SORL Auto Parts

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. On November 11, 2009, the Company setup a joint venture in Hongkong, named SORL International Holding, Ltd. (''SIH''). SIH is primarily devoted to expanding SORL's international sales network in Europe with a target to create a Best Brand.

ZHEJIANG, China, May  15, 2020  (GLOBE NEWSWIRE) --  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 the completion of the merger (the “Merger”) of the Company with Ruili International Merger Sub Inc. (“Merger Sub”), a wholly owned subsidiary of Ruili International Inc. (“Parent”), a Delaware corporation, pursuant to the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019, by and among the Company, Parent and Merger Sub.

SORL Auto Parts Announces Completion of Merger

ZHEJIANG, China, May  08, 2020  (GLOBE NEWSWIRE) -- 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 at the Company’s special meeting of stockholders earlier today, the stockholders of the Company approved, among others, the Company’s acquisition by Ruili International Inc. (“Parent”), a Delaware corporation, through a merger of the Company with Ruili International Merger Sub Inc., a wholly-owned subsidiary of Parent, as contemplated by the Company’s previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019.

SORL Auto Parts Announces Results of Special Meeting of Stockholders and Target Closing Date

ZHEJIANG, China, April  27, 2020  (GLOBE NEWSWIRE) --  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 Institutional Shareholder Services Inc. (“ISS”) has recommended that SORL stockholders vote “FOR” the proposed going private transaction for $4.72 per share of common stock in cash, as contemplated in the Company’s previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019, with Ruili International Inc. (“Parent”), and Ruili International Merger Sub Inc. (“Merger Sub”), pursuant to which Merger Sub will be merged with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly-owned subsidiary of Parent.

Leading Proxy Advisory Firm ISS Recommends SORL Stockholders Vote “FOR” Proposed Going-Private Transaction and Parent Announces its Receipt of PRC Regulatory Approvals

ZHEJIANG, China, March  27, 2020  (GLOBE NEWSWIRE) -- 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 the Company will not be able to file its 2019 Annual Report on Form 10-K by the original deadline of March 30, 2020 due to circumstances related to COVID-19. The Company’s headquarters is located in Ruian, Zhejiang Province, PRC, which has been seriously impacted by the COVID-19 epidemic. The Company’s operations in Zhejiang Province and other locations in China, have been largely suspended since the beginning of the Chinese New Year in late January 2020 through early March of 2020.  However, the Company’s operations have returned to full capacity and all corporate activities are now gradually returning to normal operations. 

SORL Auto Parts Announces Filing Extension for Form 10-K Due to COVID-19 Impact

ZHEJIANG, China, March  23, 2020  (GLOBE NEWSWIRE) -- 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 it would hold its special meeting of stockholders (the “Meeting”) at 10 a.m. (Beijing time) on May 8, 2020, at its principal executive office located at No. 2666 Kaifaqu Avenue, Rui’an Economic Development District, Rui’an City, Zhejiang Province, People’s Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019, by and among the Company, Ruili International Inc., a Delaware corporation (“Parent”), and Ruili International Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), the plan of merger, and the transactions contemplated by the Merger Agreement, including the Merger (as defined below).

SORL Auto Parts Announces Record Date and Meeting Date for Special Meeting of Stockholders

ZHEJIANG, China, Nov.  29, 2019  (GLOBE NEWSWIRE) -- 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 it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Ruili International Inc. (“Parent”), a Delaware corporation and formed on behalf of a consortium consisting of Mr. Xiao Ping Zhang, the Company's Chairman and Chief Executive Officer, Ms. Shu Ping Chi and Mr. Xiao Feng Zhang, directors of the Company, and Ruili Group Co., Ltd. (collectively, the “Consortium”), and Ruili International Merger Sub Inc. (“Merger Sub”), a Delaware corporation and a wholly-owned subsidiary of Parent.

SORL Auto Parts Enters Into Definitive Merger Agreement for “Going Private” Transaction

SORL Auto Parts, Inc. (SORL) Management on Q3 2019 Results - Earnings Call Transcript

Sorl Auto Parts, Inc. (SORL) on Q2 2019 Results - Earnings Call Transcript

On Wednesday, August 14, SORL Auto Parts (NASDAQ: SORL) will release its latest earnings report.

SORL Auto Parts Q2 Earnings Outlook

SORL Auto Parts (SORL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: SORL Auto Parts (SORL) Q2 Earnings Expected to Decline

SORL Auto Parts, Inc. (SORL) on Q1 2019 Results - Earnings Call Transcript

SORL Auto Parts, Inc. (SORL) on Q4 2018 Results - Earnings Call Transcript

SORL Auto Parts Inc. released its fiscal fourth-quarter financial results before the markets opened on Monday.

News for SORL Auto Parts Stock (SORL)