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SORL Auto Parts Announces Date of 2012 Annual Meeting of Stockholders

2012-04-20 19:05 1676

ZHEJIANG, China, April 20, 2012 /PRNewswire-Asia-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL) ("SORL" or "the Company"), a supplier of brake and control systems to the global commercial vehicle industry, announced today that its 2012 annual stockholder meeting will be held at 8:00 PM China Standard Time (UTC +8) on Thursday, June 7, 2012 in Meeting Room 205, No.1169 Yumeng Road, Ruian Economic Development District, Ruian City, Zhejiang Province, PR of China. Stockholders of record as of the close of business on Wednesday, April 11, 2012 are entitled to notice of and to vote at the 2012 Annual Meeting.

Proposals to be voted on at the annual meeting are as follows:

(1) To elect seven directors to hold office until the 2013 annual meeting of stockholders and until their successors are elected and qualified;

(2) To ratify the continued appointment of our independent registered public accounting firm for fiscal year 2012; and

(3) To transact any other matter that properly comes before the meeting or any adjournments or postponements thereof.

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 China. The Company distributes products both within China and internationally under the SORL trademark. SORL is listed among the top 100 auto component suppliers in China, 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, India, the United States and Europe. SORL is working to establish a broader global sales network. For more information, please visit http://www.sorl.cn.

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 http://www.sec.gov.

Contact Information

Ben Chen
VP Finance & Corporate Secretary
+86 577 6581 7721
Email: ben@sorl.com.cn

Kevin Theiss
Grayling
+1 646 284 9409
Email: kevin.theiss@grayling.com

Source: SORL Auto Parts, Inc.
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