ZHEJIANG, China, June 30, 2011 /PRNewswire-Asia-FirstCall/ --
SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or "the
Company"), a global tier one supplier of brake and control systems
to the commercial vehicle industry,today announced that its
Electronic Servo Clutch System (ESCS) won China's New Energy Bus Auto Parts Technology
Innovation Award for 2011 in recognition of SORL's novel
technologies for new energy vehicles that contribute to greater
efficiency and energy saving. SORL was honored with this
prestigious industry award at a ceremony during the Sixth China
International Bus Contest in Beijing
China.
SORL's product is a new control system for the clutch, which
offers two modes of operation for drivers. Drivers have the option
of either using the traditional mode (clutch pedal) to separate and
engage the clutch, or using an electronic control mode to separate
and engage the clutch. This clutch control system can help reduce
driver fatigue, provide more flexible operation, and it is both
more reliable and fuel efficient.
"We are proud to win China's
New Energy Bus Auto Parts Technology Innovation Award for 2011 as
it recognizes SORL's ability to make breakthroughs in important new
energy saving technologies. We will continue to devote our research
and development program to innovate new technologies to contribute
to vehicles' safety, comfort, operational flexibility and energy
conservation," said Huaping Wang,
SORL's Vice President and Chief Engineer. "We continue to enhance
our R& D capabilities to create more value for our products'
end users in the important truck, bus, and other vehicle
markets."
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. 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
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 .
Contact
Information:
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Ben Chen
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VP Finance & Corporate
Secretary
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Tel:
+86-577-6581-7721
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Email: ben@sorl.com.cn
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Kevin Theiss
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Grayling
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Tel:
+1-646-284-9409
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Email: kevin.theiss@grayling.com
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SOURCE SORL Auto Parts, Inc.