Hollysys Automation Technologies Provides SCADA System to the Beijing Subway Line 8
Beijing, China – July 1 , 20 10 – 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 has signed the USD $11 million, or RMB 75.8 million contract with Beijing Mass
Transit Railway Operation Corp to deliver its proprietary subway SCADA system for the Phase II of Beijing
Subway Line 8.
Hollysys will provide its proprietary subway SCADA platform, an open hierarchical distributed software system
that integrates and interconnects various automation subsystems at station-level, which may include automation
for building, fire alarm, gates, access control, CCTV, public-address, fare collection, passenger information, train
information and supervision, telecommunication, etc. The Phase II of Beijing Subway Line 8 is 17km in length
with 11 stations, and will be commissioned by December 2012, extending from the already-operational 5km
phase I portion on the same line.
Dr. Changli Wang, CEO of Hollysys, commented, “We are very pleased to sign the contract again with the
Beijing subway to supply our proprietary SCADA systems for the Phase II of Beijing Subway Line 8. This
contract win further validates our well-established brand name recognition in China’s fast-growing subway
automation market. As China’s subway ramp-up accelerates in over 22 cities nation wide, Hollysys will continue
to leverage on its solid track record and brand-name recognition to gain its fair share in this booming market.”
About Hollysys Automation Technologies, Ltd.
Hollysys Automation Technologies is a leading provider of automation and control technologies and applications
in China that enables its diversified industry and utility customers to improve operating safety, reliability, and
efficiency. Founded in 1993, Hollysys has approximately 2,100 employees with 9 sales centers and 13 s