Business
China Automotive Systems to Announce Unaudited 2025 First Quarter Financial Results on May 14, 2025
China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2025, on Wednesday, May 14, 2025, before the market opens. Management will conduct a conference call on May 14th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation.
About this update from China Automotive Systems, Inc.
[{"type":"text","content":"WUHAN, China, May 6, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2025, on Wednesday, May 14, 2025, before the market opens. Management will conduct a conference call on May 14th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation.","length":566,"tagName":"p"},{"type":"text","content":"To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with pin 714212:","length":188,"tagName":"p"},{"type":"text","content":"Toll Free: 877-545-0523International: 973-528-0016China Toll Free: 86 400 120 3199","length":84,"tagName":"p"},{"type":"text","content":"A replay of the call will be available on the Company's website in the investor relations section.","length":102,"tagName":"p"},{"type":"text","content":"About China Automotive Systems, Inc. ","length":36,"tagName":"p"},{"type":"text","content":"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 its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.","length":908,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"This press release contains statements that are "forward-looki...