SORL Auto Parts (SORL) to be acquired by Ruili International for $4.72 per share in cash

• The members of the Sino-foreign consortium other than Ruili Group already held in the aggregate about 59% of the total SORL shares.
• U.S. IPO in 2006
• SORL +23.53% premarket to $4.20.
• Headquarters: Rui'an, Wenzhou, China

"We are engaged in the business of manufacturing in China and distributing automotive parts globally with a focus on air brake valves and related components for commercial vehicles weighing more than three tons, such as trucks and buses.  We are the largest commercial vehicle air brake system manufacturer in China, with 21% of the Chinese domestic market share, producing 40 categories of brake valves with over 800 different specifications which are distributed under the trademark “SORL”."