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HOLI: $4M Contract for Train Control Centers at Chengdu-Guanxian Railway Project

Posted on: Thu, 19 Nov 2009 09:15:00 EST

Symbols: HOLI

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Ridgeland, MS, NOV 19, 2009 (EventX/Knobias.com via COMTEX) --
HOLI | Quote | Chart | News | PowerRating -- By Fain Hughes, fhughes@knobias.com

Hollysys Automation Technologies Ltd. (HOLI) announced that it will supply its high-speed railway on-ground control product Train Control Centers (TCCs) for the Chengdu-Guanxian (Dujiangyan City) High-Speed Railway project, pursuant to a contract signed with China Railway Electrification Bureau Co., Ltd. The contract is valued at approximately US$4 million.

Hollysys will supply its high-speed railway on-ground signaling control product TCCs for the 72 kilometers Chengdu-Guanxian railway line, which is the first inter-city high-speed railway line built in China. The line is designed with a traveling speed of 200kph, with 12 railway stations connecting Chengdu, Pixian County, and Dujiangyan City, in the Sichuan Province of China. Hollysys' on-ground signaling system TCC is one of the major product offerings of the Company's product portfolio in the high-speed railway sector, which works together with the on-board signaling system ATP (Automatic Train Protection), to ensure the safe and reliable operation of the high-speed railway traffic.

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For full details on Hollysys Autmation Tech Ltd (HOLI) HOLI. Hollysys Autmation Tech Ltd (HOLI) has Short Term PowerRatings at TradingMarkets. Details on Hollysys Autmation Tech Ltd (HOLI) Short Term PowerRatings is available at This Link.

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