Successful Operation of China-Made, Large-Scale DCS

BEIJING, China /PRNewswire-Asia-FirstCall/ -- Hollysys Automation Technologies, Ltd. (Nasdaq: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced that its proprietary large-scale industrial Distributed Control System (DCS) successfully completed 168 hours continuous trail operation and went into commercial operation for 1 GW ultra-supercritical thermal power generating unit in Guohua Taishan Thermal Power Plant (Taishan Power Plant). This is the first-ever successful application of China-made large-scale DCS for 1 GW ultra-supercritical thermal power plants in China.

1 GW ultra-supercritical thermal power generating units are currently China's largest thermal power units on single installed capacity. DCS is applied in the continuous manufacturing processes to provide real-time monitoring and control for the production flow and to ensure production reliability, efficiency and safety.

Dr. Changli Wang, Chairman and CEO of Hollysys, commented, "We are very proud to have our proprietary DCS successfully applied at the largest scale of thermal power generating unit in China, which evidences our penetration into the high-end segment of thermal power market. Given the demographic trend and rising costs of labor, we are envisioning the rapid growth of automation and control applications across all industrial verticals in China for years to come. We will continue to leverage on our core competency to further penetrate the high-end segments of industrial automation market and expand our market share in niche markets, to generate sustainable higher return for our shareholders."

About Hollysys Automation Technologies
Hollysys Automation Technologies Ltd. is a leading provider of automation and control technologies and applications in China that enables its diversified industry and utility customers to improve operating safety, reliability, and efficiency. Founded in 1993, Hollysys has approximately 3,000 employees with nationwide Presence in 29 cities in China and serves over 1700 customers in the industrial, railway, subway & nuclear industries. Its proprietary technologies are applied in product lines including Distributed Control System (DCS) and Programmable Logic Controller (PLC) for industrial sector, high-speed railway signaling system of TCC (Train Control Center) and ATP (Automatic Train Protection), subway supervisory and control platform (SCADA), and nuclear conventional island automation and control system.

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