SORL Auto Parts, Inc. manufactures and distributes automotive air brake valves and hydraulic brake valves. The Company’s products are primarily for the commercial vehicles market in China.
In Nov 2015, the Rosen Law Firm started an investigation into whether the going private proposal is fair to the public shareholders.
The company was alleged that a related party transaction in May 2016 unfairly benefit the CEO and his family.
SORL Auto Parts: 2017 Annual Report, 2 Apr 2018
Seeking Alpha: Time To Pump The Brakes On SORL Auto Parts, 20 Dec 2016
SORL Auto Parts: 2016 Q3 Quarterly Report, 14 Nov 2016 (Purchase Agreement to purchase Development Zone Facility)