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SORL Auto Parts, Inc. Retains the Global Consulting Group as Investor Relations Counsel1 March 2006
SORL Auto Parts, Inc. (OTC Bulletin Board: SAUP) has retained The Global Consulting Group, a strategic consulting firm headquartered in New York, to provide investor relations and financial communications counsel.
"The Global Consulting Group was selected to represent SORL Auto Parts after a thorough review of numerous candidates,'' said Xiaoping Zhang, the Chairman and CEO of SORL. ''The Global Consulting Group's strong track record in auto industry stocks, keen understanding of China's market, and ability to enhance shareholder value for its clients were the key reasons we selected them to assist us in our investor relations efforts. We believe that The Global Consulting Group's effective communications programs and impressive reputation of developing long-term relationships with the investment community will enable SORL to increase investor awareness and visibility.''
''We are very excited to work with SORL Auto Parts,'' stated Richard Wolff, CEO of The Global Consulting Group. ''SORL Auto Parts is a good example of China's growing role in the global auto components purchasing business. Having worked closely with many fast growing companies from emerging markets, we are confident that our bilingual China team on two continents will successfully assist in the strategic planning and disciplined execution of SORL's ongoing communications.''
About SORL Auto Parts, Inc.
As China's leading manufacturer and distributor of automotive air brake valves and hydraulic brake valves, SORL Auto Parts ranks first in market share in the market for commercial vehicles weighing more than three tons, such as trucks, vans and buses. The Company distributes products both in China and internationally under SORL trademarks. SORL is rated as one of the top 100 auto component suppliers in China, with a product range that includes 40 types of brake valves with over 800 different specifications. The Company has three authorized exclusive international sales centers in Australia, UAE, and the United States, with additional offices slated for opening in other locations in the near future.
About The Global Consulting Group
The Global Consulting Group, a wholly-owned subsidiary of Huntsworth PLC, is headquartered in New York, with offices in Chicago, Los Angeles, Sacramento, London, Edinburgh, Madrid, Brussels, Shanghai and Tel Aviv. The firm's 100 employees strategically spread out over 3 continents, services over 200 global clients in 10 languages. The firm focuses on providing consulting services to privately-held and publicly-traded corporate clients in three areas: investor relations, corporate communications and public affairs.
Safe Harbor Statement
The statements made in this press release that are not historical fact are ''forward-looking statements" which are based upon current expectations that include a number of risks and uncertainties. Additional factors that could potentially affect the Company's financial results may be found on the Company's filings with the Securities and Exchange Commission ( http://www.sec.gov ).
For more information, please contact:
David Ming He
SORL Auto Parts, Inc.
Tel: +86-577-6581-7720
Email: davidhe@sorl.com.cn
Christopher Chu
The Global Consulting Group
Tel: +1-646-284-9426
Email: cchu@hfgcg.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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