SORL Announces Supply Agreement With Zoomlion

SORL Auto Parts, Inc. SORL today announced that the Company has entered into a supply agreement with a new customer, Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd., China's leading manufacturer of construction machinery equipment. SORL will supply braking air processing unit (technology for Zoomlion's crane trucks. The Company combined braking APU with air cylinders and created a module, which improves the pressure seal integrity and vehicle driving safety. This module will also save installation space, installation time, and installation costs. With SORL's braking APU technology, the Company is furnishing Zoomlion with the whole braking system and other components. Annual sales from this APU module to Zoomlion are expected to approximate RMB 10 million in 2011. "We are very pleased to win this new contract with Zoomlion," said Mr. Baojian Tao, the Chief Operating Officer of SORL. "It marks another milestone in SORL's business expansion. We are targeting other leading manufacturers of construction machinery equipment in China as potential users of this braking module, or other SORL products. We have strong confidence that SORL's innovations to increase safety and fuel economy will lead to additional advanced, high-quality products, and combined with improving service, we will add more value to our customers."