China Automotive Systems to Attend Goldman Sachs China Frontier Conference

China Automotive Systems to Attend Goldman Sachs China Frontier Conference

November 06, 2007

    WUHAN, Hubei, China, Nov. 6
/Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems,
Inc. (Nasdaq: CAAS), a leading power steering components
and systems supplier in China, today announced the Company
is invited to attend Goldman Sachs & Gao Hua
Securities' China Frontier Conference at Grand Hyatt Hotel
in Beijing on November 12th and 13th, 2007. 

    This two-day conference will be focusing on the top
Chinese companies representing key sectors such as
retail/consumer, property, financial, power, commodities,
telecom, technology, auto, manufacturing, media and
conglomerates.

    About CAAS 

    Based in Hubei Province, People's Republic of China,
China Automotive Systems, Inc. is a leading supplier of
power steering components and systems to the Chinese
automotive industry, operating through seven 
Sino-foreign joint ventures. The Company offers a full
range of steering system parts for passenger automobiles
and commercial vehicles. The Company currently offers 4
separate series of power steering and 307 models of power
steering with an annual production capacity of 1,100,000
sets, steering columns, steering oil pumps and steering
hoses. Its customer base is comprised of leading Chinese
auto manufacturers such as China FAW Group, Corp., Donfeng
Auto Group Co., Ltd., Brilliance China Automotive Holdings
Ltd., Beiqi Foton Motor Co., Ltd. and Chery Automobile Co.,
Ltd. etc. For more information, please visit:
http://www.caasauto.com .

    Safe Harbor Statement 

    This news release contains forward-looking statements
within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are
based on current expectations or beliefs, including, but
not limited to, statements concerning the Company's
operations, financial performance and, condition. For this
purpose, statements that are not statements of historical
fact may be deemed to be forward-looking statements. The
Company cautions that these statements by their nature
involve risks and uncertainties, and actual results may
differ materially depending on a variety of important
factors, including, among others, the impact of competitive
products, pricing and new technology; changes in consumer
preferences and tastes; and effectiveness of marketing;
changes in laws and regulations; fluctuations in costs of
production, and other factors as those discussed in the
Company's reports filed with the Securities and Exchange
Commission from time to time. 

    For further information, please contact:

     Mr. Jie Li
     Chief Financial Officer
     China Automotive Systems, Inc.
     Tel:   [phone]
     Email: [e-mail]

     Kevin Theiss
     The Global Consulting Group
     Tel:   [phone]
     Email: [e-mail]