SORL Auto Parts, Inc. is engaged primarily in the
manufacture and distribution of automotive air brake
valves and hydraulic brake valves mainly for the commercial
vehicles market, such as trucks, vans and buses, in
the People's Republic of China (PRC). The Company
distributes products both in China and internationally
under SORL trademarks. The Company's product range
includes 36 types of brake valves with over 800 different
specifications.
In 2004, SORL derived 47% of its revenue from sales
of Original Equipment Manufacturers (OEM's) products
to almost all of China's truck manufacturers. Our
three largest customers, First Auto Group Purchase
Dept , FAW Qingdao Automobile Works, Liuzhou Special
Auto Manufacturing Co. Ltd represented 31% of our
total sales, among them First Auto Group (FAW) is
among the top five largest automobile manufacturers
in China. Aftermarket sales are channeled through
30 independent sales centers that sell exclusively
SORL and SORL Auto Parts, Inc. products to over 800
distributors. For the international market, the company
partners with the Ruili Group through its international
sales centers located in Australia and Dubai. |
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