China Automotive Systems, Inc.
China Automotive Systems, Inc. is a holding company incorporated in the U.S. state of Delaware (SEC EDGAR filer CIK 0001157762, file number 000-33123), not in China. This Delaware incorporation is stated on the cover page of the company’s Form 10-K annual reports filed with the U.S. Securities and Exchange Commission; the “China” jurisdiction recorded elsewhere in this profile reflects the location of the group’s operating subsidiaries and principal executive offices rather than the parent entity’s state of incorporation. The company was originally incorporated under the name Visions in Glass Inc and adopted its current name in May 2003. Its common stock trades on the Nasdaq Global Select Market under the ticker symbol CAAS.
China Automotive Systems, Inc. conducts its business through its subsidiary Great Genesis Holdings Limited, which holds interests in a group of Sino-foreign joint ventures and wholly owned operating subsidiaries centred on Hubei Henglong Automotive System Group Co., Ltd., based at No. 1 Henglong Road, Yu Qiao Development Zone, Jingzhou City, Hubei Province, China. Per its most recent Form 10-K, filed with the SEC on 28 March 2025 for the fiscal year ended 31 December 2024, the group designs, manufactures and sells power steering systems and components, including hydraulic and electric power steering gears and steering columns, for passenger cars and commercial vehicles. Operating subsidiaries named in that filing include Jingzhou Henglong, Shenyang Jinbei Henglong, Wuhu Henglong, Chongqing Henglong, Wuhan Chuguanjie, Henglong KYB, Wuhan Hyoseong, Changchun Hualong and Shanghai Henglong, alongside Henglong USA Corporation, which provides marketing and after-sales service in North America, and a Brazil-based subsidiary engaged in automotive-parts import and sale.
China Automotive Systems, Inc. is required to file periodic reports and proxy statements with the SEC under U.S. securities law as a result of its Nasdaq listing. Its shares outstanding stood at 30,170,702 (excluding treasury shares) as of 31 March 2025, per its definitive proxy statement filed 13 May 2025. An active SEC filing history and Nasdaq listing do not, on their own, indicate the financial condition of the company or its Chinese operating subsidiaries.
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Shareholders
Shareholders of China Automotive Systems, Inc.
China Automotive Systems, Inc. is a Nasdaq-listed company (ticker CAAS), and its ownership is disclosed through SEC beneficial-ownership filings rather than a Delaware shareholder register, since Delaware does not require corporations to publish a public shareholder list. Per the company’s definitive proxy statement (Form DEF 14A) filed with the SEC on 13 May 2025, using a record date of 31 March 2025, the company had 30,170,702 shares of common stock outstanding (excluding 2,167,600 treasury shares). Chairman Hanlin Chen was the largest disclosed beneficial owner, with 17,273,670 shares (57.25%); the proxy states this figure comprises 15,762,547 shares held directly by Mr. Chen, 1,502,925 shares beneficially owned by his wife, Ms. Li Ping Xie, and 8,198 shares held by Wiselink Holdings Limited, a company the filing describes as controlled by Mr. Chen. CEO and director Qizhou Wu was disclosed as beneficially owning 1,537,524 shares (5.09%). Non-director executive officers held smaller stakes: Andy Tse, Senior Vice President, 531,682 shares (1.76%); Jie Li, Chief Financial Officer, 147,031 shares (0.49%); and Haimian Cai, Vice President, 50,000 shares (0.17%). In total, all directors and executive officers as a group (10 persons) beneficially owned 19,539,907 shares, or 64.76% of shares outstanding, as of the record date. No other person or entity was disclosed in the proxy as beneficially owning 5% or more of outstanding shares, and no current Schedule 13D or 13G filing by an outside institutional investor was found in the company’s SEC EDGAR filing history at the time of research.
Ultimate beneficial ownership
Hanlin Chen, Chairman, is the disclosed principal beneficial owner of China Automotive Systems, Inc., with an aggregate 57.25% interest as of 31 March 2025 combining his direct holding with shares attributed to his spouse, Li Ping Xie, and to Wiselink Holdings Limited, an entity the proxy states he controls. This is a reported beneficial-ownership percentage taken directly from a U.S. proxy filing rather than a calculated indirect-ownership chain, and the filing does not disclose Wiselink Holdings Limited’s own jurisdiction or ownership.
