0001144204-14-043805.txt : 20140721 0001144204-14-043805.hdr.sgml : 20140721 20140721080106 ACCESSION NUMBER: 0001144204-14-043805 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140721 FILED AS OF DATE: 20140721 DATE AS OF CHANGE: 20140721 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hollysys Automation Technologies, Ltd. CENTRAL INDEX KEY: 0001357450 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33602 FILM NUMBER: 14983614 BUSINESS ADDRESS: STREET 1: NO. 2 DISHENG MIDDLE ROAD, STREET 2: BEIJING ECONOMIC-TECH DVLPMNT AREA CITY: BEIJING STATE: F4 ZIP: 100096 BUSINESS PHONE: 86 10 58981000 MAIL ADDRESS: STREET 1: NO. 2 DISHENG MIDDLE ROAD, STREET 2: BEIJING ECONOMIC-TECH DVLPMNT AREA CITY: BEIJING STATE: F4 ZIP: 100096 FORMER COMPANY: FORMER CONFORMED NAME: HLS SYSTEMS INTERNATIONAL LTD DATE OF NAME CHANGE: 20060324 6-K 1 v384265_6k.htm FORM 6-K

   

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of July, 2014

 

Commission File Number: 001-33602

 

HOLLYSYS AUTOMATION TECHNOLOGIES, LTD.
(Exact name of registrant as specified in its charter)
 
 
No.2 Disheng Middle Road
Beijing Economic-Technological Development Area
Beijing, People's Republic of China, 100176
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F  x    Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation ST Rule 101(b)(1): Not Applicable

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation ST Rule 101(b)(7): Not Applicable

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨    No  x

 

If “Yes” marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82 - ______.

 

 

 

 
 

 

Hollysys Automation Technologies Announces another Ground-Based High-Speed Rail Signaling Contract Win for Shenyang-Dandong Line

 

BEIJING, July 21, 2014 - 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 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 RMB50.92 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 Company's press release regarding the foregoing matters is attached hereto as Exhibit 99.1.

 

Exhibits

 

Exhibit   Description
     
99.1   Press Release, dated July 21, 2014.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  HOLLYSYS AUTOMATION TECHNOLOGIES, LTD.
   
  By: /s/ Baiqing Shao
  Baiqing Shao
  Chief Executive Officer

 

Date: July 21, 2014.

 

 
 

 

EXHIBIT INDEX

 

Exhibit   Description
     
99.1   Press Release, dated July 21, 2014.

 

 

 

EX-99.1 2 v384265_ex99-1.htm EXHIBIT 99.1

 

Hollysys Automation Technologies, Ltd.

 

 

Hollysys Automation Technologies Announces another Ground-Based

 

High-Speed Rail Signaling Contract Win for Shenyang-Dandong Line

 

BEIJING, July 21, 2014 - 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 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' management commented: "We are pleased of this contract win to supply the ground-based signaling equipments to Shendan Line, which helps Hollysys to further penetrate China’s Northeast railway market and enlarge our market share of Shenyang Railway Bureau. In the future, Hollysys will continue to work closely with the China Railway Corporation and national railway authorities, leveraging its strong R&D capability, effective management, and high-quality products and service, make more contribution to China's railway construction and explore the vast rail and subway opportunities both in China and abroad, and create value for our shareholders."

 

About Hollysys Automation Technologies, Ltd. (NASDAQ: HOLI)

 

 
 

 

Hollysys Automation Technologies, Ltd. Page 2
July 21, 2014  

 

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 3,800 employees with nationwide presence in over 60 cities in China, with subsidiaries and offices in Singapore, Malaysia, Dubai, India, and serves over 5,000 customers more than 20,000 projects 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 DCS (Distributed Control System), PLC (Programmable Logic Controller), RMIS (Real-time Management Information System), HAMS (HolliAS Asset Management System), OTS (Operator Training System), HolliAS BATCH (Batch Application Package), HolliAS APC Suite (Advanced Process Control Package), SIS (Safety Instrumentation System), high-speed railway signaling system of TCC (Train Control Center), ATP (Automatic Train Protection), Subway Supervisory and Control platform, SCADA (Surveillance Control and Data Acquisition), nuclear power plant automation and control system and other products.

 

SAFE HARBOUR:

 

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys' management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

 

For further information, please contact:

 

Hollysys Automation Technologies, Ltd.
 

www.hollysys.com

 

+8610-58981386

 

investors@hollysys.com

 

 

 

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