China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving

Having been in production and well received by drivers since 2013, Sentient's foundational technology provides a superior driving experience and consistent stability regardless of tire characteristics, steering systems, road friction properties and suspension systems. About China Automotive Systems, Inc.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. Forward-Looking StatementsThis press release contains statements that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. For further information, please contact:Jie LiChief Financial OfficerChina Automotive Systems, Inc.Email: [email protected]Kevin TheissAwaken Advisors+1-212-521-4050Email: [email protected]SOURCE China Automotive Systems, Inc.Related Linkshttp://www.caasauto.com/#/