Summary：Hollysys Automation Technologies, Ltd. (NASDAQ: HOLI), aprovider of automation, control technologies and applications in China, announced that it has successfully won contracts to design, supply.

Hollysys Automation Technologies, Ltd.  (NASDAQ: HOLI), aprovider of automation, control technologies and applications in China, announced that it has successfully won contracts to design, supply and implement the High-Speed Rail Signaling Systems for the MTR Corporation. These contracts are primarily to implement the Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL). The contracts are valued at approximately HK $489.9 million, or US $63.15 million. The 26-km long Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, also known as the XRL, is an express railway connecting West Kowloon in Hong Kong and Guangzhou through Shenzhen at a designed maximum operating speed of 200km/h. It is a committed cross boundary transport infrastructure project scheduled for completion in 2015. After crossing the boundary, the Mainland Section of the XRL runs north for a further 116 km to Guangzhou, with new stations at Futian, New Shenzhen (Longhua), Humen and Guangzhou South Railway Station. The Express Rail Link will connect with the 16,000-km National High-speed Railway Network and will enhance Hong Kong's role as the southern gateway to the Mainland.
The MTR Corporation is a listed company on the Stock Exchange of Hong Kong (SEHK: 0066) and included in the Hang Seng Index (Commerce & Industry). The company is a major public transit builder and operator as well as a major property developer and landlord in Hong Kong; it also has extensive railway business outside Hong Kong. Established in 1975, has approximately 21,300 employees globally. The company owns and runs the Hong Kong MTR metro system and also invests in railways in different parts in the world, includes operating rapid-transit systems in London, Stockholm, Beijing, Shenzhen, and Melbourne. The Company is also engaged in other businesses in addition to its railway operations. These include the development of residential and commercial projects, property leasing and management, advertising, kiosk and shop rentals and telecommunication services.
Hollysys Automation Technologies is a 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 3,500 employees with nationwide presence in over 40 cities in China, with subsidiaries and offices in Singapore, Malaysia, Dubai, India, and serves over 2000 customers in the industrial, railway, subway & nuclear industries in China, south-east Asia, and the middle east. Its proprietary technologies are applied in its industrial automation solution suite including Distributed Control System (DCS), Programmable Logic Controller (PLC), RMIS, HAMS, OTS, and other products, high-speed railway signaling system of Train Control Center(TCC) and Automatic Train Protection (ATP), and other products, subway supervisory and control platform (SCADA), and nuclear conventional island automation and control system.