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Hollysys Automation Technologies To Provide The Complete Suite Of High-speed Rail Signaling Systems To Guangzhou-Shenzhen-Hong Kong Express Rail Hong Kong Section Valued At US $63.15 Million

About the Hong Kong Section of XRL

The 26-km long Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, also known as the XRL, is an express railway connecting West Kowloon in Hong Kong and Guangzhou through Shenzhen at a designed maximum operating speed of 200km/h. It is a committed cross boundary transport infrastructure project scheduled for completion in 2015. After crossing the boundary, the Mainland Section of the XRL runs north for a further 116 km to Guangzhou, with new stations at Futian, New Shenzhen (Longhua), Humen and Guangzhou South Railway Station. The Express Rail Link will connect with the 16,000-km National High-speed Railway Network and will enhance Hong Kong's role as the southern gateway to the Mainland.

About the MTR Corporation

The MTR Corporation is a listed company on the Stock Exchange of Hong Kong (SEHK: 0066) and included in the Hang Seng Index (Commerce & Industry). The company is a major public transit builder and operator as well as a major property developer and landlord in Hong Kong; it also has extensive railway business outside Hong Kong. Established in 1975, has approximately 21,300 employees globally. The company owns and runs the Hong Kong MTR metro system and also invests in railways in different parts in the world, includes operating rapid-transit systems in London, Stockholm, Beijing, Shenzhen, and Melbourne. The Company is also engaged in other businesses in addition to its railway operations. These include the development of residential and commercial projects, property leasing and management, advertising, kiosk and shop rentals and telecommunication services

About Hollysys Automation Technologies, Ltd.

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