KONE wins order for a mixed-use high-rise tower development in Nanjing, China

Eine Frau in einem Schreibwarenladen (Symbolbild). © JackF / iStock / Getty Images Plus / Getty Images

KONE Corporation, press release, January 22, 2018

KONE Corporation, a global leader in the elevator and escalator industry, has won an order to equip Nanjing Golden Eagle World, an interconnected, three-tower high-rise structure, with 108 elevators and escalators. Located in the capital of Jiangsu Province, the Nanjing Golden Eagle World towers will include high-end offices and a five-star hotel. A lower building at the base of the three towers will house Asia's largest shopping center and a 5,000-space parking garage. The three towers of the development will be connected by a six-story skybridge that will accommodate restaurants and indoor landscape swimming pools.

With a total area of 918,000 square meters, the Nanjing Golden Eagle World towers will reach heights of 368 meters and 76 floors (A Tower), 328 meters and 67 floors (B Tower), and 300.8 meters and 60 floors (C Tower).

To enable the smooth movement of guests, visitors and staff, KONE will equip the hotel, office towers and shopping mall with 14 KONE MonoSpace® elevators, 86 KONE MiniSpace(TM) elevators and eight KONE TravelMaster(TM) escalators. KONE is also delivering a KONE Destination Control System to increase capacity and shorten elevator journey times by optimizing traffic flows.

"Nanjing Golden Eagle World is set to become a new landmark in a city that is known as one of the four great ancient capitals of China. I am proud that our solutions will enhance people flow for the numerous tenants, employees and guests of this striking, multi-use structure in this fast-growing city," says William B. Johnson, executive vice president for KONE Greater China.

Nanjing Golden Eagle World is built by Shanghai Construction Group, developed by Golden Eagle Retail Group, and designed by East China architectural design institute (ECADI) & Frederic Rolland Architects. The building is expected to be completed in 2019.

The order was booked in the fourth quarter of 2017.

Previous press releases are available at www.kone.com/press including:

December 22, 2017: KONE wins order for Qindao-Jinan railway station building in China's Shangdong province
December 22, 2017: KONE wins order for an infrastructure project in Zhengzhou, China's Henan province
July 10, 2017: KONE to supply elevators and escalators for Raffles City Chongqing, a mixed-use development in China

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

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 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KONE OYJ via Globenewswire

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