ZHEJIANG, China, Nov. 29, 2017 /PRNewswire/ — 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 it has recently won major supply contracts from the Shanghai Municipal Transportation Commission.
SORL is the exclusive supplier of electric air compressors to all buses for Shanghai’s municipal bus route 71. SORL is also the exclusive supplier of electric air compressors to all buses for Shanghai’s first Bus Rapid Transit (“BRT”) system.
In addition to the BRT contract, there are over 2,000 public buses in Shanghai’s municipal transportation system currently using electric air compressors made by SORL.
Mr. Xiaoping Zhang, SORL’s Chairman and Chief Executive Officer, stated, “We continue to dominate the Chinese bus market whether from an OEM or from an aftermarket perspective. Since Shanghai is China’s window to the world, we are proud that our products are among the most trusted products for Shanghai’s municipal transportation. As the largest braking system provider to the Chinese commercial vehicle market, we are well positioned to benefit from ongoing urban planning and vehicle upgrades.”
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. is the market leader for commercial vehicles brake systems, such as trucks and buses in China. 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 systems and others. 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. For more information, please visit http://www.sorl.cn.
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