Data availability
Shareholder disclosure for China Automotive Systems, Inc. is major-shareholders-only: as a Nasdaq-listed, SEC-reporting company, it discloses only directors, executive officers and beneficial owners of more than 5% of outstanding shares, as SEC rules require, rather than a complete shareholder register.
Sources
- China Automotive Systems, Inc. Definitive Proxy Statement (Form DEF 14A), filed 13 May 2025, SEC EDGAR — https://www.sec.gov/Archives/edgar/data/1157762/000110465925047470/tm2514169d1_def14a.htm — retrieved 15 September 2026
- SEC EDGAR company filing history, China Automotive Systems, Inc., CIK 0001157762 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001157762&type=SC+13 — retrieved 15 September 2026
Officers
9
Directors and officers of China Automotive Systems, Inc.
Per the company’s definitive proxy statement filed with the SEC on 13 May 2025 (record date 31 March 2025) and its Form 10-K filed 28 March 2025, the board of China Automotive Systems, Inc. comprised five directors as of the record date: Chairman Hanlin Chen (age 68) and Chief Executive Officer Qizhou Wu (age 60), both directors since March 2003; independent director Guangxun Xu (age 73), a director since December 2009 who chairs the Audit Committee and sits on the Compensation and Nominating Committees; independent director Robert Wei Cheng Tung (age 68), who previously served as a director from 2003 to 2019 and returned to the board in September 2024; and director Tong Kooi Teo. For the 2025 annual meeting, the board additionally nominated Tao Liu, an independent director candidate, for election. Non-director executive officers named in the proxy are Jie Li (Chief Financial Officer), Andy Tse (Senior Vice President), Haimian Cai (Vice President, with the company since 8 July 2010) and Henry Chen (Vice President).
Recent officer changes
- Robert Wei Cheng Tung rejoined the board as an independent director in September 2024, having previously served as a director of the company from 2003 to 2019 (source: DEF 14A filed 13 May 2025).
- Tao Liu was nominated as a new independent director candidate for election at the company’s 2025 annual shareholder meeting (source: same filing).
Data availability
Officer and director information for China Automotive Systems, Inc. is current-only: the profile above reflects the board and named executive officers as of the company’s most recent proxy statement and annual report, which are updated annually rather than continuously. Nationality is not officially disclosed for any director or officer in the SEC filings reviewed; it has not been inferred from names, residence or correspondence addresses and should be treated as not disclosed. Country of residence is likewise not separately disclosed for the individuals named in these filings.
Sources
- China Automotive Systems, Inc. Definitive Proxy Statement (Form DEF 14A), filed 13 May 2025, SEC EDGAR — https://www.sec.gov/Archives/edgar/data/1157762/000110465925047470/tm2514169d1_def14a.htm — retrieved 15 September 2026
- China Automotive Systems, Inc. Form 10-K Annual Report, filed 28 March 2025, SEC EDGAR — https://www.sec.gov/Archives/edgar/data/1157762/000110465925029080/caas-20241231x10k.htm — retrieved 15 September 2026
Registry feed — rows exactly as filed with SAMR — public search via GSXT (National Enterprise Credit Information Publicity System), including entries the profile above does not cover.
Group Structure
Group structure of China Automotive Systems, Inc.
