KONE to supply the elevators and escalators at Lishui Wandi Plaza in China

Fri Dec 9, 2011 2:01am EST

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KONE Corporation, press release, December 9, 2011

KONE has been selected to deliver 62 elevators and 94 escalators and autowalks to the Lishui Wandi Plaza in Zhejiang Province, China. The Lishui Wandi Plaza will be a eight building complex featuring a five-star hotel, a shopping center, an office building and five high-rise residential buildings.

Altogether 23 of the solutions are eco-efficient KONE MonoSpace® machine-room-less elevators. Of the escalators, 82 are KONE TravelMaster(TM) 110, which is especially designed for demanding commercial environments. The shopping experience will be further optimized with four KONE TransitMaster(TM) 140 escalators with a vertical rise of nearly 17 meters which will transport shoppers from the lobby directly to the fourth floor in the shopping mall.

"We are honored to be selected by Zhejiang Wandi Real Estate Investment Group to provide our customized People Flow(TM) solutions to another complex project," says William B. Johnson, Managing Director of KONE China. "We are proud that the high service level of our Major Projects team has been recognized."

The Lishui Wandi Plaza complex is located in the central business district of Lishui in southern Zhejiang Province and is expected to be completed in 2013.

The order was booked in Q4 of 2011.

For further information, please contact:
Liisa Kivel├Ą, Director, External Communications, KONE Corporation, tel. +358 204 75 4330

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com




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