SORL Auto Parts Receives Tax Refund

ZHEJIANG, China, Sept. 30 /PRNewswire-Asia-FirstCall/ — SORL Auto Parts,
Inc. (Nasdaq: SORL) (“SORL” or “The Company”), a leading manufacturer and
distributor of commercial vehicle air brake valves as well as related auto
parts in China, announced today that the Company’s subsidiary, Ruili Group
Ruian Auto Parts Co., Ltd. (“Ruian Auto Parts”), has received its anticipated
tax refund of approximately $744,000 (RMB 5.1 million) for the fiscal year
ended December 31, 2008.

In accordance with the Income Tax Law of the People’s Republic of China on
Foreign-invested Enterprises and Foreign Enterprises, the Joint Venture of
Ruian Auto Parts is eligible for additional preferential tax treatment. For
the years 2007 and 2008, the Joint Venture was entitled to an income tax
exemption on all pre-tax income generated by the company above its pre-tax
income generated in the fiscal year ended December 31, 2006. Thereafter, the
Joint Venture will enjoy a 50% exemption from the applicable income tax rate
of 25% on any pre-tax income above its 2006 pre-tax income, to be recognized
in the years 2009, 2010 and 2011.

Xiaoping Zhang, SORL Auto Parts’ CEO and Chairman, said, “We are pleased
to benefit from this tax exemption program. As we reinvest the savings into
our growth strategy, the tax savings for this year, as well as those that will
be recognized in the next two years will enable us to maintain our leading
position in China’s auto parts industry and continue to gain momentum for our
future growth, strengthen our technological innovations and build shareholder
value.”

About SORL Auto Parts, Inc.

As China’s leading manufacturer and distributor of automotive air brake
valves, SORL Auto Parts, Inc. ranks first in market share in the segment for
commercial vehicles weighing more than three tons, such as trucks and buses.
The Company distributes products both within China and internationally under
the SORL trademark. SORL ranks among the top 100 auto component suppliers in
China, with a product range that includes 40 types of air brake valves and
over 1000 different specifications. The Company has four authorized
international sales centers in Australia, United Arab Emirates, India, and the
United States, with additional offices slated to open in other locations in
the near future. For more information, please visit http://www.sorl.cn .

Safe Harbor Statement

This press release may include certain statements that are not
descriptions of historical facts, but are forward-looking statements. Forward-
looking statements can be identified by the use of forward-looking terminology
such as “will”, “believes”, “expects” or similar expressions. These forward-
looking statements may also include statements about our proposed discussions
related to our business or growth strategy, which is subject to change. Such
information is based upon expectations of our management that were reasonable
when made but may prove to be incorrect. All of such assumptions are
inherently subject to uncertainties and contingencies beyond our control and
upon assumptions with respect to future business decisions, which are subject
to change. We do not undertake to update the forward-looking statements
contained in this press release. For a description of the risks and
uncertainties that may cause actual results to differ from the forward-looking
statements contained in this press release, see our most recent Annual Report
filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our
subsequent SEC filings. Copies of filings made with the SEC are available
through the SEC’s electronic data gathering analysis retrieval system (EDGAR)
at http://www.sec.gov .

SOURCE SORL Auto Parts, Inc.