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Stock impact report

China Automotive Systems Signs Strategic Cooperation MoU With KYB-UMW to Advance High-End Manufacturing in Malaysia and Further Develop ASEAN Market

China Automotive Systems, Inc. - Ordinary Share (CAAS) 
Last china automotive systems, inc. - ordinary share earnings: 11/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: caasauto.com
Company Research Source: PR Newswire
WUHAN, China, Nov. 3, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its  subsidiary, Hubei Henglong Automotive Systems Group Co., Ltd. ("Hubei Henglong"), has signed a strategic cooperation memorandum of understanding ("MoU" ) with KYB-UMW Sdn Bhd in Malaysia. KYB-UMW is a well-known local supplier of automotive chassis systems. It is a joint venture between KYB, a globally renowned automotive shock absorber and component company, and UMW, a core Malaysian automotive enterprise. UMW is a Malaysian conglomerate with core businesses covering automobiles, engineering, energy and other fields. It holds a 38% stake in Perodua, Malaysia's largest car manufacturer, and it has also established a joint venture with Toyota in Malaysia, UMW Toyota Motor, providing significant influence in the local automotive indu Show less Read more
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