KONE to supply elevators and escalators to Luneng Lingxiucheng commercial complex in Shandong province, China

KONE Corporation, press release, September 6, 2013

KONE, an innovative leader in the elevator and escalator industry, will supply 37 elevators and 62 escalators to a commercial complex to be built in Jinan City, the capital of Shandong province in China. This modern multipurpose complex, situated 7 kilometers from the downtown area, will consist of a hotel, an office building and a commercial center. KONE's solutions will enable smoother people flow in the office and commercial sections of the complex, which are scheduled to be ready by the end of 2014.

The 140-meter-tall office building will have 30 floors and be equipped with 11 KONE MiniSpace(TM) elevators and two KONE MonoSpace® elevators. These industry-leading solutions will offer passengers premium ride comfort and enhanced eco-efficiency. For the 250,000 square meter commercial podium, KONE will deliver 24 MonoSpace® elevators, 60 KONE TravelMaster(TM) 110 escalators and two KONE TravelMaster(TM) 115 autowalks to make the customer experience as smooth and safe as possible. The KONE E-Link monitoring system will also be used in both buildings to enable the efficient management of equipment and quick reaction to changing traffic situations.

"We are very pleased to win this order, and to serve the growing urban population of Jinan City with our pioneering eco-efficient solutions. Open and timely communication with the customer gave us the right tools to tailor our solutions for their specific needs in this project," said William B. Johnson, Executive Vice President for KONE Greater China.

The complex is designed by East China Architectural Design and Research Institute Co., Ltd., and the main contractor is Shandong Luneng Genfu Development Co. Ltd.

The order was booked in the second quarter of 2013.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775

Previous press releases on KONE's orders are available at www.kone.com/press including:

Sep 3, 2013 KONE wins an order for elevators and escalators at the Dazhongli development in the heart of Shanghai's commercial district in China

July 3, 2013 KONE to supply elevators and escalators for China's tallest twin towers

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 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
www.kone.com