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Hollysys Automation Technologies Announces Ground-Based High-Speed Rail Signaling Contract Win for Harbin-Jiamusi and Jiujingqu Lines

Hollysys Automation Technologies, Ltd. (HOLI) 
Last hollysys automation technologies, ltd. earnings: 2/19 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: hollysys.investorroom.com
Company Research Source: PR Newswire
BEIJING, Dec. 1, 2016 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced today that it signed two contracts to provide the ground-based high-speed rail signaling system and equipment to Harbin-Jiamusi high-speed rail line("Hajia Line"), valued at RMB 77.70 million or approximately USD $11.23 million, and Jiujingqu high-speed rail line ("Jiujingqu Line"), valued at RMB 32.20 million or approximately USD $4,65 million. Total value is RMB 109.9 million or approximately USD $15.88 million.For these two projects, Hollysys will supply the ground-based high-speed rail signaling system and equipment include Train Control Centers (TCC), Line-side Electronic Units (LEU) and other auxiliary equipment, which will work with the on-board signaling equipment ATP (Automatic Train Protection), as the critical control elements in the high-speed railway signalin Show less Read more
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