SORL Auto Parts Schedules 2019 Second Quarter Press Release and Conference Call for August 14, 2019
09 Agosto 2019 - 10:42AM
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 second quarter ended June
30, 2019 on Wednesday August 14, 2019 after the market close.
Management will host a conference call on Wednesday, August 14,
2019, at 8:00 P.M. EDT/ 8:00 A.M. Beijing Time on August 15, 2019,
to discuss its unaudited financial results for the 2019 second
quarter ended June 30, 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
https://www.investornetwork.com/event/presentation/52973.
A replay of the call will be available shortly after the
conference call through 8:00 P.M. EDT on June 14, 2019 or 8:00 A.M.
Beijing Time on June 15, 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 “52973” 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
Phyllis
Huang+86.151.6770.5972+86.577.6581.7721phyllis@sorl.com.cn
Kevin TheissAwaken Advisors(212) 521-4050kevin@awakenlab.com
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