China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China. The company produces rack and pinion power steering gears for cars and light duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems; and electric power steering gears. It is also involved in the marketing of automotive parts in North America, as well as the provision of after sales, and research and development support services. In addition, the company imports and sells automotive parts in Brazil. China Automotive Systems, Inc. primarily sells its products to the original equipment manufacturing customers. The company was founded in 2003 and is headquartered in Jing Zhou, the People’s Republic of China.