ZHEJIANG, China, April 21, 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, announced today that its 2011 annual stockholder meeting will be held at 8:00 PM China Standard Time (UTC +8) on Wednesday, June 1, 2011 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 6, 2011 are entitled to notice of and to vote at the 2011 Annual Meeting.
Proposals to be voted on at the annual meeting are as follows:
(1) To elect seven directors to hold office until the 2012 annual meeting of stockholders and until their successors are elected and qualified;
(2) To ratify the appointment of our independent registered public accounting firm for fiscal year 2011; and
(3) To transact any other matter that properly comes before the meeting or any adjournments or postponements thereof.
About SORL Auto Parts, Inc.
A leading manufacturer and distributor of automotive brake systems and other key safety-related auto parts in China, management believes that SORL Auto Parts, Inc. ranked No. 1 for market share in China in the segment for brake systems for commercial vehicles, 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.
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 .
SOURCE SORL Auto Parts, Inc.