{"id":7648,"date":"2022-03-30T10:00:00","date_gmt":"2022-03-30T10:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3708213_CN08213_0"},"modified":"2022-03-30T10:00:00","modified_gmt":"2022-03-30T10:00:00","slug":"china-automotive-systems-reports-fourth-quarter-and-fiscal-year-2021-results","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=7648","title":{"rendered":"China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results"},"content":{"rendered":"<div id=\"dvContent\" readability=\"301.7961768858\">\n<p><span class=\"xn-location\">WUHAN, China<\/span>, March&nbsp;30, 2022 \/PRNewswire\/ &#8212; <b>China Automotive Systems, Inc. (NASDAQ: CAAS)<\/b> (&#8220;CAAS&#8221; or the &#8220;Company&#8221;),&nbsp;a leading power steering components and systems supplier in <span class=\"xn-location\">China<\/span>, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended <span class=\"xn-chron\">December 31, 2021<\/span>.<\/p>\n<p><b>Fourth Quarter 2021 Highlights<\/b><\/p>\n<ul type=\"disc\">\n<li>Net sales declined by 5.3% to <span class=\"xn-money\">$138.8 million<\/span> from <span class=\"xn-money\">$146.5 million<\/span> in the fourth quarter of 2020 <\/li>\n<li>Gross margin was 14.2% compared with 15.6% in the fourth quarter of 2020 <\/li>\n<li>Income from operations was <span class=\"xn-money\">$0.6 million<\/span> compared to loss from operations of <span class=\"xn-money\">$4.0 million<\/span> in the fourth quarter of 2020 <\/li>\n<li>Net income attributable to parent company&#8217;s common shareholders was <span class=\"xn-money\">$5.0 million<\/span>, or diluted net income per share of <span class=\"xn-money\">$0.16<\/span>, compared to a net loss of <span class=\"xn-money\">$3.2 million<\/span>, or diluted loss per share of <span class=\"xn-money\">$0.10<\/span> in the fourth quarter of 2020.<\/li>\n<\/ul>\n<p><b>Fiscal Year 2021 Highlights<\/b><\/p>\n<ul type=\"disc\">\n<li>Net sales were <span class=\"xn-money\">$498.0 million<\/span> compared to <span class=\"xn-money\">$417.6 million<\/span> in 2020 <\/li>\n<li>Gross profit increased by 30.4% to <span class=\"xn-money\">$72.1 million<\/span> compared to <span class=\"xn-money\">$55.3 million<\/span> in 2020. Gross margin increased to 14.5% from 13.3% in 2020 <\/li>\n<li>Operating income was <span class=\"xn-money\">$5.5 million<\/span> compared to operating loss of <span class=\"xn-money\">$8.1 million<\/span> in 2020 <\/li>\n<li>Diluted net income per share was <span class=\"xn-money\">$0.36<\/span> in 2021 compared to diluted loss per share of <span class=\"xn-money\">$0.16<\/span> in 2020 <\/li>\n<li>Total cash and cash equivalents, pledged cash and short-term investments were <span class=\"xn-money\">$161.3 million<\/span> <\/li>\n<li>Net cash flow provided by operating activities was <span class=\"xn-money\">$28.3 million<\/span>.<\/li>\n<\/ul>\n<p>Mr. <span class=\"xn-person\">Qizhou Wu<\/span>, Chief Executive Officer of CAAS, commented, &#8220;We are pleased to report that our operations returned to profitability in the fourth quarter in a challenging macroeconomic environment. According to the China Association of Automobile Manufacturers, overall sales of automobiles in <span class=\"xn-location\">China<\/span> only grew by 3.8% in 2021. Our net sales increased by 19.3% year-over-year to <span class=\"xn-money\">$498.0 million<\/span> in 2021 as sales in the domestic Chinese passenger market, our revenue from <span class=\"xn-location\">North America<\/span> and our Brazilian operations all had strong growth.&nbsp; Our electric power steering (&#8220;EPS&#8221;) revenue increased 86.0% year-over-year and represented 23.2% of total revenues in 2021 compared with 14.8% a year ago. To enhance our New Energy Vehicle&nbsp;(&#8220;NEV&#8221;)&nbsp;products, we purchased a 40% interest in <span class=\"xn-location\">Sweden&#8217;s<\/span> Sentient AB, and we also developed new steering for Alfa Romeo&#8217;s first luxury plug-in-hybrid SUV, the model 2021 Tonale.&#8221;&nbsp; <\/p>\n<p>&#8220;We are encouraged for the 2022 year as passenger vehicle sales have risen in the first two months of 2022 and government policies have become more growth oriented,&#8221; Mr. Wu concluded. <\/p>\n<p>Mr. <span class=\"xn-person\">Jie Li<\/span>, Chief Financial Officer of CAAS, commented, &#8220;We maintained our financial strength as total cash and cash equivalents, pledged cash and short-term investments were <span class=\"xn-money\">$161.3 million<\/span>, or approximately <span class=\"xn-money\">$5.23<\/span> per share at year end. We continued to generate strong free cashflow.&#8221;&nbsp; <\/p>\n<p><b>Fourth Quarter of 2021<br \/><\/b><\/p>\n<p>In the fourth quarter of 2021, net sales decreased by 5.3% to <span class=\"xn-money\">$138.8 million<\/span> compared to <span class=\"xn-money\">$146.5 million<\/span> in the same quarter of 2020. The net sales decrease was mainly due to a change in the product mix and lower demand for automobiles in the fourth quarter of 2021 compared with the fourth quarter of 2020.&nbsp;&nbsp;&nbsp; <\/p>\n<p>Gross profit was <span class=\"xn-money\">$19.7 million<\/span> in the fourth quarter of 2021, compared to <span class=\"xn-money\">$22.8 million<\/span> in the fourth quarter of 2020. Gross margin in the fourth quarter of 2021 was 14.2% compared to 15.6% in the fourth quarter of 2020, primarily due to lower sales volume and a change in product mix. <\/p>\n<p>Gain on other sales was <span class=\"xn-money\">$1.8 million<\/span> in the fourth quarter of 2021, compared to <span class=\"xn-money\">$1.4 million<\/span> in the fourth quarter of 2020.<\/p>\n<p>Selling expenses were&nbsp;$3.4 million in the fourth quarter of 2021, compared to <span class=\"xn-money\">$5.6 million<\/span> in the fourth quarter of 2020. Selling expenses represented 2.4% of net sales in the fourth quarter of 2021, compared to 3.8% in the fourth quarter of 2020. <\/p>\n<p>General and administrative expenses (&#8220;G&amp;A expenses&#8221;) were <span class=\"xn-money\">$7.6 million<\/span> in the fourth quarter of 2021, compared&nbsp;to&nbsp;$14.3 million in the same period in 2020. G&amp;A expenses represented 5.5% of net sales in the fourth quarter of 2021, compared to 9.8%&nbsp;of net sales in the fourth quarter of 2020. The significantly higher G&amp;A expenses in the fourth quarter of 2020 were mainly attributable to a one-time, non-recurring expected credit loss provision of <span class=\"xn-money\">$6.4 million<\/span> related to a customer&#8217;s bankruptcy reorganization proceeding. <\/p>\n<p>Research and development expenses (&#8220;R&amp;D expenses&#8221;) were&nbsp;$9.9 million in the fourth quarter of 2021, compared to <span class=\"xn-money\">$8<\/span>.3&nbsp;million in the fourth quarter of 2020. R&amp;D expenses represented 7.1% of net sales in the fourth quarter of 2021,&nbsp;compared to 5.7% in the fourth quarter of 2020. Higher R&amp;D expenses were mainly related to higher investments in EPS and NEV products.<\/p>\n<p>Income from operations was <span class=\"xn-money\">$0.6 million<\/span> in the fourth quarter of 2021, compared with a loss from operations of <span class=\"xn-money\">$4.0 million<\/span> in the fourth quarter of 2020. Increase in the income from operations in the fourth quarter of 2021 was mainly due to a 25.9% year-over-year decrease in total operating expenses as both selling and G&amp;A expenses declined significantly. <\/p>\n<p>Interest expense&nbsp;was <span class=\"xn-money\">$0.5 million<\/span> in the fourth quarter of 2021, compared to <span class=\"xn-money\">$0<\/span>.4&nbsp;million in the fourth quarter of 2020.