Hollysys Automation Technologies to Announce Fiscal Year 2020 Second Quarter Financial Results and Host Earnings Conference Call on February 19, 2020 US ET

BEIJING,Feb. 7,2020 -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"),a leading provider of automation and control technologies and applications inChina,today announced that it will report its financial results for fiscal year 2020 second quarter on Wednesday,February 19,2020 U.S. Eastern Time.

The Company will host a conference call at8:00 pmFebruary 19,2020 U.S. Eastern Time / 9:00 am February 20,2020 Beijing Time,to discuss the financial resultsfor fiscal year 2020 second quarter ended December 31,2019 and business outlook.

To participate,please call the following numbers ten minutes before the scheduled start of the call. The conference call identification number is6396705.

Standard International Dial-In Number:

+65 67135090

Participant Local Dial-In Numbers:

Australia,Sydney

+61 290833212

China,Domestic

4006208038

China,Domestic Landline only

8008190121

China,Hong Kong

+852 30186771

China,Taiwan

+886 255723895

Japan,Tokyo

+81 345036012

Korea (South),Seoul

+82 27395177

United Kingdom,London

+44 2036214779

United States,New York

+1 8456750437

Participant ITFS Dial-In Numbers:

Australia,

1800411623

Australia,

1300717205

Belgium

080071900

Canada

18663861016

France

0800912761

Germany

08001820671

China,Hong Kong

800906601

China,Taiwan

0809091568

India

18002666846

Indonesia,PT Indosat access

0018030179156

Indonesia,PT Telkom access

0078030179156

Italy

800874737

Japan

0120925376

Korea (South),Domestic

0808500474

Malaysia

1800820152

Netherlands

08000221931

New Zealand

0800880084

Norway

80010719

Philippines,PLDT Access Only

180016120306

Switzerland

0800561006

Thailand

001800656772

United Kingdom

08082346646

United States

18665194004

In addition,a recording of the conference call will be accessible within 48 hours via Hollysys' website at: http://hollysys.investorroom.com

About Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Hollysys is a leading automation control system solutions provider inChina,with overseas operations in eight other countries and regions throughoutAsia. Leveraging its proprietary technology and deep industry know-how,Hollysys empowers its customers with enhanced operational safety,reliability,efficiency,and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation. In industrial automation,Hollysys delivers the full spectrum of automation hardware,software,and services spanning field devices,control systems,enterprise manufacturing management and cloud-based applications. In rail transportation,Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993,with technical expertise and innovation,Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals. As ofJune 2019,Hollysys had cumulatively carried out more than 25,000 projects for approximately 15,000 customers in various sectors including power,petrochemical,high-speed rail,and urban rail,in which Hollysys has established leading market positions.

SAFE HARBOUR:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements,other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy,plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions,involve known and unknown risks and uncertainties. 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. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable,they do involve assumptions,risks and uncertainties,and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements,which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors,including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws,the Company does not assume a duty to update these forward-looking statements.

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