Henglong (former city)

China Automotive Systems Announces Annual Meeting on August 30, 2023

Retrieved on: 
Tuesday, August 22, 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.

Key Points: 
  • 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.

China Automotive Systems Announces Annual Meeting on August 26, 2022

Retrieved on: 
Thursday, August 18, 2022

WUHAN, China, Aug. 18, 2022 /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 Friday, August 26, 2022 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 25, 2022 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.

Key Points: 
  • CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Friday, August 26, 2022 at 9:00 AM local time, or 9:00 PM EDT on August 25, 2022
    WUHAN, China, Aug. 18, 2022 /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 Friday, August 26, 2022 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.
  • Shareholders may access the annual meeting by dialing U.S./Canada +1-408-792-6300, pin number 2632 965 7608, 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=m93d47af4c7da5c6291044a30...
    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 ten Sino-foreign joint ventures.

China Automotive Systems Reports Unaudited 2022 First Quarter

Retrieved on: 
Monday, May 23, 2022

WUHAN, China, May 23, 2022 /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 first quarter ended March 31, 2022.

Key Points: 
  • WUHAN, China, May 23, 2022 /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 first quarter ended March 31, 2022.
  • Net sales increased by 4.7% to $136.4million in the first quarter of 2022, compared to $130.3 million in the first quarter of 2021.
  • Export net sales rose7.7% to $43.4million in the first quarter of 2022 compared with $40.3million in the first quarter of 2021.
  • The 2022 first quarter loss was primarily due to a lower gross profits and higher operating expenses in 2022 compared with the same quarter last year.

China Automotive Systems Announces Share Repurchase

Retrieved on: 
Monday, April 11, 2022

WUHAN, China, April 11, 2022 /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 $4.00 per share through March 30, 2023, 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 share purchases in addition to the Company repurchase.

Key Points: 
  • WUHAN, China, April 11, 2022 /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.
  • Members of the management team may make additional share purchases in addition to the Company repurchase.
  • The share repurchase commits our strong financial position to support shareholder value."
  • 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 ten Sino-foreign joint ventures.