Hollysys Automation Technologies Ltd. announced that Dr. Jianfeng He retired from his positions as a member and Chairman of the Board of Directors of the Company. To fill the vacancies, Ms. Li Qiao was elected as a director of the Company and Mr. Baiqing Shao, the current CEO and a director of the Company, was elected as the Chairman of the Board. The Board currently consists of five members, Ms. Li Qiao, Mr. Colin Sung, Ms. Jerry Zhang, Mr. Jianyun Chai and Mr. Baiqing Shao. Dr. He joined Hollysys in 1997, serving the company for about 19 years. He was appointed as Director and Chairman of the Board in 2013. Ms. Qiao is the Chairman of Agriculture Resources Pte Ltd. and the Director of CSIC International Pte Ltd. She served as Chairman of Hollysys from 2007 to 2010 and as Director of Beijing Hollysys Co., Ltd. from 1999 to 2008.