SORL Auto Parts, Inc. announced that, in response to a preliminary non-binding proposal letter, dated April 25, 2019, from Mr. Xiaoping Zhang, the Chairman and Chief Executive Officer of the company, Ms. Shuping Chi and Mr. Xiaofeng Zhang, directors of the company, and Ruili Group Co. Ltd. to acquire all of the outstanding shares of the company not owned by them or their affiliates, the company has increased the size of its board of directors from seven to nine and appointed Mr. Xiao Lin and Mr. Binhua Feng as independent directors to fill newly created vacancies. Thereafter, the board formed a special committee of independent directors consisting of Mr. Xiao Lin and Mr. Binghua Feng to review, evaluate and negotiate the proposal and any alternative thereto and to make a recommendation with respect to the proposal and any alternative thereto. The Special Committee is in the process of retaining its independent financial advisor and independent legal counsel to assist it in its review, evaluation and negotiation of the proposal and any alternative thereto.