ZHEJIANG, China, Sept. 17, 2018 /PRNewswire/ — SORL Auto Parts, Inc. (NASDAQ :SORL ) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced it was selected by China Custom to enter into the “Longteng Intellectual Property Protection Program” (“Longteng Program”).
Started in 2017, the Longteng Program is the Chinese government’s initiative to protect the intellectual properties of the leading Chinese companies against domestic Chinese copycats. China Custom leads the enforcement to oversee a wide array of products that have infringed intellectual properties and to stop them from shipping to international destinations. China Custom in Hangzhou has shortlisted 26 manufacturing companies ranging from home appliances to machinery for its submission into the Longteng Program. SORL is the only auto parts producer from the Wenzhou area selected by the Longteng Program. Since its inception, the Longteng Program has completed over 250 investigations and detained millions of illegal products.
“International markets are a vital part of our business. We are investing more into R&D to strengthen our core competences. We were recently awarded a patent, number EP 2787199 B1, for an exhaust brake valve for automobiles from the European Patent Office, which will help improve SORL’s development within the European markets and it has already been introduced into the European automotive markets,” Mr. Xiaoping Zhang, SORL’s Chief Executive Officer and Chairman commented.
Mr. Zhang further stated, “As a leader in braking systems and components in China, we are committed to developing our intellectual properties and brand name. SORL has registered its brand with Madrid — The International Trademark System and won many awards at the municipal, provincial and national levels in China. We currently hold over 600 patents. This is the reason why we have been selected by Longteng Program.”
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. is the market leader for commercial vehicles brake systems, such as trucks and buses in China. 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 systems and others. The Company has four authorized international sales centers in UAE, India, the United States and Europe. For more information, please visit http://www.sorl.cn.
