Item 5.07. Submission of Matters to a Vote of Security Holders

Special Meeting of Stockholders

A special meeting of the stockholders (the "Special Meeting") of SORL Auto Parts, Inc., a Delaware corporation (the "Company"), was held on May 8, 2020. The Company's stockholders considered the following proposals at the Special Meeting:





    ?   Proposal I: to adopt the Agreement and Plan of Merger, dated as of
        November 29, 2019, as it may be amended from time to time  (the "Merger
        Agreement"), by and among the Company, Ruili International Inc., a
        Delaware corporation ("Parent"), and Ruili International Merger Sub Inc.,
        a Delaware corporation and wholly owned subsidiary of Parent ("Merger
        Sub"), providing for the merger of Merger Sub with and into the Company
        (the "Merger"), with the Company surviving the Merger as a wholly owned
        subsidiary of Parent; and




    ?   Proposal II: to approve the adjournment of the special meeting, if
        necessary or appropriate, to solicit additional proxies if there are
        insufficient votes at the time of the special meeting to adopt the Merger
        Agreement.




Voting Results

As of the record date of April 2, 2020, the Company had 19,304,921 shares of common stock outstanding that are entitled to vote, of which 15,876,170 or 82.24% were present in person or by proxy at the Special Meeting. 15,393,221 shares, representing approximately 79.74% of the outstanding shares entitled to vote, voted in favor of the proposal to adopt the Merger Agreement. Specifically, 4,033,818 shares, representing approximately 50.77% of the outstanding share of common stock entitled to vote owned by the unaffiliated stockholders, voted in favor of the proposal to adopt the Merger Agreement, satisfying the majority of unaffiliated stockholders voting requirement set forth in the Merger Agreement.

The adjournment proposal was approved with 15,158,713 "FOR" votes, 663,263 "AGAINST" votes and 54,194 "ABSTAIN" votes.




Item 8.01. Other Events

On May 8, 2020, the Company issued a press release announcing the results of the Special Meeting and the target closing date. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits





Exhibits



99.1   Press Release, dated May 8, 2020.




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