Hollysys Technology Group Co., Ltd.
AI-Powered Image SearchHollysys Technology Group Co., Ltd. is a prominent provider of automation and control technologies in China and the Asia-Pacific region. Established in 1993, the company is headquartered in Beijing and serves various sectors including industrial, rail transportation, and nuclear power.
Corporate Status
- Ownership: As of July 25, 2024, Hollysys is a private company following the completion of a merger with Ascendent Capital Partners. It was previously listed on the NASDAQ under the ticker HOLI.
- Scale: The company employs over 5,500 people and reports annual revenues of approximately $790 million USD.
Core Business AreasThe group operates through three primary segments, often referred to as its "3+1+N" strategy:
- Industrial Intelligence: Offers Distributed Control Systems (DCS), Programmable Logic Controllers (PLC), and SCADA systems for power plants, petrochemicals, and manufacturing.
- Transportation Intelligence: Provides signaling and control solutions for high-speed rail, subways, and highways.
- Food & Pharmaceutical Intelligence: Includes automated dispensing systems for Traditional Chinese Medicine (TCM) and molecular diagnostic devices.
Recent Developments
- Strategic Partnerships: In 2025, Hollysys entered into a comprehensive cooperation agreement with Huawei to deepen its technology integration.
- Project Milestones: Recent projects include supporting the world's first 30-MW-class pure hydrogen gas turbine and the world's highest-altitude lithium facility in early 2026.
- Global Expansion: It maintains significant international headquarters and business centers in Singapore, India, Indonesia, and Malaysia.