<\/p>\n<p>Financial expense was <span class=\"xn-money\">$1.5 million<\/span> in the fourth quarter of 2021, compared with <span class=\"xn-money\">$2.0 million<\/span> in the fourth quarter of 2020.<\/p>\n<p>Loss before income tax expenses and equity in earnings of affiliated companies was <span class=\"xn-money\">$0.4 million<\/span> in the fourth quarter of 2021, compared to a loss of <span class=\"xn-money\">$5.7 million<\/span> in the fourth quarter of 2020.<\/p>\n<p>Income tax expense was <span class=\"xn-money\">$0.7 million<\/span> in the fourth quarter of 2021, compared to an income tax expense of <span class=\"xn-money\">$1.9 million<\/span> for the fourth quarter of 2020, mainly due to a change in the valuation allowance recognized in the fourth quarter of 2021.<\/p>\n<p>Net income attributable to parent company&#8217;s common shareholders was <span class=\"xn-money\">$5.0 million<\/span> in the fourth quarter of 2021 compared to net loss attributable to parent company&#8217;s common shareholders of <span class=\"xn-money\">$3.2 million<\/span> in the fourth quarter of 2020. The net loss in the fourth quarter of 2020 was mainly due to a one-time, non-recurring <span class=\"xn-money\">$6.4 million<\/span> expected credit loss provision for a customer&#8217;s bankruptcy reorganization, net of minority interests. Diluted income per share was <span class=\"xn-money\">$0.16<\/span> in the fourth quarter of 2021, compared to diluted loss per share of <span class=\"xn-money\">$0.10<\/span> in the fourth quarter of 2020. <\/p>\n<p>The weighted average number of diluted common shares outstanding was 30,853,822 in the fourth quarter of 2021, compared to 31,851,776 in the fourth quarter of 2020.<\/p>\n<p><b>Fiscal Year 2021<\/b><\/p>\n<p>Net sales increased by 19.3% to <span class=\"xn-money\">$498.0 million<\/span> in 2021, compared to <span class=\"xn-money\">$417.6 million<\/span> in 2020. The increase was mainly due to the recovery in net sales in the first half of 2021 from the COVID-19 pandemic&#8217;s impact on automobile sales in <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">North America<\/span>. In 2021, sales of hydraulic products increased by 7.6% year-over-year while total sale of EPS systems increased by 86.0% year-over-year. EPS sales represented 23.2% of total revenue in 2021 compared with 14.8% in 2020.&nbsp; Net sales of vehicle steering systems to the Company&#8217;s North American customers increased by 10.4% year-over-year in 2021. <\/p>\n<p>Gross profit in 2021 increased by 30.4% to <span class=\"xn-money\">$72.1 million<\/span>, compared to <span class=\"xn-money\">$55.3 million<\/span> in 2020. The gross margin increased to 14.5% from 13.3% in 2020 mainly due to changes in the product mix.&nbsp; <\/p>\n<p>Gain on other sales amounted to <span class=\"xn-money\">$4.4 million<\/span>, generally consistent with <span class=\"xn-money\">$4.3 million<\/span> in 2020.<\/p>\n<p>Selling expenses were <span class=\"xn-money\">$18.3<\/span> million&nbsp;in 2021&nbsp;compared to <span class=\"xn-money\">$14.5 million<\/span> in 2020, mainly due to higher transportation expenses. Selling expenses represented 3.7% of net sales in 2021, compared to 3.5% in 2020. <\/p>\n<p>G&amp;A expenses declined 11.6% to <span class=\"xn-money\">$24.4 million<\/span> in 2021 from <span class=\"xn-money\">$27.6 million<\/span> in 2020. The decrease was mainly due to a decreased provision of allowance for doubtful accounts related to one customer&#8217;s bankruptcy reorganization in <span class=\"xn-chron\">November 2020<\/span>, which was partially offset by higher personnel costs. G&amp;A expenses represented 4.9% of net sales in 2021 compared to 6.6% of net sales in 2020.<\/p>\n<p>R&amp;D expenses were <span class=\"xn-money\">$28.2 million<\/span> in 2021, compared to <span class=\"xn-money\">$25.7 million<\/span> in fiscal year 2020. The increase was primarily due to higher investment in EPS products. R&amp;D expenses were 5.7% of net sales in 2021, compared to 6.2% of net sales in 2020. <\/p>\n<p>Income from operations was <span class=\"xn-money\">$5.5 million<\/span> in 2021, compared to a loss from operations of <span class=\"xn-money\">$8.1 million<\/span> in 2020. The income was mainly due to a 30.4% increase in gross profit, with an offsetting impact of a 4.6% increase in total operating expenses in 2021. The loss in 2020 was primarily due to lower net sales and a one-time, non-recurring expected credit loss provision related to a customer&#8217;s bankruptcy reorganization.<\/p>\n<p>Interest expense was <span class=\"xn-money\">$1.4 million<\/span> in 2021, a slight decline from the <span class=\"xn-money\">$1.6 million<\/span> in 2020. <\/p>\n<p>Net financial expense was <span class=\"xn-money\">$2.4 million<\/span> in&nbsp;2021, compared with <span class=\"xn-money\">$4.9 million<\/span> in 2020, primarily due to a decrease in foreign exchange losses. <\/p>\n<p>Income before income tax expenses and equity in earnings of affiliated companies was <span class=\"xn-money\">$8.4 million<\/span>, compared to a loss before income tax expenses and equity in earnings of affiliated companies of&nbsp;$12.2 million in fiscal year 2020. The change was primarily due to generating income from operations and lower net financial expense in 2021. <\/p>\n<p>Net income attributable to parent company&#8217;s common shareholders was <span class=\"xn-money\">$11.1 million<\/span> in 2021 compared to net loss attributable to parent company&#8217;s common shareholders of <span class=\"xn-money\">$5.0 million<\/span> in 2020. The loss in 2020 was mainly due to lower sales and a one-time, non-recurring <span class=\"xn-money\">$6.4 million<\/span> expected credit loss provision from a customer&#8217;s bankruptcy reorganization, net of minority interests. Diluted net income per share was <span class=\"xn-money\">$0.36<\/span> in 2021 compared to diluted loss per share of <span class=\"xn-money\">$0.16<\/span> in 2020. <\/p>\n<p>The weighted average number of diluted common shares outstanding was 30,855,431 in 2021 compared to 31,077,196 in 2020.<\/p>\n<p><b>Balance Sheet<\/b><\/p>\n<p>As of <span class=\"xn-chron\">December 31, 2021<\/span>, total cash and cash equivalents, pledged cash and short-term investments were <span class=\"xn-money\">$161<\/span>.3&nbsp;million. Total accounts receivable including notes receivable were <span class=\"xn-money\">$210.3 million<\/span>. Accounts payable including notes payable were <span class=\"xn-money\">$228.0 million<\/span> and short-term bank loans were <span class=\"xn-money\">$47.6 million<\/span>. Total parent company stockholders&#8217; equity was <span class=\"xn-money\">$321.0 million<\/span> as of <span class=\"xn-chron\">December 31, 2021<\/span>, compared to <span class=\"xn-money\">$303.2 million<\/span> as of <span class=\"xn-chron\">December 31, 2020<\/span>. Net cash&nbsp;flow from operating activities was <span class=\"xn-money\">$28.3 million<\/span> in 2021, compared with <span class=\"xn-money\">$57.4 million<\/span> in 2020. Cash paid to acquire property, plant and equipment and land use rights was <span class=\"xn-money\">$9.3 million<\/span> in 2021, compared with <span class=\"xn-money\">$15.8 million<\/span> in 2020.