|
|
Article: Hollysys Automation Technologies Enters China's Subway Signaling Market with $48 Million Contract Win.
- Article from:
- PR Newswire
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BEIJING, Nov. 9 /PRNewswire-Asia-FirstCall/ -- Hollysys Automation Technologies, Ltd. ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its contract signing with Beijing Mass Transit Railway Operation Corp., to provide subway signaling systems and engineering works for the Changping Line of the Beijing Subway network. The contract is valued at approximately USD $48 million, or RMB 326 million.
Under the terms of the contract signed, Hollysys is to provide engineering, procurement, and construction (EPC) services for the Changping Line subway signaling systems, including system ...