China Automotive Systems, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $131.5M
- Price
- $4.36
- % Change (Daily % change from the live per-ticker quote feed.)
- -6.24%
- Volume
- 80.6K
About
China Automotive Systems, Inc. (CAAS) operates as a prominent manufacturer and supplier of diverse automotive systems and components, primarily through its subsidiary network within the People's Republic of China. The company's extensive product portfolio includes a variety of power steering technologies: rack and pinion systems for passenger cars and light-duty vehicles, integral power steering units designed for heavy-duty applications, and various power steering parts specifically for lighter vehicles. CAAS also produces essential sensor modules, comprehensive automobile steering systems and columns, and both electronic and hydraulic power steering systems along with their related components. Beyond steering solutions, the firm develops and offers automotive motors, complex electromechanical integrated systems, and specialized polymer materials. It also provides innovative research and development services focused on intelligent automotive technology. In addition to its manufacturing prowess, CAAS offers vital after-sales support and R&D assistance. The company expands its market reach by supplying automotive parts to North America and Brazil. Its principal customers are Original Equipment Manufacturers (OEMs). China Automotive Systems, Inc. was founded in 1999 and is headquartered in Jingzhou, People's Republic of China.
Quick stats
Shares outstanding30.2M
Computed float10.6M
Float / shares35.2%
Key info
SectorConsumer Cyclical
IndustryAuto - Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002037400
Websitehttps://www.caasauto.com
AI Summary
AI-generated1/11
minorbullishoperations update
China Automotive Systems' Fully Redundant AP04 EPS Platform Meets ASPICE 4.0 CL2 in Joint Assessment by European OEM and UL
China Automotive Systems' subsidiary Henglong achieved ASPICE 4.0 Capability Level 2 in a joint assessment by a European automaker and UL, covering 19 core process areas.
The fully redundant AP04 EPS platform also met CL2, supporting planned mass production for European markets by the end of 2026.
Separately, Henglong secured development rights for a leading China-based automaker's R-EPS platform-based vehicle models, representing that client's mainstream offerings.