<\/p>\n<p><b>Business Outlook<\/b><\/p>\n<p>Management provides revenue guidance for the&nbsp;fiscal year 2022 of <span class=\"xn-money\">$510 million<\/span>. This target is based on the Company&#8217;s current views on operating and market conditions, which are subject to change. <\/p>\n<p><b>Conference Call<br \/><\/b><\/p>\n<p>Management will conduct a conference call on <span class=\"xn-chron\">March 30, 2022<\/span> at <span class=\"xn-chron\">8:00 A.M. EDT<\/span>\/<span class=\"xn-chron\">8:00 P.M.<\/span> Beijing Time to discuss these results. A question and answer session will follow management&#8217;s presentation. &nbsp;To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the &#8220;China Automotive Systems&#8221; conference call with pin <b>435179<\/b>:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"3\">\n<tr readability=\"3\">\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Phone Number:<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+1-888-506-0062 (North America) <\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Phone Number: <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+1-973-528-0011 (International) <\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Mainland China Toll Free:<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+86-400-120-3199<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>A replay of the call will be available on the Company&#8217;s website under the investor relations section.<\/p>\n<p><b>About China Automotive Systems, Inc.<br \/><\/b><\/p>\n<p>Based in <span class=\"xn-location\">Hubei Province<\/span>, <span class=\"xn-location\">the People&#8217;s Republic of China<\/span>, 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. 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 6 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 <span class=\"xn-location\">China<\/span>, and Fiat Chrysler Automobiles (FCA) and Ford Motor Company in <span class=\"xn-location\">North America<\/span>. For more information, please visit: <a target=\"_blank\" href=\"http:\/\/www.caasauto.com\/\" rel=\"nofollow noopener\">http:\/\/www.caasauto.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>This press release contains statements that are &#8220;forward-looking statements&#8221; as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. These forward-looking statements include statements regarding the qualitative and quantitative effects of the accounting errors, the periods involved, the nature of the Company&#8217;s review and any anticipated conclusions of the Company or its management and other statements that are not historical facts. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company&#8217;s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading &#8220;Risk Factors&#8221; in the Company&#8217;s Form 10-K annual report filed with the Securities and Exchange Commission on <span class=\"xn-chron\">March 30, 2021<\/span>, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. If the outbreak of COVID-19 is not effectively and timely controlled, our business operations and financial condition may be materially and adversely affected as a result of the deteriorating market outlook for automobile sales, the slowdown in regional and national economic growth, weakened liquidity and financial condition of our customers or other factors that we cannot foresee. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue.&nbsp; We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.<\/p>\n<p>For further information, please contact:<\/p>\n<p><span class=\"xn-person\">Jie Li<\/span> <br \/>Chief Financial Officer <br \/>China Automotive Systems, Inc. <br \/><a target=\"_blank\" href=\"mailto:jieli@chl.com.cn\" rel=\"nofollow noopener\">jieli@chl.com.cn<\/a><\/p>\n<p><span class=\"xn-person\">Kevin Theiss<\/span><br \/>Investor Relations<br \/>Tel: +1-212-510-8922 (new)<br \/>Tel: +1-212-521-4050 (old)<br \/>Email: <a target=\"_blank\" href=\"mailto:Kevin@awakenlab.com\" rel=\"nofollow noopener\">Kevin@awakenlab.com<\/a> <\/p>\n<p>-Tables Follow \u2013<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"53\">\n<tr readability=\"4.5\">\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>China Automotive Systems, Inc. and Subsidiaries<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated Balance Sheets <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(In thousands of USD, except share and per share amounts)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>ASSETS<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current assets:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">131,695<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">97,248<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Pledged cash<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,804<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,813<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Short-term investments<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,756<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,139<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"10.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes receivable, net &#8211; unrelated parties (Allowance for credit losses of $11,961&nbsp;<br \/>and $9,853, respectively)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195,729<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">216,519<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"7.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes receivable, net &#8211; related parties (Allowance for credit losses of $898&nbsp;<br \/>and $1, respectively)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,607<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,621<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"7.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advance payments and others, net &#8211; unrelated parties (Allowance for credit losses of $55&nbsp;<br \/>and $58, respectively)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,696<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,471<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advance payments and others &#8211; related parties <\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">600<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">522<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Inventories<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">116,493<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">88,325<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total current assets<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">501,380<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">475,658<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Non-current assets:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"6\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Property, plant and equipment, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">127,721<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">141,004<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Land use