SORL Auto Parts (SORL) Enters Product Development Agreement with Largest Commerical Vehicle Manufacturer in China
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SORL Auto Parts, Inc. (Nasdaq: SORL), has entered into a product development agreement with China National Heavy Duty Truck Group Co., Ltd., the largest Chinese commercial vehicle manufacturer. SORL will supply braking valves and components to be fitted on light-duty vehicles.
The Company expects that sales to CNHTC will reach 15 million RMB in 2012.
The Company expects that sales to CNHTC will reach 15 million RMB in 2012.
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