Last $22.39 USD
Change Today -0.77 / -3.32%
Volume 298.7K
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As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

hollysys automation technolo (HOLI) Key Developments

Hollysys Automation Technologies, Ltd. Signs Contract to Provide Ground-Based High-Speed Rail Signaling System and Equipments to Shenyang - Dandong High-Speed Rail Line

Hollysys Automation Technologies, Ltd. announced that it signed a contract to provide the ground-based high-speed rail signaling system and equipments to Shenyang - Dandong high-speed rail line (‘Shendan Line’), valued at RMB 50.92 million or approximately USD 8.28 million in total, with designed running speed of 250 km/h. Shendan Line is expected to be operated by August 2015. The ground-based high-speed rail signaling system and equipments include Train Control Centers (TCC), Temporary Speed Restriction Servers (TSRS), Line-side Electronic Units (LEU) and other auxiliary equipments, work together with the on-board signaling equipment ATP (Automatic Train Protection), as the critical control elements in the high-speed railway signaling systems to ensure the safety and reliability of the high-speed railway operation. Shendan Line connects Shenyang city and Dandong city with designed total 8 stations and a total length of 207 kilometers. Shendan Line will start from Harbin-Dalian Line ("Hada Line"), then pass by Benxi Economic Development Area, Benxi city, Fengcheng city, and then arrive in Dandong city with 8 stations along the route. After the operation of Shendan Line, it will only take approximately 1.5 hours from Shenyang to Dandong, which will effectively reduce the travel time of passengers. Through connecting with Hada Line and Dandong-Dalian Line ("Danda Line"), intercity triangle zone of mid-south rail network of Liaoning Province is formed as the main frame, improving the layout of high speed rail network as well as accelerating development of mid-south Liaoning Province urban cluster, and providing convenient travelling condition for industrial parks to collaborate within the Liaoning Coastal Economic Zone.

Hollysys Automation Technologies Wins Two Ground-Based High-Speed Rail Signaling Contracts

Hollysys Automation Technologies, Ltd. announced that it signed two contracts to provide the ground-based high-speed rail signaling system and equipments to Guiyang- Guangzhou high-speed rail line ("Guiguang Line") Guizhou section and Baiyun- Longli north high-speed rail line, valued at RMB 117.12 million or approximately $19.03 million in total, with designed running speed of 250 km/h for both lines. These two lines are expected to be operated by the end of 2014 and mid of 2015 respectively. The ground-based high-speed rail signaling system and equipments include Train Control Centers (TCC), Temporary Speed Restriction Servers (TSRS), Line-side Electronic Units (LEU) and other auxiliary equipments, work together with the on-board signaling equipment ATP (Automatic Train Protection), as the critical control elements in the high-speed railway signaling systems to ensure the safety and reliability of the high-speed railway operation.

HollySys Automation Technologies, Ltd. Presents at J.P. Morgan Global China Summit 2014, Jun-10-2014

HollySys Automation Technologies, Ltd. Presents at J.P. Morgan Global China Summit 2014, Jun-10-2014 . Venue: Grand Hyatt Hotel, Beijing, China.

HollySys Automation Technologies, Ltd. Presents at Morgan Stanley China Industrials Summit, Jun-18-2014

HollySys Automation Technologies, Ltd. Presents at Morgan Stanley China Industrials Summit, Jun-18-2014 . Venue: The Westin Beijing Chaoyang, Beijing, China.

Hollysys Automation Technologies, Ltd. Wins Two Ground-Based High-Speed Rail Signaling Contracts for Qingdao- Rongcheng Line and Jilin- Huichun Line

Hollysys Automation Technologies, Ltd. announced that it signed two contracts to provide the ground-based high-speed rail signaling system and equipment to Qingdao-Rongcheng high-speed rail line (‘Qing Rong Line’) and Jilin- Huichun high-speed rail line(‘Ji Hui Line’), valued at RMB127.38 million or approximately USD 20.67 million in total, with designed running speed of 250 km/h for both lines. The contract size for Qing Rong Line is RMB65.33 million or approximately USD 10.60 million, and Ji Hui Line is RMB 62.05 million or approximately USD 10.07 million. The two lines are expected to be operated by the end of 2014 and in October of 2015 respectively. The ground-based high-speed rail signaling system and equipment include Train Control Centers (TCC), Temporary Speed Restriction Servers (TSRS), Line-side Electronic Units (LEU) and other auxiliary equipments, work together with the on-board signaling equipment ATP (Automatic Train Protection), as the critical control elements in the high-speed railway signaling systems to ensure the safety and reliability of the high-speed railway operation. Qing Rong Line connects three major cities of Qingdao, Yantai and Weihai, with 298.86 km in length. It is the first regional intercity high-speed rail line in Shandong Province. After the completion of this line, the travel time from Qingdao to Weihai will be shortened to 1.7 hours. Ji Hui Line starts from Jilin city and ends at Huichun city with 9 stations and 360.55km in length. It will shorten the travel time from Jilin city to Huichun city to about 2.0 hours after its operation in October of 2015.

 

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