rights, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,732<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,774<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Intangible assets, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,812<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,730<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating lease assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">138<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">257<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term time deposits<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,135<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,688<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"6\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other receivables, net (Allowance for credit losses of $50&nbsp;and $58, respectively)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">358<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">179<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advance payment for property, plant and equipment &#8211; unrelated parties<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,284<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,615<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advance payment for property, plant and equipment &#8211; related parties<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">810<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,284<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term investments<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">36,966<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">49,766<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred tax assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,144<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,846<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other non-current assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,312<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,759<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total assets<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">716,762<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">707,560<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>LIABILITIES AND STOCKHOLDERS&#8217; EQUITY<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current liabilities:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Bank and government loans<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">47,592<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44,238<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes payable &#8211; unrelated parties<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">214,590<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">212,522<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes payable &#8211; related parties<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,464<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,730<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Customer deposits<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,400<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,482<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued payroll and related costs<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,984<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,405<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued expenses and other payables<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50,332<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,607<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Taxes payable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,326<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,149<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating lease liabilities &#8211; current portion<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">128<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">122<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amounts due to shareholders\/directors<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">344<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advances payable (current portion)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">885<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total current liabilities<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">351,816<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">354,484<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term liabilities:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advances payable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,028<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,722<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating lease liabilities &#8211; non-current portion<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other long-term payable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,126<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred tax liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,380<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,280<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term taxes payable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,075<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23,884<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">379,321<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">387,645<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Commitments and Contingencies <\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Mezzanine equity:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Redeemable non-controlling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">553<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">523<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Stockholders&#8217; Equity<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"18\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Common stock, $0.0001 par value &#8211; Authorized &#8211; 80,000,000 shares Issued \u2013 32,338,302 and <br \/>32,338,302 shares at December 31, 2021 and 2020, respectively<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Additional paid-in capital<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">63,731<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">64,273<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Retained earnings-<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Appropriated<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,481<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,303<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Unappropriated<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">226,363<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">215,491<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accumulated other comprehensive income<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,717<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,413<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnmr6\"><span class=\"prnews_span\">Treasury stock \u2013 1,486,526&nbsp;and 1,486,526&nbsp;shares at December 31, 2021 and 2020, <br \/>respectively<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen10\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,261)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,261)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total