July 20, 2012
SORL Auto Parts, Inc.
("SORL" or "the Company")
, a leading supplier of brake and control systems to the global commercial vehicle industry, today announced that a large retail auto parts and service retail chain in the U.S. is now offering SORL hydraulic replacement brake parts to its customers.
In 2011, SORL's international sales increased by 17.7% as its products were sold into more than 104 countries and regions in the world and accounted for 26.3% of sales. Three of the top 7 international customers in 2011 were located in
the United States
, Chief Operations Officer, commented, "We are very pleased to have our hydraulic braking products offered by this large auto parts retail chain. The purchase and offering of our products by this retail chain is another testament to our products' quality and performance. We are the leading air brake company for commercial vehicles in
and we continue to expand our aftermarket products into the U.S. market, the second-largest automotive market in the world."
About SORL Auto Parts, Inc.
As a global tier one supplier of brake and control systems to the commercial vehicle industry, SORL Auto Parts, Inc. is the market leader for commercial vehicles brake system, such as trucks and buses in
. The Company distributes products both within
and internationally under the SORL trademark. SORL is listed among the top 100 auto component suppliers in
, with a product range that includes 65 categories with over 2000 specifications in brake system and others. The Company has four authorized international sales centers in UAE,
the United States
. SORL is working to establish a broader global sales network. For more information, please visit
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will", "believes", "expects" or similar expressions. These forward-looking statements may also include statements about the Company's proposed discussions related to its business or growth strategy, which are subject to change. Such information is based upon expectations of the Company's management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond the Company's control and upon assumptions with respect to future business decisions, which are subject to change. The Company does not undertake to update the forward-looking statements contained in this press release. For additional information regarding known material factors that could cause the Company's results to differ from its projected results, please see its filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at
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SOURCE SORL Auto Parts, Inc.