Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Hollysys Automation Shares Gain On CEO Succession

  • Chit Nim (Colin) Sung resigned as the CEO and director of Hollysys Automation Technologies Ltd (NASDAQ:HOLI) effective January 1 pursuant to the board resolutions.
  • Hollysys founder Dr. Changli Wang was appointed as the CEO and nominated director. Chit Nim (Colin) Sung was appointed as the deputy CEO.
  • Dr. Changli Wang commented, "It is my honour and obligation to be back to Hollysys. We have just experienced some challenges in the past two years. However, thanks to the accountable and responsible board, the company has been healthily operational."
  • Hollysys is a leading provider of automation and control technologies and applications in China.
  • Price Action: HOLI shares traded higher by 5.47% at $14.85 in the market session on the last check Monday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Justin Timberlake sues to block release of DWI body cam footage
The lawsuit contends that making the video public would inflict "severe and irreparable harm" on his reputation
The Independent UK
The Independent UK
Zendaya Flaunted a Wedding Band Weeks Before Her Stylist Claimed She's Married to Tom Holland
Speculation about Zendaya and Tom Holland's relationship status intensifies as rumors of a secret wedding circulate.
International Business Times UK
International Business Times UK
Was Jim Carrey Replaced By Alexis Stone? Drag Queen Allegedly Accepted 'Unrecognisable' Actor's Honorary César Award
Jim Carrey's appearance at the César Awards ignited online speculation after drag artist Alexis Stone claimed she impersonated him, though no evidence confirms it. The frenzy highlights how quickly celebrity sightings can morph into conspiracy.
International Business Times UK
International Business Times UK
NYC girl ‘Mae’ accidentally swapped orders with ‘April’ in a Starbucks drive-through. There was also a ‘June’ next in line: ‘Glitch in the matrix?’
We’ve all had our names mangled on a coffee cup before. But 22-year-old Mae’s one trip to Starbucks resulted in a chronological coincidence so perfect it felt like a rift in the space-time continuum. Or, a glitch in the matrix, if you believe.
The Mary Sue
The Mary Sue
‘You were not mad enough omg’: Woman forgets her purse at a San Antonio Taco Bell. Then she tracks it to 3 kids
Every once in a while, you are faced with a situation that you had not anticipated, and it leads to several other experiences that you wouldn’t want to go through. TikTok user @x.abss was faced with a similar predicament when she decided to grab some food at a nearby Taco…
The Mary Sue
The Mary Sue
"I definitely saw an unidentified flying object that night." Why this heavy metal icon is convinced he saw a UFO one fateful night in North Carolina
The truth is out there for Lamb Of God's Randy Blythe
Metal Hammer
Metal Hammer
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play