parent company stockholders&#8217; equity<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen10\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">321,034<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">303,222<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Non-controlling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen10\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,854<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,170<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total stockholders&#8217; equity<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen10\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">336,888<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">319,392<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities, mezzanine equity and stockholders&#8217; equity<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen10\"><\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">716,762<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">707,560<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"22.5\">\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>China Automotive Systems, Inc. and Subsidiaries<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated Statements of Income and Loss<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(In thousands of USD, except share and per share amounts)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen5\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year&nbsp;Ended&nbsp;December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"9\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net product sales ($65,131 and $53,222&nbsp;sold to related parties for the years ended<br \/>&nbsp;December 31, 2021 and 2020)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">497,993<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">417,636<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"9\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of products sold ($31,580&nbsp;and $23,879&nbsp;purchased from related parties for the <br \/>years ended December 31, 2021 and 2020)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">425,914<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">362,295<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&nbsp;&nbsp;&nbsp;&nbsp; <b>Gross profit<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">72,079<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,341<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net gain on other sales<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,368<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,320<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating expenses:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Selling expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,278<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,506<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">General and administrative expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,423<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,581<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Research and development expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">28,228<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">25,723<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total operating expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">70,929<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">67,810<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&nbsp;&nbsp;&nbsp;&nbsp; <b>Operating income\/(loss)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,518<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8,149)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other income, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,668<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,438<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,437)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,592)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Financial expense, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,350)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,897)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income\/(loss) before income tax expenses and equity in earnings of affiliated companies<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,399<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,200)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Less: Income taxes <\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,004<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,163<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Add: Equity in earnings of affiliated companies<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,331<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,092<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&nbsp;&nbsp;&nbsp;&nbsp; <b>Net income\/(loss)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,726<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,271)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net loss attributable to non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(352)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,300)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accretion to redemption value of redeemable non-controlling interests<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(28)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>&nbsp;&nbsp;&nbsp;&nbsp; Net income\/(loss) attributable to parent company&#8217;s common shareholders<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,050<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,980)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income\/(loss) attributable to parent company&#8217;s common shareholders per share &#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.36<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.16)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Diluted<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.36<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.16)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Weighted average number of common shares outstanding &#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,851,776<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31,077,196<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Diluted<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,855,431<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31,077,196<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"10\">\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>China Automotive Systems, Inc. and Subsidiaries<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated Statements of Comprehensive Income or Loss<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(I<\/i><i>n thousands of USD unless otherwise indicated)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen5\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year&nbsp;Ended&nbsp;December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income\/(loss)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,726<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,271)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other comprehensive income:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Foreign currency translation gain<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,784<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,386<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Comprehensive income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,510<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,115<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Comprehensive income\/(loss) attributable to non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">128<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,789)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accretion to redemption value of redeemable non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(28)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Comprehensive income attributable to parent company<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,354<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,895<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"45\">\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>China Automotive Systems, Inc. and Subsidiaries<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated Statements of Changes in Stockholders&#8217; Equity<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(In thousands of USD, except share and per share amounts)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Common Stock<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1, 2021 and 2020 \u2013 32,338,302 and 32,338,302 shares, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31, 2021 and 2020 \u2013 32,338,302 and 32,338,302 shares, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Additional Paid-in Capital<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">64,273<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">64,466<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in USAI<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(29)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in Changchun Hualong<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(76)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deemed distribution to shareholders<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(88)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Share-based compensation<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">88<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in Wuhu<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(630)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">63,731<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">64,273<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Retained Earnings &#8211; Appropriated<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,303<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,265<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Appropriation of retained earnings<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">178<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">38<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,481<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,303<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Unappropriated<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">215,491<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">221,298<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income\/(loss) attributable to parent company<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,078<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,971)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accretion of redeemable non-controlling interests<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(28)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cumulative effect of accounting change &#8211; credit loss<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(789)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Appropriation of retained earnings<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(178)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(38)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">226,363<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">215,491<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Accumulated Other Comprehensive Income\/(Loss)<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,413<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,462)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net foreign currency translation adjustment attributable to parent company<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,304<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,875<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,717<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,413<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Treasury Stock<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1, 2021 and 2020 \u2013 1,486,526&nbsp;and 1,164,257&nbsp;shares, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,261)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,261)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"6\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Repurchase of common stock in 2021 and 2020 \u2013 nil&nbsp;and 322,269&nbsp;shares, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,000)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31, 2021 and 2020 \u2013 1,486,526&nbsp;and 1,486,526&nbsp;shares, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,261)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,261)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total parent company stockholders&#8217; equity<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">321,034<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">303,222<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><u>Non-controlling Interest<\/u><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at January 1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,170<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,250<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net foreign currency translation adjustment attributable to non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">480<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,511<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net loss attributable to non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(352)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,300)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in Wuhu<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(444)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cumulative effect of accounting change &#8211; credit loss<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(102)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in USAI<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">29<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of the non-controlling interest in Changchun Hualong<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Contribution by non-controlling shareholder of Wuhu Hongrun<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">217<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Dividends declared to non-controlling interest holders of non-wholly owned subsidiaries<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(430)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Balance