ZHEJIANG, China, July 31 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves and related auto parts in China, announced today that its 2008 annual stockholder meeting will be held at 1:00 PM China Standard Time (UTC +8) on Tuesday, September 9, 2008 in the Beethoven Room at The St. Regis Hotel in Shanghai. Stockholders of record as of the close of business on July 16, 2008 are entitled to notice of and to vote at the 2008 Annual Meeting. Proposals to be voted on at the annual meeting are as follows:
(1) The election of seven directors to hold office until the 2009
annual meeting of stockholders and until their successors are
elected and qualified;
(2) The ratification of the appointment of our independent registered
public accounting firm for fiscal year 2008; and
(3) Any other matters that properly come before the meeting or any
adjournments or postponements thereof.
About SORL Auto Parts, Inc.
As China's leading manufacturer and distributor of automotive air brake valves, SORL Auto Parts, Inc. ranks first in market share in the segment for commercial vehicles weighing more than three tons, such as trucks and buses. The Company distributes products both within China and internationally under the SORL trademark. SORL ranks among the top 100 auto component suppliers in China, with a product range that includes 40 types of air brake valves and over 1000 different specifications. The Company has four authorized international sales centers in Australia, United Arab Emirates, India, and the United States, with additional offices slated to open in other locations in the near future. 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 our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. 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 .
For more information please contact:
Richard Cai
Director of Investor Relations
SORL Auto Parts, Inc.
Tel: +86-577-6581-7720
Email: richardcai@sorl.com.cn
Dan Joseph
ICR, Inc.
Tel: +86-21-6122-1077
Email: dan.joseph@icrinc.com
Bill Zima
ICR, Inc.
Tel: +1-203-682-8200
Email: william.zima@icrinc.com
