SORL Auto Parts is Accepted for Listing on the Nasdaq Capital Market
2006年4月13日 - 9:46PM
PRニュース・ワイアー (英語)
Trading in Shares with Ticker Symbol 'SORL' to Start April 18
ZHEJIANG, China, April 13 /Xinhua-PRNewswire/ -- SORL Auto Parts,
Inc. (OTC:SAUP) (BULLETIN BOARD: SAUP) , a leading manufacturer and
distributor of commercial vehicle air brake valves based in China,
announced today that it has been approved to list its common shares
on the NASDAQ Capital Market. SORL Auto Parts expects to commence
trading its shares on NASDAQ beginning on Tuesday morning, April
18, 2006, under the symbol NASDAQ: SORL. "We are very excited to
move to the NASDAQ Capital Market," said Xiaoping Zhang, SORL Auto
Parts' chairman and chief executive officer. "This is a significant
milestone for our Company. SORL's transition to becoming a
publicly-traded company on the NASDAQ reflects our continued
growth, as well as the substantial strengthening of our financial
position in recent years. We believe our listing on the NASDAQ
Capital Market will better serve investors by providing greater
liquidity and visibility." 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 800
different specifications. The Company has three authorized
international sales centers in Australia, United Arab Emirates, and
the United States, with additional offices slated to open in other
locations in the near future. For more information regarding the
company's products, visit SORL Auto Parts' corporate web-site at (
http://www.sorl-autoparts.com/ ). Safe Harbor Statement Statements
made in this press release that are not historical fact are
"forward-looking statements," which are based on current
expectations that include a number of risks and uncertainties.
Additional factors that could potentially affect the Company's
financial results may be found on the Company's filings with the
Securities and Exchange Commission ( http://www.sec.gov/ ). For
more information, please contact: David Ming He SORL Auto Parts,
Inc. Tel: +86-577-6581-7720 Email: Christopher Chu The Global
Consulting Group Tel: +1-646-284-9426 Email: DATASOURCE: SORL Auto
Parts, Inc. CONTACT: David Ming He of SORL Auto Parts, Inc.,
+86-577-6581-7720, or , or Christopher Chu of The Global Consulting
Group, +1-646-284-9426, or Web Site: http://www.sorl-autoparts.com/
http://www.sec.gov/
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