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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 5/15/20 |
Not Subject to Section 16: 1 |
Issuer: |
| Issuer CIK: 714284 |
| Issuer Name: SORL Auto Parts, Inc. |
| Issuer Trading Symbol: SORL |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1806049 |
| | Owner Name: Wang Huilin |
| Reporting Owner Address: |
| | Owner Street 1: NO. 2666 KAIFAQU AVENUE, |
| | Owner Street 2: RUIAN ECONOMIC DEVELOPMENT DIST. |
| | Owner City: RUIAN, ZHEJIANG |
| | Owner State: F4 |
| | Owner ZIP Code: 325200 |
| | Owner State Description: CHINA |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/15/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 200 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: On May 15, 2020, SORL Auto Parts, Inc. ("Issuer") completed the merger pursuant to that certain agreement and plan of merger dated as of November 29, 2019 ("Merger Agreement"), by and among Issuer, Ruili International Inc., a Delaware corporation ("Parent"), and Ruili International Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub was merged with and into Issuer (the "Merger"), with Issuer surviving the Merger as a wholly owned subsidiary of Parent. Mr. Huilin Wang is entitled to receive US$4.72 in cash, without interest, for each share of common stock of the Issuer he beneficially owns. |
Owner Signature: |
| Signature Name: /s/ HUILIN WANG |
| Signature Date: 5/18/20 |