| Hollysys Automation will supply its high-speed railway on-ground control product Train Control Centers for the Chengdu-Guanxian High-Speed Railway project, pursuant to a contract signed with China Railway Electrification Bureau Co., Ltd. The contract is valued at $4M. This is Hollysys' follow-on high-speed railway contract win in China's Southwest region, in addition to the Dacheng high-speed railway project completed in June, 2009. Under the terms of the contract, the product delivery will be completed by December, 2009. :theflyonthewall.com |