at December 31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,854<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,170<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total stockholders&#8217; equity<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">336,888<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">319,392<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"47.5\">\n<tr readability=\"4.5\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>China Automotive Systems, Inc. and Subsidiaries<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated Statements of Cash Flows<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(I<\/i><i>n thousands of USD unless otherwise indicated)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen5\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year&nbsp;Ended&nbsp;December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Cash flows from operating activities:<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income\/(loss)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,726<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,271)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjustments to reconcile net income\/(loss) to net cash provided by operating activities:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Share-based compensation<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">88<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,113<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,057<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred income taxes<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,020<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,205<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Allowance for credit losses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,738<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,238<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Equity in net earnings of affiliates<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,331)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,092)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Government subsidy reclassified from advances payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,253)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loss on disposal of fixed assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">389<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">129<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Government subsidy <\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">287<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(Increase)\/decrease in:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes receivable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">26,560<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,295<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advance payments and others<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,439<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,176<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Inventories<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(25,684)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(109)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Increase\/(decrease) in:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts and notes payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,801)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,248<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Customer deposits<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">870<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">93<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued payroll and related costs<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,721)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,073<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued expenses and other payables<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,081)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,069<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Taxes payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,501)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,474)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advances payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,700<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">502<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&nbsp;&nbsp;&nbsp;&nbsp; <b>Net cash provided by operating activities<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">28,271<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">57,426<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Cash flows from investing activities:<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchase of short-term investments and long-term time deposits<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(63,478)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(60,055)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from maturities of short-term investments<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">69,351<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53,393<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(Decrease)\/increase in demand loans and employee housing loans included in other receivables<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(171)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">165<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loan to a related party<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(151)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Repayment of loan from a related party<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">154<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash received from property, plant and equipment sales<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">150<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,495<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"12\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid to acquire property, plant and equipment and land use rights (including $1,965&nbsp;and <br \/>$2,668&nbsp;paid to related parties for the years ended December 31, 2021 and 2020, respectively)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,260)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15,825)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid to acquire intangible assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(642)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(741)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash received from long-term investment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,621<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,322<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Investment under equity method<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(308)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,360)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash prepaid for investment under equity method<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13,454)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash provided by\/(used in) investing