KONE to equip Hangzhou's Ping An Financial Center in Zhejiang Province, China

KONE Corporation, press release, July 3, 2015

KONE, a global leader in the elevator and escalator industry, has won an order to supply 64 elevators and escalators to Hangzhou Ping An Financial Center, an office and commercial building situated in the Qianjiang New District in Hangzhou, Eastern China.

Designed by one of China's top design companies Hanjia Design Group Co.,Ltd, the Ping An Financial Center is composed of three towers standing at a height of 180m and stretching to a total construction area of 285,000 square meters. The towers comprise prestigious office space and the buildings' street level will be dedicated to high-end retail.

To complement the building's prestigious design and to deliver an elegant, eco-efficient People Flow solution, KONE will deliver 44 KONE MiniSpace(TM) elevators, 12 KONE MonoSpace® elevators and 8 KONE TravelMaster(TM) escalators.

Hangzhou Ping An Financial Center is developed by Hangzhou Pingjian Investment Co., Ltd, Hangzhou Anfeng Properties Limited and Hangzhou Lvjingyuan Properties Limited. The development is expected to be completed in 2017.

The order was booked in the first quarter of 2015.

Previously published press releases are available at www.kone.com/press including:
April 2, 2015: KONE wins order to equip Beijing's tallest building to be
April 1, 2015: Shenzhen's sustainable skyscraper in China to feature KONE's people flow solutions
April 1, 2015: KONE to equip Lanzhou's new landmark building in Gansu Province, China

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

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

www.kone.com