News and Research on SORL Auto Parts, Inc. (SORL)
Business Description
SORL Auto Parts, Inc. engages in the manufacture and distribution of automotive air brake valves and related components for commercial vehicles weighing approximately three tons, such as trucks and buses. The company distributes products both in China and internationally under the SORL trademarks. The company’s product range includes 40 categories of brake valves with approximately 800 different specifications.
Products
The company manufactures and distributes commercial vehicle air brake valves and related components in China and internationally. Installed on the chassis, air brake valves include a collection of various air brake components using compressed air and functioning as the execution device for service braking and parking brake. The products are principally used in commercial vehicles weighing approximately three tons, such as trucks and buses. Air brake valves are critical components that ensure driving safety.
RL3530 Series Spring Brake Chamber: A spring brake chamber executes the service, parking and emergency braking, when the brake system malfunctions, the products can automatically provide emergency braking force. In 2006, the Joint Venture produced 786,900 units of spring brake chambers, the major output in China, which was supplied to OEM customers such as FAW Qingdao and Dongfeng Group.
Clutch Servo: Clutch Servo, which are clutch empower devices developed by the Joint Venture, was awarded a patent in China.
RL351 Series Air Dryer: Air dryers dry and purify the compressed air. Combined with unloader valves and the heating components, this new type of air dryer requires no separate installation of certain other components. The product has a compact structure and multiple functions. The products are supplied to OEM customers such as FAW Qingdao and Dongfeng Group.
Relay Valves: Electric control exhaust relay valves shorten the length of pipeline between the air storing tank and the brake chamber. They are used in different types of commercial vehicles.
Hand Brake Valves: Hand brake valves serve as an auxiliary device for parking brakes. They are supplied to many OEM customers including FAW Qingdao.
Aftermarket
Together with the Ruili Group, the Joint Venture has established the sales networks of 28 authorized distributors covering the following seven regions nationwide: Northeast Region (Harbin, Changchun, Shenyang); North Region (Beijing, Shijiazhuang, Datong, Tianjin); Northwest Region (Urumchi, Xi’an); Southwest Region (Chongqing, Liuzhou, Kunming, Chengdu); Central Region (Zhengzhou, Wuhan, Shiyan); East Region (Ji’nan, Qingdao, Hefei, Hangzhou, Nanchang, Quanzhou, Shanghai, Najing, Xuzhou); and South Region (Guangzhou, Changsha).
Suppliers
The company's suppliers include Shanghai Jinshi Materials Co. Ltd, Shanghai Tongzai International Trade Co. Ltd and Shanghai Dechen Materials Co. Ltd.
Customers
The company's major customers include FAW Qingdao Automobile Works; First Auto Group Purchase Dept; Dongfeng Axle Co., Ltd.; Beiqi Foton Motor Co., Ltd. Zhucheng Automobile Works; and Liuzhou Special Auto Manufacturing Co., Ltd.
The company's major international customers include Golden Dragan Auto Spare Parts; ITM; MICO; LIL/MILA; MAKROTECH; POLMO; and FOTA.
Competition
The company's competitors include FAW Group (a.k.a. First Auto Group), Dongfeng Motors Group, Liuzhou Special Auto Manufacturing Co., Ltd., Beiqi Foton Motor Co., Ltd., etc. The company's major domestic competition in China include: VIE, Weiming and CAFF. The company's major international competition includes WABCO and Knorr.
History
SORL Auto Parts, Inc. was founded in 2003.
