About China Automotive Systems
China Automotive Systems, Inc is a holding company. The Company is engaged in the manufacture and sales of automotive systems and components in the People�s Republic of China. The Company�s subsidiaries include Great Genesis Holdings Limited (Genesis) and Henglong USA Corporation (HLUSA). Genesis is engaged in the manufacture and sale of automotive systems. HLUSA is engaged in marketing of automotive parts in North America and provides after-sales service and research and development support accordingly. Genesis directly and indirectly owns interests in nine Sino-joint ventures and a wholly owned subsidiary in the People�s Republic of China, China or the People�s Republic of China., which manufacture power steering systems and/or related products for different segments of the automobile industry. Genesis also owns interests in a Brazil-based trading company, which engages mainly in the import and sales of automotive parts in Brazil.
347