SORL Auto Parts Schedules 2019 First Quarter Press Release and Conference Call for May 15, 2019
May 13 2019 - 6:00AM
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, today announced that it plans to release its
unaudited financial results for the 2019 first quarter
ended March 31, 2019 on Wednesday May 15, 2019 after the
market close.
Management will host a conference call
on Wednesday, May 15, 2019, at 8:00 P.M. EDT/ 8:00
A.M. Beijing Time on May 16, 2019, to discuss its unaudited
financial results for the 2019 first quarter ended March 31,
2019. Listeners may access the call by dialing U.S. toll free
number +1-877-407-0778 and +1-201-689-8565 for
international callers, and Mainland China toll free +86
400-120-2840. A live web cast of the conference call will also be
available at http://www.sorl.cn.
A replay of the call will be available shortly
after the conference call through 8:00 P.M. EDT on June 15,
2019 or 8:00 A.M. Beijing Time on June 16, 2019 . The replay
dial-in numbers are: U.S. toll free
number +1-877-481-4010 or the international
number +1-919-882-2331; using Conference ID “49126” to access
the replay.
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.
Safe Harbor Statement
This press release may include certain
statements that are not descriptions of historical facts, but are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the use of forward-looking
terminology such as "expects," "anticipates," "believes,"
"targets," "goals," "projects," "intends," "plans," "seeks,"
"estimates," "may," "will," "should" or similar expressions. For
example, when the Company describes the evaluation of the
preliminary non-binding proposal letter, it is using
forward-looking statements. These forward-looking statements may
also include statements about the Company's proposed discussions
related to its business or growth strategy, which are subject to
change. Such information is based upon expectations of the
Company's management that were reasonable when made, but may prove
to be incorrect. All of such assumptions are inherently subject to
uncertainties and contingencies beyond the Company's control and
upon assumptions with respect to future business decisions, which
are subject to change. The Company does not undertake to update the
forward-looking statements contained in this press release. These
risks and uncertainties may include, but are not limited to general
political, economic and business conditions which may impact the
demand for commercial vehicles or passenger vehicles in China and
the other significant markets where the Company's products are
sold, uncertainty regarding such political, economic and business
conditions, trends in consumer debt levels and bad debt write-offs,
general uncertainty related to possible recessions, natural
disasters, the political stability of China and the impact of any
of those events on demand for commercial or passenger vehicles,
changes in consumer confidence, new product development and
introduction, competitive products and pricing, seasonality,
availability of alternative sources of supply in the case of the
loss of any significant supplier or any supplier's inability to
fulfill the Company's orders, cost of labor and raw materials, the
loss of or curtailed sales to significant customers, the Company's
dependence on key employees and officers, the ability to secure and
protect trademarks, patents and other intellectual property rights,
potential effects of competition in the Company's business, the
dependency of the Company upon the normal operation of its sole
manufacturing facility, potential effect of the economic and
currency instability in China and countries to which the Company
sold its products, the ability of the Company to successfully
manage its expenses on a continuing basis, the continued
availability to the Company of financing and credit on favorable
terms, business disruptions, disease, general risks associated with
doing business in China or other countries including, without
limitation, foreign trade policies, import duties, tariffs, quotas,
political and economic stability, and the other factors discussed
in the Company's Annual Report on Form 10-K and other filings with
the Securities and Exchange Commission. For additional information
regarding known material factors that could cause the Company's
results to differ from its projected results, please see its
filings with the SEC, including its Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
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.
Contact Information
Kevin TheissInvestor RelationsAwaken Advisors+
1-212-521-4050kevin.theiss@awakenlab.com
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