UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
Form 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): July 27, 2009 (July 22,
2009)
China
Automotive Systems, Inc.
(Exact
Name of Registrant as Specified in its Charter)
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Delaware
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000-3123
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33-0885775
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(State or other jurisdiction of
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(Commission File
Number)
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(I.R.S. Employer
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incorporation or organization)
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Identification No.)
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Identification No.)
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No.
1 Henglong Road, Yu Qiao Development Zone
Shashi
District, Jing Zhou City
Hubei
Province
People’s
Republic of China
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code (86) 27-5981 8527
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
8.01 Other Events
Following
its report on Form 8-K and Form 10-Q for the first quarter ended March 31, 2009
filed by China Automotive Systems, Inc., the “Company”, with the Securities
and Exchange Commission on April 30, 2009 and May 12, 2009 respectively, the
Company has been negotiating with the joint and several provisional liquidator
acting for and on behalf of Lehman Brothers Commercial Corporation Asia Limited,
the “LBCCA Liquidator”,
which has elected to redeem the entire outstanding principal, in the aggregate
sum of $30,000,000, together with interest, late charges, if any, and the Other
Make Whole Amount as defined in the senior convertible notes all dated February
15, 2008, the “Senior
Convertible Notes”, for payment on July 23, 2009.
In order
to give more time to the Company and the LBCCA Liquidator to pursue settlement
discussions, the Company and the LBCCA Liquidator reached an agreement to extend
the applicable holder mandatory redemption date for two months from July 23,
2009 to September 23, 2009.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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China
Automotive Systems, Inc.
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(Registrant)
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Date: July
27, 2009
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By:
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/s/ Hanlin Chen
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Hanlin
Chen
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Chairman
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