China Automotive Systems, Inc. (CAAS) 2022年年度报告「NASDAQ」.pdf

1、 F FY Y 2 20 02 22 2 A AN NN NU UA AL L R RE EP POOR RT T C CHHI IN NA A A AU UT TOOMMOOT TI IV VE E S SY YS ST TE EMMS S,I IN NC C.Based in Hubei Province,Peoples Republic of China,CHINA AUTOMOTIVE SYSTEMS,INC.is a leading supplier of power steering components and systems to the Chinese automotive

2、industry and is exporting into the global market.The company operates through nine wholly-owned subsidiaries in China and America and nine Sino-foreign joint ventures in China.o Henglong USA Corporation Great Genesis Holdings Limited Shenyang Jinbei Henglong Automotive Steering System Co.,Ltd.Hubei

3、Henglong Automotive System Group Co.,Ltd.o Shashi Jiulong Power Steering Gears Co.,Ltd.o Wuhu Henglong Automotive Steering System Co.,Ltd.o Chongqing Henglong Hongyan Automotive System Co.,Ltd.o CAAS Brazils Imports And Trade In Automotive Parts Ltd.o Hubei Henglong Group Shanghai Automotive Electro

4、nics Research and Development Ltd.o Jingzhou Qingyan Intelligent Automotive Technology Research Institute Co.,Ltd.o Hubei Henglong&KYB Automobile Electric Steering System Co.,Ltd.o Hyoseong(Wuhan)Motion Mechatronics System Co.,Ltd.o Wuhu Hongrun New Material Co.,Ltd.o Changchun Hualong Automotive Te

5、chnology Co.,Ltd.Jingzhou Henglong Automotive Parts Co.,Ltd.Jingzhou Henglong Automotive Technology(Testing)Center Wuhan Jielong Electric Power Steering Co.,Ltd.Wuhan Chuguanjie Automotive Science and Technology Ltd.Dear Shareholder,2022 was a challenging year for the Chinese economy as growth slowe

6、d to 3.0%,significantly lower than 8.4%growth rate in 2021.Chinese GDP growth started off at a 4.8%increase in the first quarter of 2022,the highest growth of the year,then in a dramatic fashion,dropped to 0.4%growth rate in the second quarter,rebounded to 3.9%in the third quarter,and at last,cooled