QUARTER AND FISCAL YEAR WUHAN, China, March 26, 2015 -- China Automotive Systems, Inc. (“CAAS” or the “Company”) (NASDAQ: CAAS) Fourth Quarter 2014 Highlights · Net sales increased by 4.7% to a record high of $135.3 million, compared to $129.2 million in the fourth quarter of 2013. · Gross] []
[China Automotive Systems ANNOUNCES RECORD NET SALES FOR THE 2014 FOURTH QUARTER AND FISCAL YEAR WUHAN, China, March 26, 2015 -- China Automotive Systems, Inc. (“CAAS” or the “Company”) (NASDAQ: CAAS) Fourth Quarter 2014 Highlights · Net sales increased by 4.7% to a record high of $135.3 million, compared to $129.2 million in the fourth quarter of 2013. · Gross] []
[CHINA AUTOMOTIVE SYSTEMS, INC. FORM 10-K INDEX Page PART I Item 1. Business. 4 Item 1A. Risk Factors. 9 Item 1B. Unresolved Staff Comments. 17 Item 2. Properties. 17 Item 3. Legal Proceedings. 18 Item 4. Mine Safety Disclosures. 18 PART II] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No.333-126959) of China Automotive Systems, Inc. of our report dated March 26, 2015 relating to the consolidated financial statements and the effectiveness of internal control over financial reporting, which appears in this Form 10-K. PricewaterhouseCoopers Zhong Tian LLP] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-K (CEO) I, Qizhou Wu, certify that: 1. I have reviewed this annual report on Form 10-K of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of] [RULE 13a-14(a) CERTIFICATION FOR FORM 10-K (CFO) I, Jie Li, certify that: 1. I have reviewed this annual report on Form 10-K of China Automotive Systems, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of] [SECTION 1350 CERTIFICATION (CEO) CHINA AUTOMOTIVE SYSTEMS, INC. 18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Qizhou Wu Chief Executive Officer] [SECTION 1350 CERTIFICATION (CFO) CHINA AUTOMOTIVE SYSTEMS, INC. 18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Jie Li Chief Financial Officer]
