ZHEJIANG, China, July 5, 2011 /PRNewswire-Asia-FirstCall/ --
SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or "the
Company"), a global tier one supplier of brake and control systems
to the commercial vehicle industry, today announced that to improve
its production management system, managers of its subsidiary, Ruili
Group Ruian Auto Parts Co., Ltd., recently completed advanced
training in the TPS production management system.
The TPS (Toyota Production System) production management system
is a widely-used global system. Through continuous improvement from
each individual module to the overall process, the TPS production
management system eliminates inefficiencies to shorten the time
from the start of production to the time units reach the customer.
It eliminates waste and guarantees low-cost, high-efficiency
and high-quality production to maximize customer satisfaction, and
to improve competitiveness.
The Company's managers were in the first group to receive this
upgrade that was sponsored by its customer, the FAW Group (FAW), as
SORL is one of its core suppliers. FAW intends to build an
internationally competitive core supplier network. The FAW
instructor demonstrated the TPS production management system in
great detail and also highlighted the production training site for
practical application.
Jinrui Yu, International Sales
& Production VP, commented, "The TPS production management
system is a popular global production management system. As a key
supplier to FAW, we are honored to be invited to participate in
this training, and we now have a more profound understanding of the
effectiveness of the TPS production management system. We are
further integrating the usage of the TPS system more broadly and
deeply to control costs, increase efficiency, improve product
quality, and maximize customer satisfaction, which in turn,
increases the Company's and our shareholders' value."
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. ranked No. 1
for market share in the segment for commercial vehicles brake
system, such as trucks and buses. 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 system and
others. The Company has four authorized international sales centers
in Australia, UAE, India, and the
United States. 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. Forward-looking statements can be identified by the use
of forward-looking terminology such as "will", "believes",
"expects" or similar expressions. These forward-looking statements
may also include statements about our proposed discussions related
to our business or growth strategy, which is subject to change.
Such information is based upon expectations of our management that
were reasonable when made but may prove to be incorrect. All of
such assumptions are inherently subject to uncertainties and
contingencies beyond our control and upon assumptions with respect
to future business decisions, which are subject to change. We do
not undertake to update the forward-looking statements contained in
this press release. For a description of the risks and
uncertainties that may cause actual results to differ from the
forward-looking statements contained in this press release, see our
most recent Annual Report filed with the Securities and Exchange
Commission (SEC) on Form 10-K, and our subsequent SEC filings.
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
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Ben Chen
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VP Finance & Corporate
Secretary
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+86 577 6581 7721
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Email: ben@sorl.com.cn
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Kevin Theiss
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Grayling
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+1 646 284 9409
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Email: kevin.theiss@grayling.com
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SOURCE SORL Auto Parts, Inc.