{"id":526264,"date":"2021-08-10T16:13:36","date_gmt":"2021-08-10T20:13:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/"},"modified":"2021-08-10T16:13:36","modified_gmt":"2021-08-10T20:13:36","slug":"china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/","title":{"rendered":"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">WUHAN, China<\/span>, <span class=\"xn-chron\">Aug. 10, 2021<\/span> \/PRNewswire\/ &#8212; <b>China Automotive Systems, Inc. (Nasdaq: CAAS),<\/b> a leading power steering components and systems supplier in <span class=\"xn-location\">China<\/span>, today announced that it will issue unaudited financial results for the second quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, on <span class=\"xn-chron\">Thursday, August 12, 2021<\/span>, before the market opens. Management will conduct a conference call on <span class=\"xn-chron\">August 12<\/span><sup>th<\/sup> 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.<\/p>\n<p>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:<\/p>\n<p>Phone Number: +1-877-407-8031 (<span class=\"xn-location\">North America<\/span>)\u00a0<br \/>Phone Number: +1-201-689-8031 (International)\u00a0<br \/>Mainland <span class=\"xn-person\">China Toll Free<\/span>: +86-400-120-2840<\/p>\n<p>A replay of the call will be available on the Company&#8217;s website in the investor relations section.<\/p>\n<p>\n        <b>About China Automotive Systems, Inc. <\/b>\n      <\/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 href=\"http:\/\/www.caasauto.com\" rel=\"nofollow\">http:\/\/www.caasauto.com<\/a>.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/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.\u00a0 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>\n        <b>For further information, please contact:<br \/><\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Jie Li<\/span><br \/>\n        <br \/>Chief Financial Officer<br \/>China Automotive Systems, Inc.<br \/>Email: <a target=\"_blank\" href=\"mailto:jieli@chl.com.cn\" rel=\"nofollow noopener\">jieli@chl.com.cn<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Kevin Theiss<\/span><br \/>\n        <br \/>Investor Relations<br \/>+1-212-521-4050<br \/>Email: <a target=\"_blank\" href=\"mailto:Kevin@awakenlab.com\" rel=\"nofollow noopener\">Kevin@awakenlab.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN70672&amp;sd=2021-08-10\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021-301352634.html\">https:\/\/www.prnewswire.com\/news-releases\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021-301352634.html<\/a><\/p>\n<p>SOURCE  China Automotive Systems, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN70672&amp;Transmission_Id=202108101610PR_NEWS_USPR_____CN70672&amp;DateId=20210810\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire WUHAN, China, Aug. 10, 2021 \/PRNewswire\/ &#8212; China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens. Management will conduct a conference call on August 12th at 8:00 A.M. EDT\/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management&#8217;s presentation. 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: Phone Number: +1-877-407-8031 (North America)\u00a0Phone Number: +1-201-689-8031 (International)\u00a0Mainland China Toll Free: +86-400-120-2840 A replay &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-526264","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021 - Market Newsdesk<\/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:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire WUHAN, China, Aug. 10, 2021 \/PRNewswire\/ &#8212; China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens. Management will conduct a conference call on August 12th at 8:00 A.M. EDT\/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management&#8217;s presentation. 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: Phone Number: +1-877-407-8031 (North America)\u00a0Phone Number: +1-201-689-8031 (International)\u00a0Mainland China Toll Free: +86-400-120-2840 A replay &hellip; Continue reading &quot;China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-10T20:13:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN70672&amp;sd=2021-08-10\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021\",\"datePublished\":\"2021-08-10T20:13:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/\"},\"wordCount\":682,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN70672&amp;sd=2021-08-10\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\\\/\",\"name\":\"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021 - 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(Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021, before the market opens. Management will conduct a conference call on August 12th at 8:00 A.M. EDT\/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management&#8217;s presentation. 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: Phone Number: +1-877-407-8031 (North America)\u00a0Phone Number: +1-201-689-8031 (International)\u00a0Mainland China Toll Free: +86-400-120-2840 A replay &hellip; Continue reading \"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-10T20:13:36+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN70672&amp;sd=2021-08-10","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021","datePublished":"2021-08-10T20:13:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/"},"wordCount":682,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN70672&amp;sd=2021-08-10","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/china-automotive-systems-to-announce-unaudited-2021-second-quarter-financial-results-on-august-12-2021\/","name":"China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021 - 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