Purchaser Group Instigates a Solicitation of Agreements from Stockholders of Hollysys Automation Technologies Ltd (NASDAQ: HOLI) to Pursue Support on Stockholder Resolutions

July 2, 2021

The buyer syndicate comprising of CPE Funds Management Limited, Mr. Shao Baiqing, and Ace Lead Profits Limited today began soliciting consents from stockholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) concerning the grouping’s planned purchase of the company. Syndicate mails a letter to Stockholders seeking approval The syndicate dispatches a letter to significant beneficial-owner stockholders through their banks and agents, along with a WHITE agreement card. Hollysys stockholders, as of…