01 Dec HollySys Announces Ground-Based High-Speed Rail Signaling Contract Win for Harbin-Jiamusi and Jiujingqu Lines
HollySys announced today that it signed two contracts to provide the ground-based high-speed rail signaling system and equipment to Harbin-Jiamusi high-speed rail line(“Hajia Line“), valued at RMB 77.70 million or approximately USD $11.23 million, and Jiujingqu high-speed rail line (“Jiujingqu Line”), valued at RMB 32.20 million or approximately USD $4,65 million. Total value is RMB 109.9 million or approximately USD $15.88 million.
For these two projects, HollySys will supply the ground-based high-speed rail signaling system and equipment include Train Control Centers (TCC), Line-side Electronic Units (LEU) and other auxiliary equipment, which will work 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.
HollySys’ management commented: “We are pleased to win the contracts to supply ground-based signaling 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.