KONE wins order for China's Xi'an Metro Line 4
(Thomson Reuters ONE) -
KONE Corporation, press release, October 25, 2016
KONE, a global leader in the elevator and escalator industry, has won an order
to equip 29 stations of the Xi'an Metro Line 4 and Xi'an Metro Line 1 phase 2
with 327 elevators and escalators.
Located in Northwest China, Xi'an is one of the oldest cities in China and it
was recently named as one of the 13 emerging megacities of the country. In a bid
to upgrade the infrastructure of its cities, the number of megalopolises in
China is set to grow from three in 2000 to thirteen in 2020.
"China's cities are on the rise with Xi'an being one of them. We have
successfully provided infrastructure solutions to many of the country's cities
in the past, and we are excited to contribute to growing cities once again
through this project," says William B. Johnson, KONE Executive Vice President
for Greater China.
KONE's solutions include 246 KONE TransitMaster(TM) escalators, 33 KONE S
MonoSpace® elevators, 38 KONE N MonoSpace® elevators and 10 KONE S MiniSpace(TM)
elevators. KONE will equip 14 stations of Xi'an Metro Line 4 with escalators and
machine-room-less elevators for all 29 stations. These stations are connected by
an underground metro line that spans across 35.2km from Hangtianxincheng to
Beike Station. Meanwhile, KONE will supply escalators and machine-room-less
elevators for the 4 stations of Xi'an Metro Line 1 Phase 2 namely Forest Park,
Fengdonglu, Shanglinlu and Zhangjiacun.
The main developer is Xi'an Metro Co.Ltd and the architects are Guangzhou Metro
Design & Research Institute Co. Ltd, China Railway First Survey & Design
Institute Group Co.Ltd. The estimated project completion is in December 2018.
The order was booked in the third quarter of 2016.
Previous press releases are available at www.kone.com/press including:
October 13, 2016: The first KONE UltraRope® in China to be installed in
Beijing's tallest building, China Zun
August 29, 2016: KONE wins order for new main line of Chongqing metro in China
April 06, 2016: KONE wins order for Shanghai Metro extension
April 06, 2016: KONE wins escalator order for Lanzhou Metro in China
For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel.
+358 204 75 4330. media(at)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 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.
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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