China Automotive Systems, Inc. is a Delaware holding company and sits at the top of its own corporate group; no parent company of China Automotive Systems, Inc. itself was identified in its SEC filings. Per its Form 10-K filed 28 March 2025, the company conducts its operations through its subsidiary Great Genesis Holdings Limited, which holds interests in a group of Sino-foreign joint ventures and wholly owned operating subsidiaries centred on Hubei Henglong Automotive System Group Co., Ltd. in Jingzhou, Hubei Province, China. The 10-K describes the group as comprising eight Sino-foreign joint ventures and seven wholly owned subsidiaries in China, plus operating entities outside China: Henglong USA Corporation, which provides marketing and after-sales service in North America, and a Brazil-based subsidiary engaged in automotive-parts import and sale. The filing does not disclose individual registration numbers or entity-by-entity ownership percentages for these subsidiaries and joint ventures.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Great Genesis Holdings Limited | Not disclosed in filing | Not disclosed | Direct subsidiary | Ownership percentage not disclosed | Active | 31 Dec 2024 (FY2024 Form 10-K) |
| Hubei Henglong Automotive System Group Co., Ltd. | China | Not disclosed | Indirect subsidiary | Ownership percentage not disclosed | Active | 31 Dec 2024 (FY2024 Form 10-K) |
| Jingzhou Henglong | China | Not disclosed | Indirect subsidiary or joint venture (tier not specified in filing) | Ownership percentage not disclosed | Active | 31 Dec 2024 (FY2024 Form 10-K) |
| Henglong USA Corporation | United States | Not disclosed | Indirect subsidiary | Ownership percentage not disclosed | Active | 31 Dec 2024 (FY2024 Form 10-K) |
Data availability
Corporate-linkage information for China Automotive Systems, Inc. is subsidiaries-only: its Form 10-K names numerous operating subsidiaries and joint ventures but does not disclose their individual registration numbers or exact ownership percentages, and distinguishes only in aggregate between wholly owned subsidiaries and Sino-foreign joint ventures rather than entity by entity. No parent company of China Automotive Systems, Inc. itself was found in its SEC filings.
Sources
- China Automotive Systems, Inc. Form 10-K Annual Report, filed 28 March 2025, SEC EDGAR — https://www.sec.gov/Archives/edgar/data/1157762/000110465925029080/caas-20241231x10k.htm — retrieved 15 September 2026
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Frequently Asked Questions
Is China Automotive Systems, Inc. incorporated in China?
No. Despite its name and the location of its main operating subsidiaries in Jingzhou, Hubei Province, China, China Automotive Systems, Inc. is incorporated in the U.S. state of Delaware, as stated on the cover page of its SEC Form 10-K filings (CIK 0001157762).
What is China Automotive Systems, Inc.'s stock ticker?
CAAS, traded on the Nasdaq Global Select Market.
What was the company's former name?
The company was originally incorporated as Visions in Glass Inc and changed its name to China Automotive Systems, Inc. in May 2003.
What does China Automotive Systems, Inc. manufacture?
Through its subsidiaries, principally Hubei Henglong Automotive System Group Co., Ltd., it designs, manufactures and sells power steering systems and components, including hydraulic and electric power steering gears and columns, for passenger cars and commercial vehicles.
Where is the company's main operating base?
Its principal operating subsidiaries and manufacturing facilities are based in Jingzhou City, Hubei Province, China, at No. 1 Henglong Road, Yu Qiao Development Zone.
Who is the Chairman of China Automotive Systems, Inc.?
Hanlin Chen, who has served as Chairman since March 2003 and beneficially owned approximately 57.25% of outstanding shares as of 31 March 2025, per the company's 2025 proxy statement.
Who is the CEO of China Automotive Systems, Inc.?
Qizhou Wu, who has served as CEO and director since March 2003 and beneficially owned approximately 5.09% of outstanding shares as of 31 March 2025.
Does any outside institutional investor hold 5% or more of the company's shares?
No outside institutional shareholder holding 5% or more was disclosed in the company's 13 May 2025 proxy statement; directors and executive officers as a group held 64.76% of outstanding shares.
Who is China Automotive Systems, Inc.'s Chief Financial Officer?
Jie Li is named as Chief Financial Officer in the company's 2025 definitive proxy statement.
What is Great Genesis Holdings Limited?
It is the subsidiary through which China Automotive Systems, Inc. holds its interests in its Chinese operating subsidiaries and Sino-foreign joint ventures, per the company's Form 10-K.
When did China Automotive Systems, Inc. last file its annual report with the SEC?
Its most recent Form 10-K, for fiscal year 2024, was filed with the SEC on 28 March 2025.
Does China Automotive Systems, Inc. operate outside China?
Yes. In addition to its principal manufacturing operations in China, the group operates Henglong USA Corporation for marketing and after-sales service in the United States and a trading subsidiary in Brazil.
What is China Automotive Systems, Inc.'s SEC filer identifier?
CIK 0001157762, SEC file number 000-33123.
Was there a recent change to the board of directors?
Yes. Independent director Robert Wei Cheng Tung, who had previously served on the board from 2003 to 2019, returned to the board in September 2024, and Tao Liu was nominated as a new independent director candidate for the company's 2025 annual meeting.