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SORL Auto Parts, Inc. (Ruili Group Ruian Auto Parts Co., Ltd., ),a Sino-foreign joint venture (the “Joint Venture”), develops, manufactures and distributes automotive brake systems and other key safety related auto parts to Commercial Vehicles and Passenger Vehicles.
Management believes that we are the leading commercial vehicle air brake systems manufacturer in China. In general, our customers are divided into three groups: OEMs in China, aftermarket distributors in China, and international customers, accounting for approximately 48.5%, 29.7% and
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