Hollysys Established Strategic Technology Research and Development Group
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BEIJING, Dec. 22, 2020 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced today that it has established a strategic technology research and development group ("Strategic Technology Group") in response to the impact of the COVID-19 pandemic and opportunities arising during this period. The Strategic Technology Group focuses on industrial and rail automation, manufacturing automation, medical automation and other control applications and systems that help our clients accelerate and streamline the work process. The Strategic Technology Group will be directed by Mr. Changli Wang, founder of the Company. Other members of the Strategic Technology Group include: Mr. Lei FANG, the Co-Chief Operating Officer of the Company, Mr. Xue YU, the Co- Chief Operating Officer of the Company, Dr. Chunming HE, the Chief Technology Officer of the Company, Mr. Hongyuan SHI, the Chief Human Resources Officer of the Company and Dr. Lei REN, the general manager of Beijing Hollysys Smart Energy Tech. Co., Ltd ("Hollysys Smart Energy"), a subsidiary of the Company.