KONE to improve flow of urban life at Liuzhou Poly International Center in China

Press Release Published 05.16.2016

KONE Corporation, press release, May 16, 2016

KONE, a global leader in the elevator and escalator industry, has won an order for 33 elevators and 21 escalators to be installed at the Liuzhou Poly International Center mixed-use development in Liuzhou, a city in the Guangxi Autonomous Region of South Central China.

The development includes a 54-story office and hotel tower that rises to a height of 248 meters and a shopping mall. KONE will deliver two KONE MonoSpace® elevators, 31 KONE MiniSpace(TM) elevators, 21 KONE TravelMaster(TM) escalators, and the advanced KONE Destination Control System (DCS) to the development. In additional, all equipment will be linked to the KONE E-Link(TM) remote monitoring solution, which provides real-time status updates on equipment performance. Some 3,000 people are expected to use the KONE equipment on a daily basis.

"We are very pleased to continue and to strengthen our long relationship with Poly Property in Guangxi with this latest project," said William B. Johnson, Executive Vice President for KONE Greater China. "At KONE, our mission is to improve the flow of urban life. This project is an example of how we can do that at a site that is expected to be a bustling hub for business and commerce."

The developer for the project, which is expected to be completed in 2017, is Poly Property Group Co., Ltd.

The order was booked in the first quarter of 2016.

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330. media@kone.com

Read more
Previous press releases are available at www.kone.com/press including:
February 25, 2016: KONE wins order for the upcoming Taikang Mansion high-rise in Beijing
January 11, 2016: KONE to provide elevators for high-end residential towers in Liuzhou, China
January 11, 2016: KONE wins major order for Nanjing's Kingfine Center

About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

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