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 Hollysys Automation Technologies, Ltd.
Business Overview
Hollysys Automation Technologies 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 3,500 employees with nationwide presence in over 40 cities in China, with subsidiaries and offices in Singapore, Malaysia, Dubai, India, and serves over 2000 customers in the industrial, railway, subway & nuclear industries in China, south-east Asia, and the middle east. Its proprietary technologies are applied in its industrial automation solution suite including Distributed Control System (DCS), Programmable Logic Controller (PLC), RMIS, HAMS, OTS, and other products, high-speed railway signaling system of Train Control Center(TCC) and Automatic Train Protection (ATP), and other products, subway supervisory and control platform (SCADA), and nuclear conventional island automation and control system.
Market Data |
- NASDAQ: HOLI
- Approximately 55MM shares outstanding
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History |
- Founded in 1993
- The leading provider of automation & control technologies in China
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Operations |
- Headquartered in Beijing: Nationwide presence in 40 cities
- 2 manufacturing facilities in Beijing & Hangzhou
- 3 R&D centers in Beijing, Hangzhou, Xi'An
- Subsidiary and offices in Singapore, Dubai, Malaysia, India
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| Offerings |
- Technologies, Solutions, and Products tailored to Industrial, Rail, Subway, and Nuclear Power Industries
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Headcounts |
- 3,500 employees world wide
- 860 in R&D
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| Financials |
- Fiscal 2012 Guidance (June 30, 2012)
Revenue $ 354-356 MM; Net income $57-58 MM
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Operating Segments
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INDUSTRIAL
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PRODUCTS
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DESCRIPTION
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MARKET POSITION
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| Industrial Automation |
Customized Total Solution Bolstered by:
- DCS (Distributed Control System)
- PLC (Programmable Logic Control)
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- Proprietary technologies in solutions, hardware and software design, manufacture and installation for process automation and manufacturing automation
- Customized total solution bolstered by DCS and PLC products
- Main focus on thermal power, chemical and petrochemical industries.
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- 2000 customers and completed more than 10,000 projects.
- 10.6% of China Industrial automation market share
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| High-Speed Railway Automation |
- TCC (Train Control Center)
- ATP (Automatic Train Protection)
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- Design and manufacture state-of-the-art railway signaling systems of on-board ATP and ground control TCC.
- Provided a well integrated control for the train operation and provide full protection and safety for the high-speed railway traffic.
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- 1 of the only 2 approved providers in the High-Speed (C3) 300-350km/hr rail segments in China.
- 1 of the only 3 approved providers in the (C2) 200~250Km/hr rail segments in China.
- 50% of (C2) 200-250km/h ATP Market
- Proprietary ATP product certified to European Safety Standard, SIL Level 4.
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| Subway Automation |
- SCADA (Supervisory Control And Data Acquisition)
- Subway Signaling System
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- Integrated supervision & control technology for the urban mass transit and subway.
- Integrates and interconnects automation subsystems to the same software platform, providing unified monitoring and interactive control.
- Proprietary technology and products in subway signaling field under development, pioneering all other domestic suppliers.
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- The leading SCADA system supplier for Subway Automation
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| Nuclear Power Automation |
- HOLLiAS NMS - non-safety control for the Nuclear Power Stations
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- Proven proprietary nuclear power plant control system.
- Engineering design, procurement, integration, installation, support, and specialized services for the safe, reliable, and economical operation of the nuclear power plant.
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- The only proven domestic company to supply control systems to nuclear power automation market in China.
- 50/50 joint-venture with China’s largest nuclear station operator, China Guangdong Nuclear Power Holdings Corp. (CGNPC)
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This profile may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys' management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Hollysys is engaged; cessation or changes in government incentive programs: potential trade barriers affecting international expansion; fluctuations in customer demand; management of transitions to new markets; intensity of competition from or introduction of new and superior products by other providers of automation and control system technology; timing, approval and market acceptance of new product introductions; as well as other relevant risks detailed in Hollysys' filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Hollysys does not assume any obligation to update the information contained in this presentation or filings.
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