activities<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,963<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23,757)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Cash flows from financing activities:<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from bank and government loans<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53,209<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,813<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Repayment of bank loans and government loans<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(50,803)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53,046)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Payment to broker agents for repurchase of common stock<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,990)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Repayments of the borrowing under sale and leaseback transaction<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,450)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,163)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deemed distribution to shareholders<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(88)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Acquisition of non-controlling interest<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,075)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(81)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash received from capital contributions by non-controlling interest holder<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">722<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash used in financing activities<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,119)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(19,833)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents affected by foreign currency<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,323<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,822<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net increase in cash and cash equivalents<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31,438<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,658<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash, cash equivalents and pledged cash at beginning of year<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">128,061<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">106,403<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Cash, cash equivalents and pledged cash at end of year<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">159,499<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">128,061<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"11\">\n<tr readability=\"3\">\n<td colspan=\"8\" class=\"prngen14\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen12\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen5\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year&nbsp;Ended&nbsp;December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid for interest<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,843<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,751<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid for income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,398<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,229<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" class=\"prngen14\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"8\" class=\"prngen14\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Non-cash investing activities:<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen12\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td colspan=\"6\" class=\"prngen5\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year&nbsp;Ended&nbsp;December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Property, plant and equipment recorded during the year which previously were advance payments<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,543<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,838<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td class=\"prngen2\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts payable for acquiring property, plant and equipment<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,510<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,024<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prngen2\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts receivable in exchange for short-term investments<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">223<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN08213&amp;sd=2022-03-30\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/china-automotive-systems-reports-fourth-quarter-and-fiscal-year-2021-results-301513502.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/china-automotive-systems-reports-fourth-quarter-and-fiscal-year-2021-results-301513502.html<\/a><\/p>\n<\/p><\/div>\n<p>Source: China Automotive Systems, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WUHAN, China, March&nbsp;30, 2022 \/PRNewswire\/ &#8212; China Automotive Systems, Inc. (NASDAQ: CAAS) (&#8220;CAAS&#8221; or the &#8220;Company&#8221;),&nbsp;a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales declined by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":7649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-7648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=7648\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results - My Blog\" \/>\n<meta property=\"og:description\" content=\"WUHAN, China, March&nbsp;30, 2022 \/PRNewswire\/ &#8212; China Automotive Systems, Inc. (NASDAQ: CAAS) (&#8220;CAAS&#8221; or the &#8220;Company&#8221;),&nbsp;a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2021. 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My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=7648","og_locale":"en_US","og_type":"article","og_title":"China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results - My Blog","og_description":"WUHAN, China, March&nbsp;30, 2022 \/PRNewswire\/ &#8212; China Automotive Systems, Inc. (NASDAQ: CAAS) (&#8220;CAAS&#8221; or the &#8220;Company&#8221;),&nbsp;a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales declined by [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=7648","og_site_name":"My Blog","article_published_time":"2022-03-30T10:00:00+00:00","og_image":[{"width":16,"height":16,"url":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/03\/china-automotive-systems-reports-fourth-quarter-and-fiscal-year-2021-results.png","type":"image\/png"}],"author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"17 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=7648#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=7648"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results","datePublished":"2022-03-30T10:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=7648"},"wordCount":3426,"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=7648#primaryimage"},"thumbnailUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/03\/china-automotive-systems-reports-fourth-quarter-and-fiscal-year-2021-results.png","articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=7648","url":"https:\/\/transmediavictoria.net.au\/?p=7648","name":"China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results - 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