SOURCE: SORL Auto Parts, Inc.

August 26, 2005 11:42 ET

SORL Auto Parts, Inc. Applies for Stock Listing Upgrade to the NASDAQ National Market System

ZHEJIANG, CHINA -- (MARKET WIRE) -- August 26, 2005 -- SORL Auto Parts, Inc. (OTC BB: SAUP), a leading international auto parts manufacturer in China, announced today that it has applied to upgrade its stock listing to the Nasdaq National Market System. SORL, whose stock is currently traded on the Over-the- Counter Bulletin Board, filed the application on August 11, 2005. The application process may take up to several months and there is no guarantee that the application will be approved. The Company expects initial comments from Nasdaq by mid-September.

SORL has selected Nasdaq, the largest electronic stock market in the United States, for its unique environment that helps companies create and increase shareholder value. Nasdaq's experienced and reputable market makers create a trading atmosphere that promotes liquidity, improved price continuity, market depth and increased institutional exposure.

"It has been our goal to be listed on a major U.S. stock exchange since we became a publicly traded company in May 2004," says Company Chairman and Chief Executive Officer Xiao Ping Zhang. "We anticipate this upgrade will lead to increased trading activity and broader market participation in our stock."

About SORL Auto Parts, Inc.

SORL Auto Parts, Inc. is engaged in the manufacture and distribution of automotive air brake valves and hydraulic break valves primarily for the commercial vehicle market for vehicles weighting more than three tons, such as trucks, vans and buses in the People's Republic of China. 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.


The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

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