SORL Auto Parts Announces Date of 2009 Annual Meeting of Stockholders
April 28 2009 - 7:30AM
PR Newswire (US)
ZHEJIANG, China, April 28 /PRNewswire-Asia-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 2009 annual stockholder meeting
will be held at 9:00 AM China Standard Time (UTC +8) on Wednesday,
June 10, 2009 in the Ruihong Room at The Ruili Business Hotel in
Ruian. Stockholders of record as of the close of business on
Friday, April 17, 2009 are entitled to notice of and to vote at the
2009 Annual Meeting. Proposals to be voted on at the annual meeting
are as follows: (1) To elect seven directors to hold office until
the 2010 annual meeting of stockholders and until their successors
are elected and qualified; (2) To approve an amendment to our
Certificate of Incorporation to delete an anti-takeover provision;
(3) To approve an Amended and Restated Certificate of
Incorporation; (4) To ratify the appointment of our independent
registered public accounting firm for fiscal year 2009; and (5) To
transact 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/ .
DATASOURCE: SORL Auto Parts, Inc. CONTACT: Ben Chen, Director of
Investor Relations, SORL Auto Parts, Inc. at +86-577-6581-7721 or ;
At ICR, Inc.: In China: Yuening Jiang at +86-10-6599-7965 or ; In
U.S.: Brian M. Prenoveau, CFA at +1-203-682-8200 or Web site:
http://www.sorl.cn/
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