Difference between revisions 471773692 and 521923794 on enwiki{{Orphan|date=February 2009}} '''HLS Systems International, Ltd.''', based in [[Beijing]], [[China]], with 1,700 employees, is the largest domestic provider of [[automation]] [[control system]]s to China's surging nuclear, rail and industrial markets. HLS has developed a series of proprietary international standards quality, low cost control systems. The Company specializes in the research, development, production, sale and distribution of industrial automation and control systems. On September 20, 2007, HLS Systems International Ltd. completed the acquisition of Gifted Time Holdings, Limited (Gifted Time) pursuant to a Stock Purchase Agreement, dated as of February 2, 2006, as amended (the Stock Purchase Agreement). Gifted Time owns a controlling interest in operating companies in the PRC known as HollySys. Concurrent with that stock purchase, Chardan North China Acquisition Corporation (Chardan) was merged with and into HLS. Automated controls manufactured by Hollysys were implicated in train crashes in China.<ref>Areddy, James T., "China Bullet Trains Trip on Technology", ''Wall Street Journal'', Oct 3, 2011. [http://online.wsj.com/article/SB10001424053111904353504576568983658561372.html online].</ref> ==Notes== {{reflist}} ==External links== *[http://www.hollysys.cn/ Corporate website] [[Category:Companies of the People's Republic of China]] All content in the above text box is licensed under the Creative Commons Attribution-ShareAlike license Version 4 and was originally sourced from https://en.wikipedia.org/w/index.php?diff=prev&oldid=521923794.
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