SORL Auto Parts Awarded 'Core Supplier' Designation by FAW Group

ZHEJIANG, China, Jan. 24, 2011 /PRNewswire-Asia-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL) ("SORL" or "the Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced that its subsidiary, Ruili Group Ruian Auto Parts Co., Ltd., was awarded a "core supplier" designation from the China FAW Group Corporation (FAW Group). In January 2011, the FAW Group held a procurement conference in Changchun. Over 900 suppliers and 1,800 representatives attended the meeting, and SORL was one of only 26 suppliers to be recognized as an FAW Group "core supplier."

Mr. Tao Baojian, Chief Operating Officer of SORL, commented, "We are very pleased to receive this high recognition for our product quality, scientific and technological content, and service level. This designation offers new business opportunities for our Company as FAW Group will give priority to our Company for future supplier requirements. In addition to the existing truck business, as a core suppler we may achieve new breakthroughs and accelerate our penetration into other vehicle segments within the FAW Group. FAW Group represents one of our top 3 current customers, and according to FAW Group's expected production and sales volumes, we expect to increase our sales with FAW Group by 10% to 15% in 2011."

The FAW Group was established in 1953. After fifty years of development, FAW Group has become one of the largest auto groups in China. FAW Group had 17 wholly owned subsidiaries, 15 holding subsidiaries and 4 publicly listed companies at the end of 2009. The sales volume of FAW Group has been among the top three in China's auto industry for many years. In 2010, FAW Group sold 2.56 million vehicles of all types, an increase of 31.6% compared to its sales volume in 2009. Sales under their own brand in 2010 increased 37.7% over 2009, reaching 1.03 million vehicles.

About SORL Auto Parts, Inc.

As China's leading manufacturer and distributor of automotive brake systems and other key safety related auto parts. SORL Auto Parts, Inc. ranked No. 1 for market share in the segment for commercial vehicles brake system, such as trucks and buses. 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 Australia, UAE, India, and the United States. SORL is working to establish a broader global sales network. For more information, please visit http://www.sorl.cn

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