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 automotive original equipment manufacturers,
or OEMs, and the related aftermarket both in China and internationally. The Company’s products are principally used in different types of
commercial vehicles, such as trucks and buses. Automotive brake systems and other key safety related auto parts are critical components that
ensure driving safety.
Management believes that we are the