December 1, 2016

Hollysys secures two ground-based high-speed rail signalling deals

China-based Hollysys Automation Technologies has signed two high-speed rail signalling contracts with a combined worth of $15.88m for Harbin-Jiamusi and Jiujingqu lines.

Under the contracts, the company will provide the ground-based high-speed rail signalling system and equipment to both the high-speed rail lines.

Harbin-Jiamusi rail line contract is valued at $11.23m and Jiujingqu rail line contract is worth about $4.65m.

Hollysys will supply the rail signalling system and equipment such as train control centres (TCC), line-side electronic units (LEU) and other auxiliary equipment to these two projects.

"With a total length of 343km, the line is being built as a 200km/h, double-tracked electrified express railway."

The company will work with on-board signalling equipment automatic train protection (ATP) systems, which are critical in ensuring operational safety for high-speed railways.

Hollysys stated: "We are pleased to win the contracts to supply ground-based signalling equipment for Hajia and Jiujingqu lines.

“The achievements enhance our opportunities to win more railway line contracts. In the future, Hollysys will continue to make more contribution to China's railway construction, and create value for our shareholders."

Harbin-Jiamusi Intercity Railway is within Heilongjiang province of China and connects the capital Harbin to Jiamusi. With a total length of 343km, the line is being built as a 200km/h, double-tracked electrified express railway.

Construction of the project started in June 2014 and the line is expected to open to traffic by 2018.